Capri Holdings announced on Wednesday the American luxury company is eyeing $8 billion in future revenues, representing a 40% uptick on fiscal 2022.

Inter Parfums Inc. announced the closing of its agreement with G-III Apparel Group, the parent company of the Donna Karan and DKNY brands, to become the exclusive worldwide licensee for the labels’ fragrance brands. 

In just over 18 months, Larroudé has achieved several milestones such as a Launch of the Year award, Jill Biden sporting a Larroudé bag at high-profile international events, and developed four brand collaborations. 

In 2021, the Spanish group obtained a net result 413% higher than in 2020. During the period, it accumulated revenues of €216.5 million, up 31% year-on-year.

Bluebell Capital Partners wants Swiss luxury goods group Richemont to concentrate on jewellery and watches, it said on Wednesday, saying such a move could double its share price in the medium term.

The revenue of Italian leather goods group Piquadro rose in all channels and regions in Q1 2022-23, reaching €32 million, equivalent to a 47.2% increase, driven chiefly by its monobrand stores and Europe.

​Fashion resale  marketplace Depop said on Wednesday that its CEO Maria Raga is to exit the firm, with Kruti Patel Goyal, the chief product officer of owner Etsy, set to take up the role as of September 12.

Superdrug said on Wednesday that it has signed over 200 brands to its forthcoming new Marketplace, the first such UK operation to be launched by a high street health & beauty retailer.

​A major new climate action initiative for fashion brands has just been launched with Yoox Net-A-Porter, Zalando and About You joining forces in what they said is a “unique industry collaboration”.

Armani posted a 20% increase in sales at constant currencies in the first half, after swinging to an operating profit in 2021 as revenues returned above pre-pandemic levels in the second part of the year.

The data analytics specialist has presented a new visual content platform and creative bank tool, while leveraging artificial intelligence to define the best strategies and investments.

​Hugo Boss has extended its Boss Kidswear license deal with the France-based CWF Group to take in the Hugo Brand. It means a Hugo Kids collection developed for boys and girls aged 4-16, but with a focus on teenagers.

As retailers battle to attract consumer attention at a time when said consumers are reining-in their spending, it seems that shipping subscriptions could be key to unlocking their purses. For marketplaces, at least.

Social e-commerce platform Flip announced on Monday a $60 million Series B funding round, bringing the company’s valuation to $500 million.

Greater Manchester business Classic Football Shirts has become the major sponsor for Championship football club Burnley for the 2022/23 season. Its name will adorn a new retro-style club shirt.