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Gucci Shifts Into High Gear With F1; DVF Taps New Artistic Director


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Wednesday, May 27

Designer and Luxury

Gucci Shifts Into High Gear With F1 Team Sponsorship, New Racing Platform

Starting in 2027, the Gucci Racing Alpine Formula 1 Team will compete in Gucci colors.

Designer and Luxury

Henry Zankov Named Artistic Director at Diane von Furstenberg, Ushering in a New Era

After a successful capsule collection, Henry Zankov takes the helm as DVF's first artistic director, bringing a fresh, modern perspective to the iconic 54-year-old brand.

Financial

CEO John Idol Said Capri Holdings Is Ready to Build Again

The company fought its way nearly back to breakeven in the fourth quarter and is projecting growth this fiscal year.

Mergers and Acquisitions

Gordon Brothers Buys Radley London in Distress IP Deal

After revenue declines, a misfiring U.S. push and mounting costs, Radley has been sold out of administration in an IP‑only transaction, while its U.K. retail business will cease operation.

Retail

Abercrombie & Fitch Q1 Profits Drop But Beat Expectations Amid Impact From Middle East Conflict

CEO Fran Horowitz said the "bottom-line results reflect discipline and consistency, with both operating margin and earnings per diluted share exceeding our outlook."

Retail

Skims to Open First China Store at Times Square Hong Kong

Operated by Lane Crawford, its longtime wholesale partner, the stand-alone store will be open this November.

Designer and Luxury

Bergdorf Goodman Gets One Week Retail Lead on Chanel's Métiers d'art Collection

The first Métiers d'Art collection designed by Matthieu Blazy features a selection of ready-to-wear, handbags, accessories and shoes is now available at Bergdorf's and featured in its windows.

                                                           
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