Barbara Bui posts losses for 2012
Despite stable revenues, Barbara Bui earnings drop again for the second year in a row, this time dipping into red.
Luxury
Vera Wang scraps $500 China try-on fee, knockoffs still flourish
Vera Wang, the queen of bridal couture, is abolishing the nearly $500 fee she charged Chinese brides-to-be to try on a garment at her new Shanghai bridal boutique after the move, meant to...
Printemps sale to Qatari investors seen moving ahead
The sale of French department store Printemps to Qatari investors could be a done deal by as early as this summer as the timetable for presenting the deal to its staff is now set, people...
Louis Vuitton hiked prices on non-leather goods
Louis Vuitton, the world's biggest luxury brand by sales, has put up the prices of its non-leather handbags in most markets since the beginning of the year, broker HSBC said in a note...
Roberto Cavalli renews licensing agreement for Class
The company has announced that it will be renewing its licensing deal with Italian textile company Dressing, for the design, productions and distribution of its 'Class' line.
Sergio Rossi focuses on development
After the departure of creative director Francesco Russo in February, the Italian company has reinforced the roles of Susanna Nicoletti by promoting her to chief marketing officer and...
Tiffany sees Asia fueling bigger sales gains this year
Tiffany & Co said on Friday that the pace of its worldwide sales growth would pick up again this year, with Asia leading the increases, and its shares rose 4 percent.
Thom Browne opens shop in Tokyo
The American designer has just opened his first Japanese flagship in Tokyo’s Aoyama district, designed by Masachimi Katayama (Wonderwall).
Mulberry warns on year profit
British luxury brand Mulberry issued a second profit warning in six months on Friday, partly blaming reduced tourist spending in London stores for weaker than expected post-Christmas sales.
Hermès posts highest ever operating margin
Luxury fashion group Hermès, known for silk scarves and handbags, reported on Thursday a record profit for 2012, confirming a stellar performance for France's luxury industry as a whole...
Tod’s has big plans for 2013
The luxury Italian group will invest 15 million euros in the construction of a new factory and has announced the opening of 20 new stores in 2013, most of which will be in China. Tod's...
Richemont shares tumble after 7 million share placement
Shares in luxury goods group Richemont, the maker of Cartier watches, slid more than 3 percent on Tuesday after an institutional investor placed around 7 million shares.
China's Bosideng says London store a success, eyes New York
Chinese clothing giant Bosideng's first foreign store in London may not be profitable in the near term, but the company says it is already ramping up plans to open another in New York.
Hermes battle to fend off LVMH gets fresh legal boost
An investigating magistrate has been named to probe the conditions surrounding the stake that luxury group LVMH has built in smaller rival Hermes , a judicial source said on Thursday.
Tod's raises dividend on international growth
Italian luxury goods maker Tod's raised its dividend to 2.70 euros per share after 2012 net profit rose 7.8 percent to 145.5 million euros, driven by growing sales of its leather bags and...
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