
The strategies always pursued by the luxury market are now outmoded and the industry needs to find new growth drivers, especially through the web, according to a survey by Exane BNP Paribas.
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The strategies always pursued by the luxury market are now outmoded and the industry needs to find new growth drivers, especially through the web, according to a survey by Exane BNP Paribas.
Britain's Burberry and U.S. firm Coach are not in active merger talks, sources familiar with the matter said on Friday, in reaction to a report that suggested a merger was being explored.
Luxury goods giant LVMH posted a forecast-beating acceleration in third-quarter sales on Monday, helped by improved trading in major markets such as China and resilient demand in the United States.
French luxury goods maker Hermes on Wednesday said it would no longer provide an annual sales growth forecast starting next year due to the increasingly uncertain trading environment.
The United States overtook Hong Kong as the No.1 market for Swiss watch exports in July as cash-strapped watch retailers in Hong Kong held back from ordering new timepieces.
Italian fashion designer Giorgio Armani said on Friday he would create a foundation in his name, for the first time shedding some light on succession plans for his fashion business.
Kering's flagship fashion brand Gucci on Thursday posted forecast-beating second-quarter organic sales growth of 7.4 percent, driven by solid demand for the brand's new looks designed by Alessandro Michele, particular...
Sales at Italian luxury group Tod's fell 3.4 percent to 498 million euros for the first half of 2016, according to the company's second quarter financial statement released today.
French luxury group Kering's flagship Gucci brand posted a lower-than-expected rise in first-quarter sales on Thursday amid a difficult environment for the luxury sector.
Italy on Wednesday became the first European country to take steps to help its fashion industry build a stronger presence in Iran following the lifting of Western sanctions.