Executives at Capri did not rule out the prospect of selling its brands after the proposal to establish a premium conglomerate in the US fell through.
Business News
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Kennedy currently serves as a partner at EY, where he is credited with leading work on net-zero strategy and planning for international and national businesses.
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Luxury giant Gucci has unveiled new window display concept, "Endless Narratives," designed to immerse shoppers in a journey through time and culture
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Paris-based fashion brand Y/Project is closing after 14 years of success, following the departures of creative director Glenn Martens and CEO Pascal Conte-Jodra. The closure comes amid a difficult period for the luxury fashion industry. The brand thanked its partners and supporters for their dedication over the years.
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The Global Organic Textile Standard (GOTS) is beginning the process of revising the standard to align with the latest developments in the textile industry.
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The joint venture brings forth a potential investment of Rs 500 crores (approximately US $ 60 million) and is set to leverage India’s local talent by creating employment opportunities for a 10,000 strong workforce.