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News & Analysis

Americans Exit Harrods Top 10 as Chinese Flock to London Store

LONDON, United Kingdom — The days of Americans being the biggest overseas shoppers at London's Harrods store are over.

News & Analysis

Americans Exit Harrods Top 10 as Chinese Flock to London Store

LONDON, United Kingdom — The days of Americans being the biggest overseas shoppers at London's Harrods store are over.


News & Analysis

Cavalli Rules Out Sale Amid Renewed Investor Interest in Luxury

MILAN, Italy — Cavalli Group, the Italian fashion house that dressed actress Jennifer Hudson at the Oscars, ruled out selling a stake any time soon,

News & Analysis

Cavalli Rules Out Sale Amid Renewed Investor Interest in Luxury

MILAN, Italy — Cavalli Group, the Italian fashion house that dressed actress Jennifer Hudson at the Oscars, ruled out selling a stake any time soon,


Fashion Week

Italian Luxury Goods Makers Unite to Promote Milan Fashion Week

MILAN, Italy — Prada SpA, Tod's SpA and more than a dozen Italian luxury goods makers pledged to work together to promote Milan fashion week amid

Fashion Week

Italian Luxury Goods Makers Unite to Promote Milan Fashion Week

MILAN, Italy — Prada SpA, Tod's SpA and more than a dozen Italian luxury goods makers pledged to work together to promote Milan fashion week amid


News & Analysis

Ferragamo CEO Confirms Guidance as Revenue Growth Maintains Pace

MILAN, Italy — Salvatore Ferragamo SpA's second-quarter revenue growth is in line with the first quarter's, justifying the Italian luxury-goods

News & Analysis

Ferragamo CEO Confirms Guidance as Revenue Growth Maintains Pace

MILAN, Italy — Salvatore Ferragamo SpA's second-quarter revenue growth is in line with the first quarter's, justifying the Italian luxury-goods


News & Analysis

Versace to Decide on Stake Sale by the End of 2013, CEO Says

MILAN, Italy — Gianni Versace SpA, an Italian maker of $950 flower-print jeans, expects to decide by "October or November," if it will sell a

News & Analysis

Versace to Decide on Stake Sale by the End of 2013, CEO Says

MILAN, Italy — Gianni Versace SpA, an Italian maker of $950 flower-print jeans, expects to decide by "October or November," if it will sell a


News & Analysis

Nike Names Sprunk COO as Brand Chief Denson Plans to Retire

PORTLAND, United States — Nike Inc. promoted Eric Sprunk to chief operating officer and said Charlie Denson, president of the company's flagship

News & Analysis

Nike Names Sprunk COO as Brand Chief Denson Plans to Retire

PORTLAND, United States — Nike Inc. promoted Eric Sprunk to chief operating officer and said Charlie Denson, president of the company's flagship


News & Analysis

Moncler Said to Pick Six Firms Led by Goldman Sachs, Bank of America to Run IPO

MILAN, Italy — Moncler picked six securities firms led by Bank of America Corp. and Goldman Sachs Group Inc. to manage an initial public offering as

News & Analysis

Moncler Said to Pick Six Firms Led by Goldman Sachs, Bank of America to Run IPO

MILAN, Italy — Moncler picked six securities firms led by Bank of America Corp. and Goldman Sachs Group Inc. to manage an initial public offering as


News & Analysis

H&M Wants Your Fashion Discards by Offering Discounts

STOCKHOLM, Sweeden — Hennes & Mauritz AB says it has a solution to tight cotton supplies and the piles of old garments choking landfills worldwide:

News & Analysis

H&M Wants Your Fashion Discards by Offering Discounts

STOCKHOLM, Sweeden — Hennes & Mauritz AB says it has a solution to tight cotton supplies and the piles of old garments choking landfills worldwide:


News & Analysis

H&M Second-Quarter Profit Misses Estimates on Strength of Krona

STOCKHOLM, Sweden — Hennes & Mauritz AB, Europe's second-largest clothing retailer, reported second-quarter profit that fell more than analysts

News & Analysis

H&M Second-Quarter Profit Misses Estimates on Strength of Krona

STOCKHOLM, Sweden — Hennes & Mauritz AB, Europe's second-largest clothing retailer, reported second-quarter profit that fell more than analysts


Technology

Fab.com Raises $150 Million to Value Web Retailer at $1 Billion

NEW YORK, United States — Fab.com Inc. said it raised $150 million from investors including China's Tencent Holdings Ltd., valuing the 2-year-old

Technology

Fab.com Raises $150 Million to Value Web Retailer at $1 Billion

NEW YORK, United States — Fab.com Inc. said it raised $150 million from investors including China's Tencent Holdings Ltd., valuing the 2-year-old