Bloomberg
Yoox Confirms 2013 Guidance as Mobile Boosts Third-Quarter Sales
BOLOGNA, Italy — Yoox Group, the operator of e- commerce stores for brands from Armani to Zegna, maintained its outlook for full-year revenue and
Marks & Spencer Edges Toward Revival as Clothes Sales Drop Eases
LONDON, United Kingdom — Marks & Spencer Group Plc reported the smallest decline in general-merchandise sales in more than two years, signaling that
Spain’s Richest Woman Emerges With $5.2 Billion Zara Inheritance
MADRID, Spain — The daughter of Inditex SA co-founder Amancio Ortega became Spain's richest woman after inheriting her mother's stake in the world
China Brands Follow Dior to Paris Seeking European Glitz
SHANGHAI, China — Chinese globetrotters seeking some Western pizazz for their wardrobes in the chic boutiques of Place Vendome in Paris or London's
Hugo Boss Quarterly Earnings Miss Forecasts on Drop at Wholesale
FRANKFURT, Germany — Hugo Boss AG, the German luxury clothing-maker, reported earnings that missed analysts estimates as a difficult market
Prada Signs License Deal With Coty for Miu Miu Perfume From 2015
MILAN, Italy — Prada SpA said it signed a licensing deal for Coty Inc. to create and distribute perfumes under the Miu Miu brand, expanding its
Esprit Hires Ex-Zara Executive Rafael Pastor as Product Chief
HONG KONG, China — Esprit Holdings Ltd., the Hong Kong apparel seller which lost two executives in 48 hours in June last year, has appointed Rafael
LVMH’s DFS Group Plans to Open First Europe Shop in 2016
HONG KONG, China — DFS Group, an operator of duty-free shops controlled by LVMH Moet Hennessy Louis Vuitton SA (MC), said it plans to open its first
Luxury Market Headed for Slowest Year of Growth Since 2009
PARIS, France — Worldwide luxury-goods sales will expand at the slowest pace since 2009 this year as slack Chinese consumption and the weakness of
Kering Third-Quarter Sales Trail Estimates as Gucci Disappoints
PARIS, France — Kering SA reported third-quarter revenue that trailed estimates as its Gucci luxury-goods brand posted the weakest growth in four