Today's News

  •  

    CEO of Kering's Sergio Rossi steps down

    French group Kering said on Monday that Christophe Melard, chief executive of its luxury footware and accessories brand Sergio Rossi, has stepped down to seek new opportunities outside...

  •  

    Burberry launches My Burberry perfume

    On Tuesday, September 2, Burberry will see the worldwide launch of its new fragrance My Burberry, inspired in particular by one of the brand’s flagship pieces: the trench coat.

  •  

    Billabong reduces losses for 2013-2014

    The board sports group has posted a net loss of 166 million euros (234 million dollars), a result in large part due to restructuring. On a comparable basis, its sales increased by 1.5%...

  •  

    Riviera shows good growth in second year

    Mode City's satellite event in southern France will hold its second edition September 7–8 in Cannes. Drawing an additional 25 percent exhibitors for a total of 172 brands, Riviera has now...

  •  

    Van de Velde: earnings burdened by Intimacy

    The Belgian lingerie company Van de Velde has published its results for the first half. Despite a 10% increase in turnover, net profit was down 75% due to the depreciation of the value of...

  •  

    Guess sees the departures of two executives

    The American brand, co-founded and headed by Paul Marciano, has seen the departure of Sharleen Ernster Lazaer and Hilary Super, who were hired on a year and a half ago to oversee its...

  •  

    Coty, a decline for 2014

    For its 2014 fiscal year, Coty has recorded sales down 2.5% to 3.5 billion euros (4.6 billion dollars). However, the perfume and cosmetics manufacturer expects a return to growth next year.

  •  

    Triumph saw sales fall by 3.4% in 2013

    Triumph International saw its consolidated sales drop by nearly 10% in 2013 to almost 1.6 billion euros. At constant exchange rates, the decline was limited to 3.4%.

  •  

    Vuarnet: textile license changes hands

    Last year, Vuarnet granted the Italian company Brands & More the license to produce its apparel. Now, the clothing manufacturer has been acquired by Tricolor Sport, which has distributed...

  •  

    Guess: operating profit halved in second quarter

    The American group (Guess, Marciano...) has recorded a 5% decline in sales to 461 million euros for the three-month period ending on August 2. Its operating income was cut in half to less...

  •  

    Ferragamo H1 core profit up 9 pct

    Italy's luxury leather group Salvatore Ferragamo posted on Thursday a 9 percent rise in its first-half core profit as sales in Greater China accelerated in the second quarter and North...