Shares in Switzerland's Richemont surged on Tuesday, October 21st as markets welcomed the group's first trading day as a pure luxury play following the spin off of its stake in British American Tobacco.
Richemont , the world's second-largest luxury goods maker after LVMH LVMH.PS, will seek growth in China's interior while strengthening its presence on the country's affluent east coast, its Asia chief executive said o...
During a recent trip to her expensive Hong Kong hairdresser, luxury brand consultant Radha Chadha asked her stylist if recent turmoil in the world's stock markets had affected business."I am now offering people shorte...
The emerging markets miracle will not be enough to prevent 2008 from being the year the Swiss watchmaking industry will suffer its first significant slowdown in half a decade. And 2009 is not looking any better.
Marks & Spencer will open its first store in mainland China on Oct. 2, the same day as a keenly-awaited trading update, in the latest move by an international retailer into the world's most populous country.
German fashion house Escada lowered its full-year outlook for the third time this year and reported on Tuesday, September 23th a steep drop in third-quarter core profit, citing difficult market conditions.
Fashion label Tommy Hilfiger is trading strongly despite worries over a consumer downturn, but believes financial market turmoil will eventually spill over to affect spending on upmarket brands, its chief executive said.