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.
eyewear
News & Analysis
Blake Mycoskie on 10 Years of Toms
Blake Mycoskie, who founded one-for-one shoe company Toms in his California apartment, on the company's critics and 'chaotic' early days.
Blake Mycoskie on 10 Years of Toms
Blake Mycoskie, who founded one-for-one shoe company Toms in his California apartment, on the company's critics and 'chaotic' early days.
News & Analysis
Thai Police Seize Almost 900,000 Counterfeit Sunglasses
Police in Thailand say they have seized almost 900,000 counterfeit brand-name sunglasses at a warehouse where they also arrested two Chinese nationals accused of making the products.
Thai Police Seize Almost 900,000 Counterfeit Sunglasses
Police in Thailand say they have seized almost 900,000 counterfeit brand-name sunglasses at a warehouse where they also arrested two Chinese nationals accused of making the products.
Financial Markets
Luxottica Falls in Milan After Lowering Earnings Growth Outlook
Luxottica Group SpA fell in Milan after it curbed its earnings growth outlook as it invests more than $1.6 billion to revitalize and expand its business.
Luxottica Falls in Milan After Lowering Earnings Growth Outlook
Luxottica Group SpA fell in Milan after it curbed its earnings growth outlook as it invests more than $1.6 billion to revitalize and expand its business.
Financial Markets
Luxottica Earmarks More Than $1.6 Billion to Speed Up Expansion
Luxottica Group SpA will seek to accelerate growth by investing more than $1.63 billion over the next three years after sales and earnings reached record levels in 2015.
Luxottica Earmarks More Than $1.6 Billion to Speed Up Expansion
Luxottica Group SpA will seek to accelerate growth by investing more than $1.63 billion over the next three years after sales and earnings reached record levels in 2015.
News & Analysis
Swatch to Add Sunglasses With Safilo as Swiss Watch Demand Ebbs
Swatch Group AG will introduce sunglasses under its namesake brand this year under a five-year alliance with Safilo Group SpA.
Swatch to Add Sunglasses With Safilo as Swiss Watch Demand Ebbs
Swatch Group AG will introduce sunglasses under its namesake brand this year under a five-year alliance with Safilo Group SpA.
Financial Markets
Luxottica Posts Record Q2 Earnings, Confirms Guidance
Luxottica Group SpA, the world’s largest eyewear maker, reported record second-quarter revenue and earnings, boosted by growth in emerging markets.
Luxottica Posts Record Q2 Earnings, Confirms Guidance
Luxottica Group SpA, the world’s largest eyewear maker, reported record second-quarter revenue and earnings, boosted by growth in emerging markets.
News & Analysis
Sunglasses Shape Up
Just like in handbags, leaders in the luxury sunglasses market are moving away from logos and embracing the power of unique shapes.
Sunglasses Shape Up
Just like in handbags, leaders in the luxury sunglasses market are moving away from logos and embracing the power of unique shapes.
News & Analysis
Vuarnet’s Shades Cover Bond’s Baby Blues as Brand Eyes Revival
French eyewear company Vuarnet didn’t pay for the product placement, yet its appearance in the latest James Bond film “Spectre” comes at an opportune time, just as it reissues the vintage Glacier shades worn by Craig at a price of $600 a pair.
Vuarnet’s Shades Cover Bond’s Baby Blues as Brand Eyes Revival
French eyewear company Vuarnet didn’t pay for the product placement, yet its appearance in the latest James Bond film “Spectre” comes at an opportune time, just as it reissues the vintage Glacier shades worn by Craig at a price of $600 a pair.
News & Analysis
Swatch Plans to Start Selling Sunglasses to Boost Product Lineup
Swatch Group plans to start selling sunglasses under its namesake brand as soon as this year, a diversification from its main business of Swiss watches as that industry faces one of its most challenging years.
Swatch Plans to Start Selling Sunglasses to Boost Product Lineup
Swatch Group plans to start selling sunglasses under its namesake brand as soon as this year, a diversification from its main business of Swiss watches as that industry faces one of its most challenging years.
News & Analysis
A Closer Look at the $13 Billion Premium Eyewear Market
Kering’s decision to take its eyewear business in house was dubbed an “eyewear revolution,” but what does it mean for the giants that dominate the market?
A Closer Look at the $13 Billion Premium Eyewear Market
Kering’s decision to take its eyewear business in house was dubbed an “eyewear revolution,” but what does it mean for the giants that dominate the market?
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.