By Bloomberg Published June 1, 2025 As the latest deadline for TikTok to be sold or banned in the US approaches, we’ll find out next month whether the app will continue to be a fixture on American phones or not. See catwalkFendi – Fall-Winter2025 – 2026 – Womenswear – Italie – Milan – ©Launchmetrics/spotlight A decline in fashion…
HIGH HONOR: A range of fashion entrepreneurs and executives have been bestowed with the “Cavaliere del Lavoro,” or “Knight of Labour,” honor in Italy. They include Prada Group’s chairman and executive director Patrizio Bertelli; Francesco Milleri, chairman and chief executive officer of EssilorLuxottica; Alfonso Dolce, chairman and CEO of Dolce & Gabbana; Maria Giovanna Paone, chairwoman and co-CEO of…
ALERTS FOR YOUR NEIGHBORHOOD. LET’S GET TO MORE BREAKING NEWS AT THIS HOUR. FEDERAL AGENTS RAID A SOUTH SIDE MILWAUKEE CLOTHING STORE, SO IMAGES FROM THE SCENE SHOW MULTIPLE LARGE BOXES WITH THE WORDS HOMELAND SECURITY EVIDENCE ON THEM. YOU CAN SEE IT HERE. NOT SURE IF YOU CAN MAKE OUT THE WORDS THERE, BUT…
This spring, In the Mood for Love is once again flickering on cinema screens in Hong Kong. More than two decades on, Wong Kar-wai’s film has lost none of its glow. A meditation on time, restraint and unspoken desire, it quietly signals that Hong Kong once moved to a different rhythm. It is tempting to…
Amid the ongoing US-China tariff war, TikTok has become flooded with content from Chinese factories. In these viral videos, factory workers and business owners allege that many “high-end” luxury brands from around the world, including Gucci, Prada, Louis Vuitton, are actually manufactured in China, then sold at dramatically marked-up prices overseas. Chinese factory workers claim…
RTO is popping up in another medium: fashion. Fashion houses are tapping into the discourse and trend as return-to-office continues to be one of the much-debated workplace discussions following the pandemic. “The pendulum is now swinging the other way; I feel like this is the fashion houses’ way of saying the power suit is back,…
Prada has agreed to buy Versace in a 1.25 billion euro (£1.1 billion) deal that will see two of Italy’s biggest luxury fashion brands come together. The Milan-based Italian fashion house said it was acquiring 100% of the brand from Michael Kors and Jimmy Choo owner Capri Holdings. Prada said Versace would complement its portfolio…
In a billion dollar deal that shakes up the world of luxury fashion, Prada has agreed to buy Versace from its owner Capri Holdings. The all cash deal, valued at $1.375 billion, will merge two of the most famous Italian luxury fashion brands under one roof. It is expected to close in the second half…
Welcome to “The Price Is Right” — the fashion dealmaking edition. Price is always central when it comes to putting millions or billions of dollars into a company or staging an IPO. Like the game show, there’s some guessing and gut instinct that goes into finding the right price for a deal. And there’s usually…
A young actress’ suicide in South Korea. Allegations of an underage relationship. These are part of a growing drama in the Asian entertainment world that raises questions about society’s treatment of celebrities in crisis, with harsh media and online commentary amplifying their lowest moments. This week, South Korean actor Kim Soo-hyun publicly denied allegations that…