[vc_row][vc_column][vc_column_text] Hugo Boss said the renovation of several major stores should revive sales growth after the German fashion house reported a drop in first-quarter earnings due to reorganization costs, higher marketing spending
[vc_row][vc_column][vc_column_text] Estee Lauder Cos Inc’s quarterly sales topped Wall Street estimates on Wednesday, powered by high demand for luxury skincare brands including La Mer and strength in its Asia Pacific business.
[vc_row][vc_column][vc_column_text] Struggling French fashion house Sonia Rykiel has been placed into receivership, or the French equivalent of Chapter 11 bankruptcy protection in the United States.
[vc_row][vc_column][vc_column_text] Access to a quick and simple confirmation that a product is authentic will soon be the new normal in luxury thanks to LVMH and blockchain technology, according to a new report
[vc_row][vc_column][vc_column_text] China is set to be the engine of global luxury spending, with young consumers powering the strong growth, according to a report released Friday by global consultancy McKinsey & Company.
[vc_row][vc_column][vc_column_text] French luxury group Kering is close to agreeing to pay between 1.3 billion and 1.4 billion euros ($1.5-1.6 billion) to settle a dispute with Italian authorities over unpaid taxes by its
[vc_row][vc_column][vc_column_text] Hermes, the French leather goods manufacturer behind the $10,000 plus Birkin and Kelly handbags, said on Thursday that strong demand in mainland China helped its sales grow at a faster pace
[vc_row][vc_column][vc_column_text] French spirits company Remy Cointreau expressed confidence over its growth prospects in China, where robust demand for its premium cognac underpinned annual sales growth.
Revenues at Valentino, owned by Qatari investment vehicle Mayhoola, grew at a slower pace last year compared to 2017, the Italian fashion group’s chief executive Stefano Sassi said.
French luxury goods conglomerate Kering on Wednesday posted slightly higher-than-expected revenue growth in the first quarter, fuelled by its star brand Gucci.