We now expect 2025 to be another depressed year for the brand.

Kering’s pricing power is strong, resulting in gross margins at the higher end of the peer range (mid-70% reported and in the 80% range, channel-adjusted). Absolute pricing of Gucci’s handbags is in ...

The French luxury group said reported sales declined 4 percent in its linchpin fashion and leather goods division, and ...

Drapers speaks to luxury fashion veterans and analysts on whether Prada Group's $1.375bn (£1bn) acquisition of Versace could ...

Miuccia Prada won't be designing any collections for Versace, which recently hired Dario Vitale, formerly of Miu Miu, as its ...

In 2025, the luxury market faces headwinds unlike any seen since the Great Recession or Covid due to the threat of tariffs to ...

Versace is set to join Prada Group's luxury conglomerate later this year. It will become Prada Group's third-largest brand by ...

Capri, which also owns Jimmy Choo and Michael Kors, had to accept a reduced price from Prada amid the market turmoil caused by U.S. President Donald Trump's tariffs.

Prada said Thursday that it had reached a deal to buy Versace for 1.25 billion euros ($1.38 billion), building a new Italian ...

The purchase, the largest in Prada’s 112-year history, returns Versace to Italian ownership and could put the company in a ...

Italian fashion house Prada announced Thursday it had reached a deal with US group Capri Holdings to buy its flashy rival ...

The s&p Global Luxury index has dropped by more than 20% over the past year, but Hermès shares have lost just 4%. What can ...