Daily LInks
1. Vuori’s Valuation Reaches $5.5 Billion After Latest Investment. Athleisure brand Vuori has secured an $825 million investment led by General Atlantic and Stripes, elevating its valuation to $5.5 billion and bolstering the company’s expansion as it challenges market leader Lululemon. – Read More on Outdoor Retailer
2. Moncler Not in Talks for Burberry Takeover, Sources Say. Recent reports indicate that Italian luxury brand Moncler is not engaged in discussions to acquire British heritage brand Burberry, countering earlier speculation about a potential merger. – Read More on Fashion United
3. Parent Company Reports Revenue Growth in Q2. Capri Holdings, the parent company of Versace, announced a 16.4% year-over-year revenue increase in the second quarter of the 2025 fiscal year, reaching $1.08 billion. This growth reflects strong demand for luxury apparel and accessories. – Read More on Jing Daily
4. TikTok, Temu and Shein Poised to Dominate Holiday Sales. Platforms like TikTok, along with retailers Temu and Shein, are expected to significantly influence holiday shopping trends, leveraging their digital presence and consumer engagement strategies to capture market share. – Read More on Forbes
5. Cartier and Van Cleef & Arpels Continue to Shine. Luxury conglomerate Richemont reported that its jewelry brands, including Cartier and Van Cleef & Arpels, have maintained strong performance, contributing positively to the company’s financial results amid a challenging market environment. – Read More on National Jeweler
