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Capri signals selective price hikes on Michael Kors handbags to counter tariff hit

By Reuters Published May 28, 2025 Capri Holdings said on Wednesday that it might selectively raise prices on leather handbags to cushion a hit from tariffs as the Michael Kors owner tries to revive sales at its core brand by undertaking an ambitious turnaround plan. See catwalkMichael Kors – Fall-Winter2025 – 2026 – Womenswear – […]

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Jacquemus unveils takeover at Monte-Carlo Beach Club

French fashion house Jacquemus has teamed up with the Monte-Carlo Société des Bains de Mer for a seasonal collaboration with the Monte-Carlo Beach Club.  Jacquemus unveils takeover at Monte-Carlo Beach Club. – Jacquemus Running through October 7, the activation marks Jacquemus’ first full-scale hospitality integration in Monte-Carlo. At the centre of the collaboration is a

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Hailey Bieber sells makeup brand Rhode to Elf Beauty in $1 billion deal

By Reuters Published May 28, 2025 Model Hailey Bieber’s makeup and skincare brand, Rhode, is being snapped up by Elf Beauty for about $1 billion, giving the budget cosmetic retailer access to a celebrity-endorsed product line that has become hugely popular among Gen Z and millennials. Rhode Elf said on Wednesday it would pay Rhode shareholders

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Hurley launches first brand ambassador campaign with Travis Barker

Global apparel and lifestyle brand Hurley launched on Wednesday its first brand ambassador campaign and capsule collection with Travis Barker. Hurley launches first brand ambassador campaign with Travis Barker. – Hurley Barker brings his distinct influence to every element of the limited-edition drop and innovative campaign. Camo prints, skull motifs, checker patterns, and old English

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Kay Jewelers names Teddy Swims chief love officer

Kay Jewelers has named artist and style icon Teddy Swims as the brand’s inaugural chief love officer. Kay Jewelers names Teddy Swims chief love officer. – Kay Jewelers In this role, Swims will help lead Kay’s mission to inspire everyone to “Love Louder” through bold self-expression, meaningful connection, and personal storytelling.  As part of the

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Dick’s Sporting maintains outlook ahead of Foot Locker deal

By Bloomberg Published May 28, 2025 Dick’s Sporting Goods Inc. maintained its annual sales and profit forecast, a sign of strength as the retailer prepares to acquire struggling footwear chain Foot Locker Inc. DR The company said earnings per share could be as high as $14.40 for the upcoming year. Comparable-store sales are expected to

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Pepkor’s fashion chain Ayana aims for hundreds of stores in South Africa

By Reuters Published May 28, 2025 Recently launched fashion chain Ayana could have hundreds of stores, the CEO of its owner Pepkor told Reuters, as the South African retailer targets trendier customers and embraces the fast-fashion model of some rivals. Reuters Pepkor, the owner of the budget Pep and Ackermans clothing chains, is underrepresented in

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LVMH sees room to lift prices 2–3%, says deputy CEO

By Reuters Published May 28, 2025 French luxury group LVMH has room to raise prices of high-end products by around 2–3% without likely affecting demand from luxury clients, but it would be difficult to lift prices of cognac or beauty products, company executives said on Wednesday. Reuters “We can increase prices by 2% to 3%

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Frasers wins control of XXL ASA, unsure if business can be saved

The UK’s Frasers Group has been interested in buying struggling Norwegian sports retailer XXL ASA since last year and despite being rebuffed and walking away before returning to the pursuit, it’s now close to achieving its goal. XXL ASA But there was a sting in the tail of the announcement of its majority stake on

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Abercrombie surges on raised outlook after tallying tariff cost

By Bloomberg Published May 28, 2025 Abercrombie & Fitch Co. shares rose sharply in premarket trading Wednesday after the retailer upped its full-year outlook, suggesting the retailer is confident in its ability to navigate the changing tariff landscape. Photographer: Stephanie Keith/Bloomberg The fashion retailer now sees full-year net sales growth of 3% to 6%, up

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