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Saturday, October 20, 2018

Versace fans lash out at Michael Kors as ‘the tackiest man alive’ 

"Cheap fabric for soccer moms." "Duty-free cheap (expletive) you buy at the airport." "A brand about to go from high-end luxury to TJ Maxx...

Michael Kors to buy Versace and change name to Capri Holdings

Michael Kors is going high-end. The handbag maker is acquiring Gianni Versace for $2.1 billion, including debt, providing Kors a launching...

Victoria Beckham on being a female entrepreneur

"I'm doing the best I can creatively, as a wife, as a mum — I'm working hard," she said. The...

Walmart takes a cue from Netflix in buying brands

Just as Netflix has amped up investment in content creation, Walmart will continue investing in brands, said Andy Dunn, CEO and co-founder of Walmart-owned...

British fashion house Burberry to stop burning unsold items

Burberry CEO Marco Gobbetti said in a statement emailed to CNBC: "Modern luxury means being socially and environmentally responsible. This belief is core to...

J. Crew sets up shop on Amazon with new dedicated online shop

Instead of competing against Amazon, J.Crew is setting up shop with them. The e-commerce giant is giving J.Crew Mercantile, a line...

New Balance to use AI at NY fashion week to find unfashionable people

"The idea is to celebrate people who go left when everybody else is going right," New Balance's director of global marketing Allie Tsavdarides told...

Finance, tech bros drive fleece vest sales as Moosejaw sees 700% jump

It's become ubiquitous in Palo Alto and Wall Street, parodied on Instagram and memorialized by the wardrobe department on Showtime's fictional hedgefund drama "Billions"...

Companies move to bridge gender gap in pay, but do your homework

Huang's advice to women: Do your research. "Use the internet and all the information that's crowdsourced out there." Websites that gather...

Five ways to make money overseas besides travel writing or teaching

A lower cost of living may be one of the reasons people retire overseas.But you might still want a job – and not just...