Nike has previously offered deep discounts to maintain the interest of consumers who are cautious about the economic downturn, while also taking the opportunity to clear excess inventory.

Recently, due to the high probability of default, Fitch placed Pronovias on its list of market risks and concerns, making it the one with highest risk among all Spanish companies on the list. However, Pronovias is still the world’s leading bridalwear brand.

L Catterton has significant experience investing globally in apparel and digitally-native companies. Current and past investments in the space include ba&sh; Just Over The Top (JOTT); Ganni; Sandro, Maje & Claudie Pierlot; Savage X Fenty; Sweaty Betty; and ThirdLove.

VF shares have fallen 64% in the past year, giving it a market value of about $10 billion.

Bucherer CEO Guido Zumbühl stated: “This acquisition fits into our strategy to strengthen our presence in Denmark further, and to follow up on our market entry in 2016 with our first boutique at the Illum department store.”

Accor offers a wide range of options from city breaks to beach getaways, from eco-minded hotels or budget-friendly hotels to ultra-luxurious hideaways.

Chengdu SKP, owned by luxury retailer Beijing Hualian Group, is the third SKP project in China after Beijing and Xi’an.

Eric Taylor, CEO of Salon Republic, described Riata as a great fit for his company’s culture and strategies.

The workshop will be the third Louis Vuitton manufacturing facility in Tuscany and the largest in Italy entirely dedicated to making these products for Louis Vuitton.

Italian fashion designer Giorgio Armani once said, “Milan is a true metropolis: powerful, fearless, and welcoming.”