Shoe maker Steven Madden Ltd posted a second-quarter results that topped market estimates, helped by strong sales increases in its Madden Girl and Daniel M. Friedman brands, and backed its 2008 outlook, sending its shares up about 7 percent.
Athletic-shoes maker K-Swiss Inc reported a more than three-fold rise in quarterly profit, helped by a gain from the settlement of a lawsuit, but said it could post a loss in the third quarter and forecast weak sales for the period.
The private art collection of French fashion designer Yves Saint Laurent and his partner, Pierre Berge, has been put up for auction and will be sold in February 2009, auction house Christie's said on Wednesday.
French luxury group Hermes International on Tuesday posted a 12.8 percent rise in first-half sales, pulled by strong demand for its trademark silks, handbags and perfumes. The 171-year-old company generated revenues of 813.2 million euros.
EBay Inc scored a major legal victory on Monday when a federal judge absolved it of taking more steps to police fake Tiffany jewellery sold on its website and held that brand owners are ultimately responsible for protecting their own trademarks.