Louis Vuitton lures China's super-rich with custom leather "art"
Louis Vuitton is courting China's wealthy with one-of-a-kind shoes and bags it is branding as unique works of art to reclaim its exclusive cachet in the luxury market.
Luxury
Alaïa soon to open in the Golden Triangle
Alaïa confirmed the opening of a boutique next spring in the rue de Marignan in the eighth arrondissement of Paris. The space will resemble a living room, in line with the designer’s...
Jewellery retailer Chow Tai Fook falls 7 pct on weak sales
Shares of Chow Tai Fook Jewellery Group Ltd fell more than seven percent to their lowest in more than a week after the world's biggest jewellery retailer posted weaker-than-expected...
Qatar buys fashion house Valentino
A Qatari investment group has agreed to buy Italian fashion house Valentino for an undisclosed amount, private equity firm Permira said on Thursday.
China's luxury buyers pull back as economy slows
Shares of the world's largest jewelry retailer, Chow Tai Fook, tumbled nearly 8 percent to a two-week low on Thursday on weaker-than-expected sales, deepening a sector-wide stock slump as...
Burberry sales growth slows
British luxury brand Burberry posted a slight slowdown in quarterly sales growth as trading conditions worsened in its markets.
Tom Ford to open flagship store in London in 2013
The first Tom Ford flagship store in London will open in a location of more than 5,900 sq ft on Sloane Street in 2013. The deal was negotiated by CBRE and confirms the luxury industry's...
PPR’s luxury branch looks to strengthen its position in China
The Hong Kong Economic Times has quoted François-Henri Pinault as saying that PPR is in negotiations to buy a Chinese luxury company. PPR invited six Chinese journalists to Milan fashion...
Tiffany shares seen up after recent pullback
Shares in American jewelry company Tiffany could rise following a recent pullback, Barron's wrote in its July 9 edition.
Fashion house Valentino confirms in takeover talks
Italian fashion house Valentino is in exclusive talks with a potential but unnamed buyer, the company said, with Qatar's royal family believed to be interested.
Hermes family could raise stake in group
French luxury group Hermes International SCA could strengthen its defence against a hostile takeover, as the family holding company, which already owns 52 percent of the company, could...
Louis Vuitton and Yayoi Kusama: polka dots take over the world
The collaboration between Louis Vuitton and Japanese artist Yayoi Kusama will give birth to a series of pop-up shops throughout the world between July and October 2012, most notably at...
Luxury chains ride travel boom, eye new horizons
A rising class of affluent globe-trotters from China, Russia and Brazil is spurring retailers to expand their presence in high-end airports from the United States to Germany to China.
Louis Vuitton steps up jewellery push with Paris store
LVMH opened a Louis Vuitton jewellery store on Paris's Place Vendome on Monday, hoping to tap in to a fast-growing market for expensive baubles and expand the brand's image beyond leather...
Kenzo calls on Jean-Paul Goude to reconnect with its roots
The autumn-winter campaign of Kenzo, brought to life by the team of Carol Lim and Humberto Leon, is slated to run in September in the international press. Symmetric and unisex, the image...
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