CVC Mulls Buying Stake in Jeweller APM Monaco From TPG
CVC Capital Partners is considering buying a stake in the fashion jeweller from private-equity firm TPG Inc., according to people familiar with the matter.
accessible-luxury
Luxury
Op-Ed | How Premium Mediocre Conquered Fashion
Brands are giving the masses the illusion that they are consuming luxury, when in reality they are doing nothing of the sort, argues Eugene Rabkin.
Op-Ed | How Premium Mediocre Conquered Fashion
Brands are giving the masses the illusion that they are consuming luxury, when in reality they are doing nothing of the sort, argues Eugene Rabkin.
China
Shandong Ruyi Has Ambitious Plans to Dethrone LVMH
The Chinese company reveals plans to target affordable luxury with LVMH as its dream competitor.
Shandong Ruyi Has Ambitious Plans to Dethrone LVMH
The Chinese company reveals plans to target affordable luxury with LVMH as its dream competitor.
Luxury
Tapestry, One Year In
Chief executive Victor Luis talks China, challenges at Stuart Weitzman and high hopes for Kate Spade New York.
Tapestry, One Year In
Chief executive Victor Luis talks China, challenges at Stuart Weitzman and high hopes for Kate Spade New York.
Luxury
Jason Wu Parts Ways with Hugo Boss
The designer's Autumn/Winter 2018 show will be his last collection for the German house, which is shifting focus away from its womenswear business.
Jason Wu Parts Ways with Hugo Boss
The designer's Autumn/Winter 2018 show will be his last collection for the German house, which is shifting focus away from its womenswear business.
Luxury
Coach Shares Sink After Kate Spade Acquisition Weakens Forecast
Coach Inc's weaker-than-expected annual forecast sent shares down by the most in four-and-a-half years. Projected earnings were hurt in part by efforts to pull Kate Spade from many department stores.
Coach Shares Sink After Kate Spade Acquisition Weakens Forecast
Coach Inc's weaker-than-expected annual forecast sent shares down by the most in four-and-a-half years. Projected earnings were hurt in part by efforts to pull Kate Spade from many department stores.
Luxury
How Ganni Reinvented Scandinavian Style
What began as a niche cashmere line has blossomed into a brand with almost $60 million in annual revenue and plans to take the quintessential Copenhagen girl global.
How Ganni Reinvented Scandinavian Style
What began as a niche cashmere line has blossomed into a brand with almost $60 million in annual revenue and plans to take the quintessential Copenhagen girl global.
Luxury
Can Anyone Really Build an American LVMH?
Both Coach Inc. and Michael Kors have signalled their ambitions to build a homegrown version of the European luxury conglomerate. Can they succeed where others have failed?
Can Anyone Really Build an American LVMH?
Both Coach Inc. and Michael Kors have signalled their ambitions to build a homegrown version of the European luxury conglomerate. Can they succeed where others have failed?
Luxury
How Bella Freud Is Sustaining Success in Her Second Act
Bella Freud's first fashion business was a victim of the 'murderous' recession. Now, as she launches a collection with J Brand, she tells Tim Blanks how her career was reactivated almost by accident.
How Bella Freud Is Sustaining Success in Her Second Act
Bella Freud's first fashion business was a victim of the 'murderous' recession. Now, as she launches a collection with J Brand, she tells Tim Blanks how her career was reactivated almost by accident.
News & Analysis
The Perennially Difficult Paradox of Accessible Luxury
"Brands like Michael Kors and Coach have long ridden a delicate line — is it sustainable?"
The Perennially Difficult Paradox of Accessible Luxury
"Brands like Michael Kors and Coach have long ridden a delicate line — is it sustainable?"
News & Analysis
Stuart Vevers on Selena Gomez as His New Campaign Girl
"For the uninitiated, Gomez is the most followed person on Instagram with 122 million followers."
Stuart Vevers on Selena Gomez as His New Campaign Girl
"For the uninitiated, Gomez is the most followed person on Instagram with 122 million followers."
Luxury
Mulberry Profit Rises 21 Percent Helped By Online Sales
The British luxury brand said it had benefitted from well received new products and increased online sales, reporting annual pretax profit of £7.5 million.
Mulberry Profit Rises 21 Percent Helped By Online Sales
The British luxury brand said it had benefitted from well received new products and increased online sales, reporting annual pretax profit of £7.5 million.
Retail
J. Crew Seeks Debt Swap Amid Declining Sales
J.Crew, which is struggling to adjust as shoppers flock to online commerce amid changing tastes, announced a debt swap on Monday, in addition to a fall in its quarterly sales.
J. Crew Seeks Debt Swap Amid Declining Sales
J.Crew, which is struggling to adjust as shoppers flock to online commerce amid changing tastes, announced a debt swap on Monday, in addition to a fall in its quarterly sales.
The News in Brief
Will Jewellery Help Shape Luxury’s Winners?
As weak appetite for handbags and geopolitical tensions weigh on fashion sales, luxury groups are leaning on high-performing jewellery to help boost growth and steady profit margins.
London’s Liberty Doubles Fabric Section as Sewing Booms
The department store has more than doubled the size of its fabrics department and will host crafting classes this autumn as social media drives a surge in activities like sewing.
US Businesses File Lawsuit Challenging New ‘Forced Labour’ Tariffs
Two small businesses, backed by the group that successfully sued over previous tariffs, say the new policy similarly exceeds the president’s authority to tax imports.
Perfume Maker Givaudan’s Sales Beat Estimates, Tariff Paybacks Weigh on Shares
Givaudan’s second-quarter organic sales came in ahead of market estimates on Thursday, but its shares fell 5 percent on litigation costs and tariff repayments.
Trump to Impose Forced Labour Duties on Friday as Temporary 10% US Tariffs Expire
The move is the White House’s latest effort to restore Trump’s campaign vision of a near-global tariff after the US Supreme Court in February struck down his ‘reciprocal’ duties.
LVMH Appoints General Manager of Fragrance
Givenchy executive Yann Musquin will lead the group’s fragrance portfolio, succeeding longtime division head Romain Spitzer.
India Changes Rule in Win for Foreign E-Commerce Companies
In a major win for Amazon, which lobbied for the change, the government will allow foreign e-commerce companies to buy products directly from Indian sellers and sell them to overseas customers.