G-III Apparel Group’s first-quarter profits slipped from a strong showing last year, but still beat expectations and were strong enough to prompt the Donna Karan and Karl Lagerfeld parent to boost its outlook for the year. G-III’s first-quarter net income for the quarter fell to $3.2 million from $30.6 million a year earlier, but came...Read More
In the two-plus years since acquiring Tiffany in a $16 billion blockbuster deal, LVMH has gradually revealed its plans to remake the brand from the bottom up. There was the Beyoncé and Jay-Z campaign, the “Lock” fine jewellery collection and the recently reopened flagship designed to please window-shopping tourists and high rollers alike. Now, change...Read More
