The New York-based fragrance company announced its financial guidance for fiscal 2021 on Tuesday, revealing hopes for a 49.1% year-over-year increase in diluted earnings per share after a difficult 2020.
Designed to provide more equal access at some of the world’s top creative institutions, the project involves partnerships with Central Saint Martins, the Parsons School of Design and Institut Français de la Mode.
When many women finally get their wish post-Covid to spend half their lives in the charm of the countryside with all sorts of witty and stylish pals, Anna Sui’s latest collection is what many of them will be wearing.
The perfume maker has announced a 46.8% decline in Q1 net income, due to hefty sales declines in the Middle East and Asia early in the quarter, followed by decreases in other markets as the coronavirus pandemic evolved.
The perfume maker announced on Wednesday that its sales dropped 18.7% in the first quarter, with Coach and Guess-branded fragrances helping to offset some of the negative impact of the ongoing Covid-19 pandemic.