Capri Holdings has changed its name from Michael Kors Holdings Limited (NYSE: KORS), and beginning on January 2, 2019, its New York Stock Exchange ticker symbol will be CPRI. The company has also completed its acquisition of Versace. John D. Idol, Chairman and Chief Executive Officer of Capri Holdings said, “With the acquisition of Versace,...
“All the stresses and excesses of the holidays can leave your skin in bad shape, which makes you feel low, too,” said Megan Rogge, MD, assistant professor of dermatology at McGovern Medical School at UTHealth. “The challenge is that at the start of a new year, we all want to look great. The good news...
Putting on clothes is a daily, mundane task that most of us perform with little or no thought. We may never take into consideration the multiple steps and physical motions involved when we’re getting dressed in the mornings. But that is precisely what needs to be explored when attempting to capture the motion of dressing...
It has been dubbed the “retail apocalypse” – the widespread shuttering of brick-and-mortar stores across America in the wake of online shopping’s skyrocketing popularity. But how do consumers feel about this changing retail landscape? University of Arizona researcher Sabrina Helm decided to find out in a new study published in the Journal of Retailing and Consumer...
Design is heading to a corporate boardroom near you. Its form is not a chair, handbag or technology. It is human. This new type of designer is equally comfortable in a navy suit or black turtleneck. Fuelled by top-selling business books and management consultant reports, this latest design movement is all about customer-tailored companies thriving...
CyberLink today announced the winners of the “AI Meets Beauty Challenge”. The Challenge, hosted by CyberLink Corp., Perfect Corp. and National Chiao Tung University (Taiwan), illustrates a real-life smart retail scenario – using AI to identify a beauty care item from an image of a product snapped anywhere in the real world. It attracted 97 teams from 13 countries,...
Corra is launching Avant, the only SAP Commerce Cloud-qualified accelerator designed to meet the needs of fashion brands. This refined solution reduces both cost and time-to-market of a typical SAP Commerce Cloud implementation by up to 40%, allowing fashion retailers to bypass the need for costly customizations and to invest more budget in strategic business initiatives....
The global footwear market is expected to expand at an overall annual compound growth rate (CAGR) of 3.44% from 2018 to 2023, leading to a global revenue of USD 280.61 billion by 2023, according to a new report from ResearchAndMarkets.com. Based on the various products available, the global footwear market has been classified into athletic and...
Michael Kors Holdings Limited (NYSE:KORS) announced today that a definitive agreement has been signed to acquire all of the outstanding shares of Italian luxury fashion house Gianni Versace S.p.A. for a total enterprise value of Euro 1.83 billion or approximately US$2.12 billion. Versace, long recognized as one of the world’s leading luxury fashion companies, is synonymous...
Political allegiance has a critical role in the decision to buy luxury goods. New empirical research by David Dubois, Associate Professor of Marketing at INSEAD, Jeehye Christine Kim of Hong Kong UST Business School and Brian Park of J. Mack Robinson College of Business at Georgia State University, shows that conservative shoppers are much more...
