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Capri's post-Versace reset: Michael Kors preps 'modern glamour' revival
Capri Holdings officially offloaded Versace this week, marking a “seminal moment” for a company now seeking to reset and refocus. The US fashion giant has maintained its stance that the divestiture is not a retreat, but a liquidity-backed strategic reboot, positioning Michael Kors as its growth engine. Capri’s outlook post-Versace sale was...
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Republic Brands Group acquires Joie, Equipment and Current/Elliott
American brand management company Republic Brands Group, which owns and licenses brands in the luxury, fashion, sports, entertainment, beauty and wellness sectors, has acquired fashion brands Joie, Equipment and Current/Elliott, for an undisclosed sum. In a statement, Republic Brands Group said the trio of fashion brands, valued at 36 million US...
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