Fayed Abuse Victims Seek Up to £150 Million From Harrods
The retailer currently has a £62 million provision set aside for redress payments, but victims’ lawyers say more is likely needed.
accessible-luxury
Luxury
Michael Kors Faces Tougher Market After Coach-Kate Spade Merger
The combination of Michael Kors' two biggest rivals is unwelcome news to the company, which is staging its own turnaround plan in an attempt to shed its image as a lower-priced brand.
Michael Kors Faces Tougher Market After Coach-Kate Spade Merger
The combination of Michael Kors' two biggest rivals is unwelcome news to the company, which is staging its own turnaround plan in an attempt to shed its image as a lower-priced brand.
Luxury
Who Is Best Placed to Buy Jimmy Choo?
Valued at £700 million, Jimmy Choo is an acquisition target that could attract bids from private equity, foreign investors or luxury conglomerates.
Who Is Best Placed to Buy Jimmy Choo?
Valued at £700 million, Jimmy Choo is an acquisition target that could attract bids from private equity, foreign investors or luxury conglomerates.
Retail
Kate Spade's Position Weakens as It Explores Sale
The New York-based handbag maker's first quarterly sales decline in almost eight years couldn’t have come at a worse time, weakening its bargaining power in an eventual sale.
Kate Spade's Position Weakens as It Explores Sale
The New York-based handbag maker's first quarterly sales decline in almost eight years couldn’t have come at a worse time, weakening its bargaining power in an eventual sale.
Luxury
Op-Ed | Kate Spade Is Dragging Its Heels on a Deal
Kate Spade's sales decline gives potential suitors such as Coach and Michael Kors even more reason not to pay a high premium to buy the $3 billion company.
Op-Ed | Kate Spade Is Dragging Its Heels on a Deal
Kate Spade's sales decline gives potential suitors such as Coach and Michael Kors even more reason not to pay a high premium to buy the $3 billion company.
Retail
Jaeger Goes Into Administration
The British fashion brand struggled in the past few years to stand out in a fiercely competitive fashion retailing market.
Jaeger Goes Into Administration
The British fashion brand struggled in the past few years to stand out in a fiercely competitive fashion retailing market.
Retail
Coach Names Joshua Schulman Brand President and CEO
In the newly created role, the former Bergdorf Goodman president will be responsible for all aspects of the brand globally, reporting to Victor Luis, CEO of Coach Inc.
Coach Names Joshua Schulman Brand President and CEO
In the newly created role, the former Bergdorf Goodman president will be responsible for all aspects of the brand globally, reporting to Victor Luis, CEO of Coach Inc.
Retail
China's Love of Parisian Chic Boosts SMCP Profits
SMCP, the group behind French fashion brands Sandro, Maje and Claudie Pierlot, is benefiting from buoyant demand among a fast-growing middle class in China, where it already has 70 stores.
China's Love of Parisian Chic Boosts SMCP Profits
SMCP, the group behind French fashion brands Sandro, Maje and Claudie Pierlot, is benefiting from buoyant demand among a fast-growing middle class in China, where it already has 70 stores.
Luxury
How Direct-to-Consumer Brands Are Disrupting the Global Eyewear Business
Brands like France’s Izipizi, South Korea’s Gentle Monster and America’s Warby Parker are shaking up the eyewear market with direct-to-consumer models.
How Direct-to-Consumer Brands Are Disrupting the Global Eyewear Business
Brands like France’s Izipizi, South Korea’s Gentle Monster and America’s Warby Parker are shaking up the eyewear market with direct-to-consumer models.
Retail
BCBG Max Azria Gets Bankruptcy Loan as Chain Plots Asset Sale
The company needs the money so it can continue selling inventory to pay creditors, who are owed $459 million, according to a court filing.
BCBG Max Azria Gets Bankruptcy Loan as Chain Plots Asset Sale
The company needs the money so it can continue selling inventory to pay creditors, who are owed $459 million, according to a court filing.
Luxury
News Bites | Calvin Klein and Moonlight, Rebekka Bay Exits Everlane and More...
In today's News Bites, Calvin Klein teams up with the Moonlight cast, Rebekka Bay exits Everlane for Marimekko and Sofia Sanchez de Betak aka Chufy launches her own line.
News Bites | Calvin Klein and Moonlight, Rebekka Bay Exits Everlane and More...
In today's News Bites, Calvin Klein teams up with the Moonlight cast, Rebekka Bay exits Everlane for Marimekko and Sofia Sanchez de Betak aka Chufy launches her own line.
Luxury
Kors vs. Coach: Which is Best Positioned to Buy Kate Spade?
Two of Kate Spade’s biggest competitors are reportedly considering buying the accessible luxury brand. Which is likely to win — and should either of them be bidding in the first place?
Kors vs. Coach: Which is Best Positioned to Buy Kate Spade?
Two of Kate Spade’s biggest competitors are reportedly considering buying the accessible luxury brand. Which is likely to win — and should either of them be bidding in the first place?
Luxury
Can Complét Pull a Mansur Gavriel?
This month, our spotlight shines on Complét, a Tel Aviv-based accessories brand with global ambitions.
Can Complét Pull a Mansur Gavriel?
This month, our spotlight shines on Complét, a Tel Aviv-based accessories brand with global ambitions.
The News in Brief
Puig Acquires Sun Care Brand Isdin
The conglomerate bought its former partner’s 50 percent share to take full ownership of the Spanish skincare label.
Hugo Boss Chairman to Step Down Amid Frasers Group Pressure
Stephan Sturm is stepping down, as the German fashion house's largest shareholder seeks to beef up its board representation alongside its takeover bid for the brand.
CFDA’s Steven Kolb Involved in Altercation with PETA Protestors
The trade body’s president physically restrained animal rights activists after they stormed a Cos runway show at New York Fashion Week.
GQ Philippines Names Danyl Geneciran Editor in Chief
The former Vogue Man Philippines editor will helm GQ’s 23rd international title, whose debut issue features covers starring Darren Criss, Jordan Clarkson and Erwan Heussaff.
Human Made Discloses $3.6 Million Undercover Purchase Price and Long-Term Financial Targets
The Tokyo-listed company will pay $3.6 million in cash for 100 percent of Undercover, with founder Jun Takahashi relinquishing corporate duties to focus solely on design.
Arizona Accuses L’Oréal of Concealing Cancer Risks Linked to Hair Relaxers
The beauty conglomerate faces over 12,000 similar lawsuits filed by individuals that have been consolidated in a Chicago federal court.
Space NK Names New CEO, Andy Lightfoot Steps Down
Chief marketing officer Emma Simpson-Scott will succeed Lightfoot, who is leaving the UK retailer after seven years at the helm.