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08.12.25 - 19:36
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′You have to stay curious′: Michael Kors on his inclusive brand′s global rise (The Guardian)
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With a return to thinness in the fashion industry, catwalks spanning size, age and race may be the secret of the Kors appealThe sale of Versace to Prada this week in a $1.4bn deal marked a new chapter for two storied Italian fashion houses.It also left Versace's former parent company, Capri Holdings, with an even greater focus on Michael Kors, the 44-year-old brand know as America's Armani that made up about 70% of sales in its last financial year. Continue reading......
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04.12.25 - 23:24
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Versace creative director leaves shortly after fashion house′s $1.4bn sale to Prada (The Guardian)
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Dario Vitale exits after one season, having taken the helm from Donatella VersaceVersace has announced its creative director is leaving, less than nine months after taking on the role and two days after the deal to sell the brand to rival Italian fashion house Prada.Dario Vitale exits after just one season, having taken the helm from Donatella Versace. Prada said it would announce a replacement “in due course”. Continue reading......
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03.12.25 - 09:18
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Thames Water profits surge on higher bills, Prada buys Versace for $1.4bn – business live (The Guardian)
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Rolling coverage of the latest economic and financial newsElsewhere this morning, Airbus lowered its delivery target for commercial aircraft from 820 to about 790 this year, after it confirmed it had discovered a supplier quality issue on fuselage panels on its A320 family of jets.Airbus engineers found defects on a wider set of A320 fuselage panels, according to Reuters, with around 40% of the affected jets still in assembly lines. The affected parts have the wrong thickness, Reuters reported. Continue reading......
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