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Dolce & Gabbana Rule Out IPO as Duo Appeals Tax Evasion Charges

MILAN, Italy — Domenico Dolce and Stefano Gabbana, the Italian designers convicted of tax evasion, ruled out a public sale of a stake in their

News & Analysis

Dolce & Gabbana Rule Out IPO as Duo Appeals Tax Evasion Charges

MILAN, Italy — Domenico Dolce and Stefano Gabbana, the Italian designers convicted of tax evasion, ruled out a public sale of a stake in their


News & Analysis

Puma Second-Quarter Profit Declines More Than Analysts Estimated

HERZOGENAURACH, Germany — Puma SE, Europe's second-largest sporting goods maker, reported quarterly profit that declined more than analysts estimated

News & Analysis

Puma Second-Quarter Profit Declines More Than Analysts Estimated

HERZOGENAURACH, Germany — Puma SE, Europe's second-largest sporting goods maker, reported quarterly profit that declined more than analysts estimated


News & Analysis

Swatch Sees Strong Second Half as First-Half Profit Rises 6.1 Percent

BIEL, Switzerland — Swatch Group AG, the maker of $50 colorful namesake watches as well as $5,000 Omega timepieces, said it expects a strong second

News & Analysis

Swatch Sees Strong Second Half as First-Half Profit Rises 6.1 Percent

BIEL, Switzerland — Swatch Group AG, the maker of $50 colorful namesake watches as well as $5,000 Omega timepieces, said it expects a strong second


News & Analysis

VF Says It Dropped Pursuit of Billabong Brand as Too Expensive

GREENSBORO, United States — VF Corp., the world's largest apparel maker, dropped its pursuit of Billabong International Ltd.'s surf brand and stores

News & Analysis

VF Says It Dropped Pursuit of Billabong Brand as Too Expensive

GREENSBORO, United States — VF Corp., the world's largest apparel maker, dropped its pursuit of Billabong International Ltd.'s surf brand and stores


News & Analysis

Bidding War Erupts as Saks Shares Jump in New York

NEW YORK, United States — Saks Inc. rose as much as 19 percent after the New York Post reported Starwood Capital Group LLC had joined bidding for the

News & Analysis

Bidding War Erupts as Saks Shares Jump in New York

NEW YORK, United States — Saks Inc. rose as much as 19 percent after the New York Post reported Starwood Capital Group LLC had joined bidding for the


News & Analysis

LVMH China Watch Sales Decline Offset by Overseas Purchases

PARIS, France — LVMH Moet Hennessy Louis Vuitton SA, the world's largest luxury-goods maker, says its sales of jewelry and watches have dropped in

News & Analysis

LVMH China Watch Sales Decline Offset by Overseas Purchases

PARIS, France — LVMH Moet Hennessy Louis Vuitton SA, the world's largest luxury-goods maker, says its sales of jewelry and watches have dropped in


News & Analysis

Alibaba Gains Momentum for IPO With Profit Margin Double Apple’s

HUNGZHOU, China —Alibaba Group Holding Ltd., which accounted for about 2 percent of China's gross domestic product, is building momentum for a

News & Analysis

Alibaba Gains Momentum for IPO With Profit Margin Double Apple’s

HUNGZHOU, China —Alibaba Group Holding Ltd., which accounted for about 2 percent of China's gross domestic product, is building momentum for a


News & Analysis

Billabong to Study Rival Refinancing Deal from U.S. Debt Funds

SYDNEY, Australia — Billabong International Ltd., the surfwear company that's accepted a refinancing offer from a group led by Altamont Capital

News & Analysis

Billabong to Study Rival Refinancing Deal from U.S. Debt Funds

SYDNEY, Australia — Billabong International Ltd., the surfwear company that's accepted a refinancing offer from a group led by Altamont Capital


News & Analysis

Retail Rents in Hong Kong to Post First Decline Since 2008

HONG KONG, China — Hong Kong's retail rents will post its first annual decline since 2008 this year as mainland Chinese shoppers spend less on luxury

News & Analysis

Retail Rents in Hong Kong to Post First Decline Since 2008

HONG KONG, China — Hong Kong's retail rents will post its first annual decline since 2008 this year as mainland Chinese shoppers spend less on luxury


News & Analysis

Hermès Says Sales Growth May Top 10 Percent Goal This Year

PARIS, France — Hermès International SCA, the French maker of Kelly bags, said sales growth this year may top 10 percent after reporting revenue that

News & Analysis

Hermès Says Sales Growth May Top 10 Percent Goal This Year

PARIS, France — Hermès International SCA, the French maker of Kelly bags, said sales growth this year may top 10 percent after reporting revenue that