Luxury Perfume Line Roja London Acquired by Extravaganza Beauty
Master perfumer and founder Roja Dove will remain with the brand in a new consultancy role.
Tax
Latest News & Analysis
Financial Markets
Frasers Group Settles Belgian Tax Case
The sportswear retailer has agreed on 73 percent of a query over value added tax of €674 million.
Frasers Group Settles Belgian Tax Case
The sportswear retailer has agreed on 73 percent of a query over value added tax of €674 million.
Luxury
France Hits Back at Trump's Tariffs
The country's Finance Minister Bruno Le Maire says France is ready to go to the World Trade Organisation to challenge the US President's luxury goods tariffs.
France Hits Back at Trump's Tariffs
The country's Finance Minister Bruno Le Maire says France is ready to go to the World Trade Organisation to challenge the US President's luxury goods tariffs.
Financial Markets
Nike and Under Armour Urge Trump to Remove Footwear From Tariff List
The additional tariff of 25 percent on Chinese goods may add $7 billion in additional costs for US customers every year, the The Footwear Distributors & Retailers of America says.
Nike and Under Armour Urge Trump to Remove Footwear From Tariff List
The additional tariff of 25 percent on Chinese goods may add $7 billion in additional costs for US customers every year, the The Footwear Distributors & Retailers of America says.
News & Analysis
Retailers, Already Planning for the 2019 Holidays, Expected to Get Whacked by Tariffs
"The hike will also cost the average American family of four $767, according to a report by the Trade Partnership."
Retailers, Already Planning for the 2019 Holidays, Expected to Get Whacked by Tariffs
"The hike will also cost the average American family of four $767, according to a report by the Trade Partnership."
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Financial Markets
Kering to Pay €1.25 Billion Tax Settlement
The settlement with the Italian revenue agency relating to Gucci and Swiss subsidiary Luxury Goods International SA requires the French group to pay €897 million in additional taxes, along with further payment for penalties and interest, for a total of €1.25 billion.
Kering to Pay €1.25 Billion Tax Settlement
The settlement with the Italian revenue agency relating to Gucci and Swiss subsidiary Luxury Goods International SA requires the French group to pay €897 million in additional taxes, along with further payment for penalties and interest, for a total of €1.25 billion.
Luxury
Report: Kering Close to Settling Italian Tax Case for €1.3-1.4 Billion
This would be the biggest tax settlement ever agreed by a company with the Italian tax authorities.
Report: Kering Close to Settling Italian Tax Case for €1.3-1.4 Billion
This would be the biggest tax settlement ever agreed by a company with the Italian tax authorities.
Luxury
Why Fashion’s Giant Notre-Dame Pledges Are Good for Business
Both LVMH and Kering stand to benefit from their donations to save Notre-Dame, though a political backdrop of populism has raised the risk of a backlash.
Why Fashion’s Giant Notre-Dame Pledges Are Good for Business
Both LVMH and Kering stand to benefit from their donations to save Notre-Dame, though a political backdrop of populism has raised the risk of a backlash.
Luxury
LVMH and Arnault Will Not Get Tax Breaks From Notre-Dame Donations
The outpouring of donations following the fire on Monday has prompted questions from charities, politicians and commentators about benefits from tax deductions.
LVMH and Arnault Will Not Get Tax Breaks From Notre-Dame Donations
The outpouring of donations following the fire on Monday has prompted questions from charities, politicians and commentators about benefits from tax deductions.
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Retail
Apple, Louis Vuitton, Gucci Drop China Prices for VAT Cuts
Luxury brands lowered product prices in China as a cut in the country's VAT rate came into effect on April 1.
Apple, Louis Vuitton, Gucci Drop China Prices for VAT Cuts
Luxury brands lowered product prices in China as a cut in the country's VAT rate came into effect on April 1.
Financial Markets
Kering’s €1.4 Billion Tax Bill, Explained
The French luxury giant is facing a possible €1.4 billion tax bill in Italy after accounting practices linked to a Swiss subsidiary attracted scrutiny.
Kering’s €1.4 Billion Tax Bill, Explained
The French luxury giant is facing a possible €1.4 billion tax bill in Italy after accounting practices linked to a Swiss subsidiary attracted scrutiny.
Financial Markets
Kering Faces €1.4 Billion Italian Tax Claim
Some business carried out by Kering employees in locations including Milan and Paris was billed through a Swiss unit, incurring lower tax rates, according to reports.
Kering Faces €1.4 Billion Italian Tax Claim
Some business carried out by Kering employees in locations including Milan and Paris was billed through a Swiss unit, incurring lower tax rates, according to reports.
Financial Markets
Nike's Dutch Tax Deals Probed by EU in Latest Fiscal Crackdown
The probe will weigh tax rulings that calculated Nike's royalty payments for intellectual property use in the EMEA region.
Nike's Dutch Tax Deals Probed by EU in Latest Fiscal Crackdown
The probe will weigh tax rulings that calculated Nike's royalty payments for intellectual property use in the EMEA region.
The News in Brief
UK Retail Sales Bounce Back With 0.5% Gain in August
Warm weather and a brighter national mood helped lift spending on clothing and household goods despite rising energy bills.
EssilorLuxottica Gets Rare Sell Call Amid Stock Slump, AI Glasses Concerns
Shares in the eyewear giant, one of Europe's best-rated blue chips, have dropped 55 percent since November, while concerns are mounting over slowing growth and privacy issues for its AI glasses with Meta.
Olaplex Names New CEO
Christoph Kaul will succeed Amanda Baldwin, who led the hair care label through its acquisition by Henkel earlier this year.
Perelel Expands C-Suite, Tapping Rare Beauty’s CMO
Known for its prenatal vitamins, the wellness label has hired Rare Beauty's Ashley Murphy as its chief marketing officer, while Anjelika Temple moves into the chief creative officer role.
Swiss Watch Exports Grow for Fourth Month, Overcoming US Slump
Exports in August were buoyed by China and Japan, despite a sharp decline in shipments to the US.
Alexandre Arnault Joins Nike’s Board of Directors
The LVMH executive joins Nike’s board as the sportswear giant prepares to be removed from the S&P 100 index after nearly two decades.
Matthieu Blazy, Sarah Burton, Haider Ackermann Among Nominees for BFC Designer of the Year
The Fashion Awards ceremony, set for Nov. 30, will also recognise the BFC’s second Vanguard award recipient, recognising emerging British design talent.