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Societe Generale thinks the third phase of a slowdown in the luxury sector has just started as concerns remain over the spending trend of affluent Chinese millennials and the impact of the Yellow Vest protests in France. More news on: Tapestry, Inc., Ralph Lauren Corporation, Tiffany &am...
Though the deal was tipped yesterday, today's confirmation that Michael Kors (NYSE: KORS ) is acquiring Versace for an enterprise value of $2.12B is a major development in the fashion world. More news on: Michael Kors Holdings, Tapestry, Inc., Ralph Lauren Corporation, Consumer stocks news...