Prada

Meta Platforms, Inc. (NASDAQ:META) and EssilorLuxottica are preparing to launch new AI-powered smart glasses under the Oakley and Prada brands, according to information obtained by CNBC on Tuesday.  The move follows the strong performance of the second-generation Ray-Ban smart glasses, which...

Telsey Advisory Group analyst Dana Telsey reiterated a Market Perform rating on the shares of Capri Holdings Ltd (NYSE:CPRI) and lowered the price forecast from $23.00 to $17. Capri announced yesterday it will sell the Versace brand to Prada for $1.375 billion in cash, with the deal expected to...

Capri Holdings Limited (NYSE:CPRI) saw its shares tick higher in Thursday’s premarket action after the company unveiled a definitive agreement to divest the luxury fashion house Versace to Prada S.p.A. in a $1.375 billion all-cash deal, subject to adjustments. The transaction, which still...

The luxury goods industry is preparing for a substantial decline in sales, attributed to China’s subdued demand and challenging comparisons with the sales spike following the COVID-19 pandemic last year. What Happened: Investors are bracing for a sharp fall in sales as luxury brands reveal...

Amid efforts to expand the Hang Seng Index, Hong Kong’s stock benchmark, Prada (OTC:PRDSY), XPeng (NYSE:XPEV), and BeiGene (NASDAQ:BGNE) are anticipated to be included. The potential addition of foreign companies may signal a significant shift in the global market and boost the city’s...

Singles Day on Nov. 11 is an unofficial Chinese holiday. The holiday has surpassed Cyber Monday as the largest online shopping day of the year globally.   What Happened: Alibaba Group Holding Ltd (NYSE: BABA) owns the trademark to Singles Day and is the largest participating retailer....

Odd couples often receive odd looks. Gawking and speculating onlookers nosily turn their heads trying to understand how two parties with such contrasting chemistry can come together to form successful partnerships and functioning relationships. Despite the gawk factor, and perhaps against all odds...

This piece contains the opinions of the author, Kristin Bentz, President at Talented Blonde, LLC, that do not reflect the opinions of Benzinga.com. Don’t say I didn’t warn you. On December 23, 2014, I posted a missive on my Tumblr page lamenting the recent weakness in traditional...

Perhaps the most anticipated box office opening of 2013, The Great Gatsby hit theaters today. Reviled by some critics and loved by others, the film has spawned a bit of a cultural obsession with the Roaring Twenties. Both the Brooks Brothers and Tiffany & Co. (NYSE: TIF) have released...