Capri beat holiday-quarter profit estimates on Wednesday as the luxury fashion house boosted its margins by selling more products at full price and cutting manufacturing costs, sending its shares up nearly 7%.
Casablanca, the upbeat party-hearty French brand enjoying explosive growth, debuted its first womenswear collection this weekend with a Casino Royale-style after-party video shot on the Champs-Élysées.
Milan Fashion Week Men's runs from 15 to 19 January, with an exclusively online and severely reduced calendar. Deprived of the majority of its stars, the event has bet on young talent and is introducing 10 new labels.
Browns is backing Versace’s low-waist trousers for the SS21 season, as well as Bottega Veneta’s summer jumpsuit, Gucci’s flared jeans and Kwaidan Editions’ oversized blazer in the season’s hot, bright green.
Total revenue and profits may have slumped at Capri holdings in the latest quarter, but the owner of Michael Kors, Versace and Jimmy Choo was upbeat as Chinese demand recovered strongly and e-tail soared.