The fashion house’s home market remains a challenge.
Net-a-Porter, MatchesFashion and other e-commerce players are courting the 1 percent with private dinners, personal shoppers and couture.
There is little doubt that the two French leaders in luxury fashion are becoming more powerful.
Kering shares were down 5.9 percent at 473.40 euros as traders said sales growth at Kering's Gucci brand had come in a bit weaker than forecast.
Lower-end brands such as Maybelline fell short of estimates.
Its recurring operating income rose 53 percent year-on-year to 1.77 billion euros with Gucci keeping up its momentum as sales at the fashion label rose by 40.1 percent.
Shares rose to hover near record highs.
This Monday, everyone will be talking about LVMH and Kering's upcoming financial results, the Swiss watch industry's rebound and new documentaries about Alexander McQueen and Kevyn Aucoin. Read our Cheat Sheet.
The leather goods maker posted solid second quarter sales that augured well for the rest of the luxury sector.
Luxury brands have long insisted that selling products second-hand weakens brand value and encourages counterfeiting. But getting into the game may be worth the associated risk.
According to the report, Inditex, H&M, Fast Retailing and Benetton are among the big fashion companies leading the way in hazardous chemical management.
After a series of strategic missteps, Prada is finding its footing, writes Luca Solca.
The Italian label has continued to enjoy solid growth in China, defying a wider downturn in demand for European luxury. The June 11 presentation of its summer collection will be the latest in a series of travelling shows.
Whereas Rolex is both a buyer and seller of its second-hand watches through official retail partners, Audemars is setting up a marketplace where sellers set prices.
The recovery long promised by luxury brands seems nowhere in sight, as the expansion of war in the Middle East, along with China’s tax crackdown on the wealthy, piled further pressure on the world’s biggest luxury conglomerates in the third quarter, and executives buckled in for a tough winter.
The French leather goods powerhouse reported no sales growth in Asia-Pacific excluding Japan, its biggest market, last quarter.
Performance was weighed down by the core Moncler brand, known for its puffer jackets, which posted a 1 percent decline in revenue during the quarter.
The Indian brand will hold a special event at the Florence show.
The Lii designer took home the top award after winning the Karl Lagerfeld prize at the LVMH Prize earlier this year.
Total shipments rose 2.7 percent to $23.6 billion in the first nine months of the year, the Federation of the Swiss Watch Industry said Tuesday.