while it is investment year in versace.her words, she thinks capri is being fabulously optimistic investment year always a bad sign there are a lot of moving parts here, a lot of things that can go wrong and neither the kors or versace brands are in great shape at the moment. again, competition from this has gutted the segment i use -- this is the one i've been using the other one i used the one that was like toy story. that's the breaking news thing how about this one is completely -- by the way, i pressed the wrong button and music went off in a big meeting. anyway, other analysts take a much more even cold tone matthew boss, the phenomenal analyst at jp morgan explained that the company is in show me mode piper jeffray was optimistic saying they needed management but acknowledged that the michael kors brand has real problems, especially in luxury handbags and some were extremely bullish like randall konik at jefferies. he published a report titled "buy this compelling lux brand portfolio. his rationale? he was willing to

. >> backstage at the event, gaga greeted donatella versace.ys got the crowd even more fired up. ♪ >> now, you. >> and in other news, there's a new song from the late whitney houston. ♪ bring me a higher love bring me a higher love ♪ it's been seven years since we lost whitney. and this collaboration with european deejay, kygo, is the first new music from her to be released in a decade. >>> and celine dion kicks off summer with her new single. ♪ i'm flying on my own >> she sang "flying on my own" at her final performance at caesars palace earlier this month. today marks its official release. >> it's fun to have something uplifting and danceable for the summer months. have a good time. >> celine flew to paris for a vacation, but not alone. her 18-year-old son rene charles has been with her soaking up the city of light. the new single is part of an album that will drop in november. and in september, celine's heading out on her current world tour. >>> now to a ben affleck health update, and is he a belieber? >> who you think is going to win the fi

the assassination of gianni versace and american horror storer story. what made you be unafraid to tell these stories? >> in truth i didn't now if the audience would be ready for it. i think that's a large part of why it took so long to get this project off the ground, why did required someone who is a true disrupter like ryan murphy to say this story deserves to be told. >> how does it feel to be directed by janet? >> oh, my god. >> reporter: the first transwoman of color to write, direct and produce for a television series. while the series explores america's past, some argue the themes are especially present in this moment. trans rights seeming to be rolled back by the trump administration, rates of suicide and violence in the community . >> trans-gender woman who was beaten. >> the body of shanell lindsey was pulled from white rock lake. >> reporter: the murders of two trans women a reminder. >> a lot of stuff that happened in 1987 is happening today in 2019. there are a lot of individuals who are at the helm of death and violence. i think shows lik

i would have to say the green versace dress. ♪ keep it number one that's easy mathematics ♪ >> i thinke one that kind of goes down in history for me. ♪ i luh ya papi >> she told us their daughters are already calling dibs on her hall of fame looks. >> she told me i want your grammy dress with the orchid right there. and emme's like, what about that, mom, are we going to keep that? don't throw that out and yeah, they tell me all the time. >>> pretty woman put julia roberts on the map. but now she's revealing some truths about the beloved romcom starting with its original dark premise. >> the ending was really heavy. threw her out of the car. threw the money on top of her. as memory serves. and just sort of drove away leaving her in some dirty alley. >> early on, the story set in the world of street walkers was a bit of a downer. when disney bought it, the script was changed. >> i had no business being in a movie like that, really, and they changed the whole thing and it really became more something that is in my wheelhouse than what it originally was. >> julia and patricia arquette inte

i'd have to say the green versace dress.that kind of goes down in history. ♪ ♪ ♪ >> backstage, a-rod was careful to step around that train for days. she told us, they're already calling dibs on her hall of fame looks. >> they want the dress. what about that, mommy, are you going to keep that? don't throw that out. they tell me all the time. >> more with j-lo. >> it's good. it's great! >> celebrating with an epic flashback. >> that's me. a few extra pounds on. >> plus chris hemsworth breaks knew from london. >> whoa. >> the movie remake he's getting begged to do. >> i want this to happen. >> keep coming. >> right with me. >> you know it. just between us, cleaning with a mop and bucket is such a hassle. well i switched to swiffer wet jet and it's awesome. it's an all-in-one that absorbs dirt and grime deep inside. and it helps prevent streaks and haze. stop cleaning. start swiffering back then, we checked our zero times a day. times change. eyes haven't. that's why there's ocuvite. screen light... sunlight... longer hours... e

archie owner of verse wants more stash -- versace wants more stores and fast.s to open dozens of out let's each year with the goal of doubling annual sales. more than half of their existing stores are in asia, with 40 in china alone. that is your bloomberg business flash. matt: thanks very much. minutes away from the open. up next, we will take a look at your stocks to watch this morning, including norsk hydro, after the aluminum producer posts an unexpected profit. this is bloomberg. ♪ ♪ back.welcome just about six minutes to go until the start of cash trading across europe and in the u.k.. let's get your stocks to watch from across the newsroom. we are looking at sap, norsk hydro, and aviva. let's start with sap. what's the story? >> they put out their numbers last night. salesforce and the software cloud business is one where there have been concerns of slowing growth. salesforce season continuing. salesforce revenue at the top end would be a 20% rise on the full year for revenue. that's a good read. any previous concerns that the cloud is slowing down may b

here to help us get through it, tim mahoney and chris versace. chris, long time, no see.s a huge june, terrible may, great year. so we're set up for the next half of this year. what will be the drivers for the second half of this year? >> well, i don't know if it's been a great year or great month. that's the market. from an economic perspective, we have seen dramatic slowing in the economic data setting up for some concern. so what i think we're seeing in the last month is powell's dovish comments don't fight the fed, people are expecting a rate cut. the big question coming out of g20 is do we get that cut or not. charles: so here's the scenario that everybody is grappling with. if we hear really great stuff at the end of this g20 meeting, does that mean the fed puts this potential rate cut on the back burner? >> it's possible. i know the president wants rate cuts and we want a deal with china. i don't think you will get the full monte with china. i think you get partial. maybe they walk away, look, right now it would be the reduction of tear ariffs would win. i don't th

'sre than half of versace stores are in asia, with 40 in china alone.dly defaulted on a gold swap agreement with deutsche bank, prompting the lender to take hold of the precious metal used as collateral. the deal was opened in 2016 and settled early due to missed interest payments. a significant source of uncertainty for china's economy is trade, according to the international monetary fund. government stimulus measures will only partially offset the impact of u.s. tariffs. it cut its forecast for the nation's growth in 2020 to 6%. the imf also says china would benefit from more opening up and reforms that enhance competition. we spoke with the head of the imf china mission. >> if trade tensions were to escalate and the u.s. were to impose 25% tariffs on all chinese exports, growth could be significantly affected. in that situation, we think a temporary stimulus would be appropriate. that's something contained and focused on rebalancing growth sustainably. that could be a fiscal expansion, modest monetary support. you have to factor in both the negative