Puma Results Show Progress on Turnaround
The German sports brand posted a narrower loss in the second quarter as it pushed ahead with an effort to restore growth next year.
Bain and Co
Latest News & Analysis
Beauty
Bain Veteran Backs Cannabis ‘Mini-Amazon’ With CBD Beauty Fund
A former partner at Bain & Co has launched a $50 million fund focused on cosmetics and beauty products derived from hemp, a type of cannabis.
Bain Veteran Backs Cannabis ‘Mini-Amazon’ With CBD Beauty Fund
A former partner at Bain & Co has launched a $50 million fund focused on cosmetics and beauty products derived from hemp, a type of cannabis.
Luxury
Luxury Goods Sales to Grow No More Than 2 Percent This Year
Global sales of personal luxury goods will rise this year but only moderately, with higher spending in Japan and Europe compensating for flat trends in Asia and the United States, an industry report showed on Tuesday.
Luxury Goods Sales to Grow No More Than 2 Percent This Year
Global sales of personal luxury goods will rise this year but only moderately, with higher spending in Japan and Europe compensating for flat trends in Asia and the United States, an industry report showed on Tuesday.
Luxury
LVMH Revenue Growth Matches Estimates as Europe Offsets Asia
PARIS, France — LVMH Moet Hennessy Louis Vuitton SA, the world's largest luxury-goods maker, reported third-quarter revenue that met analysts'
LVMH Revenue Growth Matches Estimates as Europe Offsets Asia
PARIS, France — LVMH Moet Hennessy Louis Vuitton SA, the world's largest luxury-goods maker, reported third-quarter revenue that met analysts'
Luxury
Luxury Growth Weakest Since 2009 Amid Geopolitical Turmoil
PARIS, France — Worldwide luxury-goods sales could increase this year at the slowest pace since 2009 as spending falls for the first time in China
Luxury Growth Weakest Since 2009 Amid Geopolitical Turmoil
PARIS, France — Worldwide luxury-goods sales could increase this year at the slowest pace since 2009 as spending falls for the first time in China
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News & Analysis
Luxury Goods Market Growth to Slow in 2014
MILAN, Italy — Sales of luxury goods are expected to grow more slowly in 2014 compared with last year as weakness in China, Russia and Europe
Luxury Goods Market Growth to Slow in 2014
MILAN, Italy — Sales of luxury goods are expected to grow more slowly in 2014 compared with last year as weakness in China, Russia and Europe
News & Analysis
Luxury Growth at Risk as Shoppers Become More Diverse, Bain Says
PARIS, France — Luxury-goods makers need to better differentiate their products and the way they sell them or risk being left behind, according to
Luxury Growth at Risk as Shoppers Become More Diverse, Bain Says
PARIS, France — Luxury-goods makers need to better differentiate their products and the way they sell them or risk being left behind, according to
News & Analysis
China Shoppers Ring Luxury Tills from London to New York
SHANGHAI, China — Fang Ying's December wish list of Louis Vuitton handbags and Chanel perfume is not only for Christmas. Fang, 33, a secretary
China Shoppers Ring Luxury Tills from London to New York
SHANGHAI, China — Fang Ying's December wish list of Louis Vuitton handbags and Chanel perfume is not only for Christmas. Fang, 33, a secretary
News & Analysis
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
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
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News & Analysis
Neiman Marcus’s New Buyers Face Tough Luxury Retail Environment
NEW YORK, United States — Neiman Marcus Inc.'s new private-equity owners are buying a luxury chain that's in danger of running out of room to expand
Neiman Marcus’s New Buyers Face Tough Luxury Retail Environment
NEW YORK, United States — Neiman Marcus Inc.'s new private-equity owners are buying a luxury chain that's in danger of running out of room to expand
Technology
Chinese Shoppers Set to Become World Leaders Online
SHANGHAI, China — China's e-commerce market is expected to leapfrog that of the United States this year to become the world's largest by total
Chinese Shoppers Set to Become World Leaders Online
SHANGHAI, China — China's e-commerce market is expected to leapfrog that of the United States this year to become the world's largest by total
News & Analysis
Michael Kors Shares Pop After Bright First Quarter
NEW YORK, United States — Strong demand for Michael Kors ' luxury goods again propelled profit in its latest quarter, and the clothing, accessories
Michael Kors Shares Pop After Bright First Quarter
NEW YORK, United States — Strong demand for Michael Kors ' luxury goods again propelled profit in its latest quarter, and the clothing, accessories
Global Markets
Long Overlooked, the Flourishing Philippines
The Philippines has long been overshadowed by its larger neighbours and underestimated by international fashion brands. Now the country is reporting faster economic growth than China. BoF reports.
Long Overlooked, the Flourishing Philippines
The Philippines has long been overshadowed by its larger neighbours and underestimated by international fashion brands. Now the country is reporting faster economic growth than China. BoF reports.
The News in Brief
Dsm-Firmenich’s Fragrance-Led Core Profit Beat Sends Shares Higher
Dsm-firmenich beat market expectations for second-quarter core earnings, said full-year sales growth should reach the upper end of its target range on the back of broad-based volume growth.
Reformation Valued at $886 Million in NYSE Debut
The Permira-backed womenswear retailer and some of its shareholders had raised $211 million in its IPO on Wednesday, with shares opening at $15 apiece.
Puig Reports First-Half Revenue Growth After Estee Lauder Talks End
The Spanish beauty company reported first-half revenue growth on strong demand for makeup from Charlotte Tilbury.
Canada Goose Beats Revenue Estimates as Demand Holds Up
The outerwear brand beat expectations for first-quarter revenue, but new US tariffs on Canadian could affect future earnings.
Steven Madden Tops Expectations and Lifts Full-Year Outlook
The retailer raised its full-year revenue forecast again as its integration of luxury brand Kurt Geiger last year provided a tailwind.
Reformation and Its Backers Raise $210.9 Million in IPO
The womenswear brand and shareholders including private-equity backer Permira raised new funds in an IPO that priced shares at the bottom of the marketed range.
Adidas Shares Plunge After World Cup Spend Dents Profit
Shares in the company fell the most on record after its marketing outlay for the World Cup resulted in lower-than-expected quarterly profit.