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.
brexit
News & Analysis
EU Agrees to January 31 Brexit Extension
UK Prime Minister Boris Johnson, who had pledged to deliver Brexit on October 31, 2019, had to request a postponement after parliament down-voted his proposed timetable for ratifying his withdrawal agreement bill.
EU Agrees to January 31 Brexit Extension
UK Prime Minister Boris Johnson, who had pledged to deliver Brexit on October 31, 2019, had to request a postponement after parliament down-voted his proposed timetable for ratifying his withdrawal agreement bill.
News & Analysis
Brexit Crash Course: 4 Things Businesses Need to Know
From tariffs and duties to talent and hiring, BoF unpacks the key points UK-based companies need to know as Britain’s withdrawal from the EU takes effect.
Brexit Crash Course: 4 Things Businesses Need to Know
From tariffs and duties to talent and hiring, BoF unpacks the key points UK-based companies need to know as Britain’s withdrawal from the EU takes effect.
News & Analysis
EU Could Approve Boris Johnson’s Brexit Extension Request by Friday
The bloc's approval isn’t automatic and requires the unanimous agreement of national leaders from all 27 member states.
EU Could Approve Boris Johnson’s Brexit Extension Request by Friday
The bloc's approval isn’t automatic and requires the unanimous agreement of national leaders from all 27 member states.
News & Analysis
Boris Johnson Eyes Election After Parliament Forces Brexit Delay
Tuesday night was the first time Parliament had approved any Brexit deal, but Johnson's opponents argued that they needed more time and voted 322 to 308 against his proposed timetable for progressing the bill.
Boris Johnson Eyes Election After Parliament Forces Brexit Delay
Tuesday night was the first time Parliament had approved any Brexit deal, but Johnson's opponents argued that they needed more time and voted 322 to 308 against his proposed timetable for progressing the bill.
News & Analysis
UK Lawmakers Vote to Delay Decision on Johnson’s Brexit Deal
Without sign-off from Parliament, UK Prime Minister Boris Johnson is required by law to write to the EU by 11 pm tonight asking to delay Britain’s departure until January 31.
UK Lawmakers Vote to Delay Decision on Johnson’s Brexit Deal
Without sign-off from Parliament, UK Prime Minister Boris Johnson is required by law to write to the EU by 11 pm tonight asking to delay Britain’s departure until January 31.
News & Analysis
Deal or No Deal: What the Latest Brexit Developments Mean for Fashion
British Prime Minister Boris Johnson may have reached an agreement with the EU, but the UK’s withdrawal, and the terms on which it happens, is far from a done deal.
Deal or No Deal: What the Latest Brexit Developments Mean for Fashion
British Prime Minister Boris Johnson may have reached an agreement with the EU, but the UK’s withdrawal, and the terms on which it happens, is far from a done deal.
News & Analysis
EU and UK Reach Agreement on Brexit
Northern Ireland’s DUP said it still can’t support the deal, but Boris Johnson needs the backing of the House of Commons to deliver Brexit on October 31.
EU and UK Reach Agreement on Brexit
Northern Ireland’s DUP said it still can’t support the deal, but Boris Johnson needs the backing of the House of Commons to deliver Brexit on October 31.
Financial Markets
Geopolitical Uncertainty Plays Tug of War on Luxury Index
Riots in Hong Kong, Brexit and continued tensions between the USA and its trading partners have caused the Savigny Luxury Index to fluctuate this month.
Geopolitical Uncertainty Plays Tug of War on Luxury Index
Riots in Hong Kong, Brexit and continued tensions between the USA and its trading partners have caused the Savigny Luxury Index to fluctuate this month.
Fashion Week
In London, Fashion Takes a Break from Brexit
Leaving the European Union could have a disastrous effect. But even with the Halloween deadline for a deal looming large, the subject is decidedly out of fashion.
In London, Fashion Takes a Break from Brexit
Leaving the European Union could have a disastrous effect. But even with the Halloween deadline for a deal looming large, the subject is decidedly out of fashion.
News & Analysis
Op-Ed | We Need to Talk About Brexit
This could be the UK’s last London Fashion Week as part of the European Union, with serious consequences for the industry at home and abroad, writes British Fashion Council Chief Executive Caroline Rush.
Op-Ed | We Need to Talk About Brexit
This could be the UK’s last London Fashion Week as part of the European Union, with serious consequences for the industry at home and abroad, writes British Fashion Council Chief Executive Caroline Rush.
News & Analysis
No-Deal Brexit May Cost the British Fashion Industry $1 Billion
As fashion relies on export revenues, a global supply chain and an international talent pool, a no-deal Brexit would hamstring the UK industry, said The British Fashion Council.
No-Deal Brexit May Cost the British Fashion Industry $1 Billion
As fashion relies on export revenues, a global supply chain and an international talent pool, a no-deal Brexit would hamstring the UK industry, said The British Fashion Council.
News & Analysis
UK Retail Sales Collapse at Fastest Pace Since 2008
Until recently, consumers had largely taken Brexit in their stride, helped by wages growing at the fastest pace in more than a decade and modest inflation.
UK Retail Sales Collapse at Fastest Pace Since 2008
Until recently, consumers had largely taken Brexit in their stride, helped by wages growing at the fastest pace in more than a decade and modest inflation.
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.