The combined revenue of Tapestry and Capri Holdings stands at approximately $12 billion, spread across more than 75 countries. The proposed deal is expected to result in around $200 million in cost synergies within a three-year period. As per reports, on the day of the announcement, Capri’s stock price surged from $19.35 to $53.96, whereas Tapestry’s shares experienced a 12 percent decline, falling to $36.38. Shareholders of Capri Holdings are set to receive $57 per share in cash.

Both companies’ executives have indicated that the acquisition will bolster Tapestry’s competitive position against fashion giants like Kering and LVMH Moët Hennessy Louis Vuitton. Upon the successful completion of the merger, Tapestry will become the fourth-largest luxury company globally and the second-largest in North America, following LVMH.

Caruso, the company that owns the Americana at Brand Mall in Glendale, California, where the Yves Saint Laurent store was robbed, has announced a reward of $50,000 for information that leads to the identification and apprehension of those responsible for the robbery. This reward is an effort to encourage individuals to come forward with any information that could help law enforcement in their investigation and ultimately lead to the arrest of the suspects involved in the incident.

Scheduled for release on August 3rd, this collaborative sneaker showcases a black canvas upper, adorned with a Yin-Yang symbol and corresponding text on the toe box. Additionally, Miller’s name and birth year are prominently displayed across the vulcanized midsole, while Vans’ recognizable red patch is situated on the heel.

The Mac Miller x Vans Authentic collaboration holds a philanthropic purpose, as a portion of the proceeds from each sale will support the Mac Miller Fund. This nonprofit organization is dedicated to offering diverse programming, resources, and opportunities to underprivileged youth, enabling them to unlock their full potential.

This exclusive sneaker collaboration will be available for purchase starting August 3rd, exclusively through shop.macmillerswebsite.com. It serves as a meaningful way for fans to honor Mac Miller’s legacy while contributing to a cause that aligns with his charitable endeavors.

The ring is described as a 14-karat yellow gold piece, featuring five carats of diamonds and cabochon rubies, all arranged in a crown shape. The inscription “Pac & Dada, 1996” adds a personal touch and historical context to the item, signifying Tupac’s connection to Dada (Yaasmyn Fula) in that year.

As a fellow artist and admirer of Tupac’s legacy, Drake’s acquisition of the crown ring further cements the late rapper’s iconic status and underlines the continued interest and reverence for his contributions to music and culture. The ring’s purchase showcases Drake’s appreciation for hip-hop history and his willingness to invest in preserving important artifacts from the genre’s past.

The size 10.5 version of the Apple Computer sneaker from the 1990s is currently listed at Sotheby’s for an astonishing $50,000. Manufactured by Omega Sports, the sneakers boast a straightforward white-based leather upper with distinctive rainbow-colored “Apple” branding on the midfoot and embroidered on the tongue tags. An intriguing design feature is a cutout on the heel of the midsole, which reveals the cushioning unit, adding a unique touch to the shoes. The design is completed with a rubber outsole that wraps around the bottom. The rarity and historical significance of these sneakers contribute to their substantial price, making them a highly coveted collector’s item for enthusiasts of Apple memorabilia and sneaker culture alike.

The images of the Barbie-esque Nike Dunk Low were shared on Twitter by @Brandon1an. While this sneaker design is not an official collaboration with the movie or Mattel Inc., it showcases details that seem to be inspired by Barbie. The shoes feature star designs on the mid panels and a bejeweled “N” lace lock, resembling the iconic Barbie font. This clever and playful design makes the Nike Dunk Low a potential must-have for both sneaker enthusiasts and fans of the upcoming Barbie movie.

The leaked images of the upcoming Nike Dunk Low reveal a predominantly pink color scheme covering the suede and leather upper, which adds to the Barbie-inspired aesthetic. Sail accents can be seen on the shoelaces and midsole, providing subtle contrast to the vibrant pink. The tongue features a special Nike logo, and the outsole is adorned with a speckled pink design, adding a unique touch to the overall look of the shoe. This attention to detail and the use of the signature Barbie color make the Dunk Low a standout piece for sneaker enthusiasts and fans of the movie alike.

Alan began his journey by creating clothes for himself because he was dissatisfied with wearing old hand-me-down clothing. Drawing inspiration from New York City culture and streetwear, Alan decided to infuse his designs with elements from urban style and a focus on delivering luxury elements to his works. His burning desire to pursue fashion ultimately led to Alan making the decision to drop out of college and officially launch his brand, AKINGS, in 2015. This move would prove to be vital for the young creative as he pushed to establish the platform he has today by showcasing his vision for the fashion industry.

King’s unique designs and innovative cuts of denim are ultimately what put the 26-year-old on the map. Inspired by New York City life, each pair of denim crafted by the AKINGS brand is designed to be reliable and withstand the test of time, accompanying individuals on their daily journeys. A significant innovation in the brand’s denim collections was the introduction of the J-shape cut. King envisioned creating jeans that would stack from the knee down. By curving both legs inward, resembling two Js, he achieved a unique silhouette where the jeans naturally stack at the legs. This innovation added a distinct aesthetic to the denim offerings.

As AKINGS experiences continued growth and success, the brand is actively seeking collaborations and partnerships with emerging creatives who share their core values. By aligning with like-minded individuals and organizations, AKINGS aims to foster mutual support and uphold the principles that have contributed to its current standing. King’s clothing has been worn by popular figures in entertainment such as Lil Baby, Kyle Kuzma, Steve Aoki, Tyga, Lil Nas X, and Jay Critch amongst many others.

SKIMS has enlisted notable personalities such as Ice Spice, PinkPantheress, Carmen Electra, and SZA as stars for their campaigns. The brand, co-founded by Kim Kardashian and Jens Grede in 2019, has seen significant growth. A representative from SKIMS has stated that the brand is expected to achieve net sales of $750 million this year, indicating substantial revenue growth compared to the previous year when it was under $500 million. The increased sales reflect the brand’s success and growing popularity in the market.

Shein’s alleged widespread and systematic infringement of copyrighted materials, such as designs and patterns owned by other individuals or companies. By invoking RICO, the plaintiffs are suggesting that Shein’s alleged actions resemble a criminal enterprise rather than mere copyright infringement.

According to the lawsuit, Shein allegedly employs a complex corporate structure to facilitate its large-scale production of up to 6,000 new items per day. The plaintiffs argue that this intricate setup allows Shein to engage in a coordinated and illegal operation that involves ripping off designers. They propose that RICO statutes are the most suitable legal framework to combat such activities. It’s important to note that the lawsuit and its claims have not been proven in court, and Shein will have the opportunity to present its defense against the allegations. The case will unfold through the legal process, determining the merits of the claims and the potential impact on Shein’s practices and reputation.