Sept 29- Perfume and cosmetics maker Coty Inc said Chief Executive Michele Scannavini had stepped down for personal reasons, sending the company's shares down as much as 3 percent.» Read More
Nike reported quarterly earnings and revenue that beat analysts' expectations on Thursday.
PARIS, May 23- The $31 billion- a-year perfume industry is bracing itself for tighter EU regulations to be adopted by the end of the year that will include ingredient bans and labelling requirements aimed at protecting consumers from allergies.
Just when you thought the pampered pet craze had gone too far, a luxury company has just come up with a new badge of excess: The pawbag.
May 22- Balenciaga, the Paris fashion house, has sued Steven Madden Ltd, accusing the footwear and accessories maker of trademark violations by copying the styling of its best-known handbag, known as a "motorcycle bag."
U.S. cosmetics company Elizabeth Arden Inc said it is evaluating strategic alternatives, sending its shares down 16 percent after the bell.
May 2- Estee Lauder Cos Inc, known for its Clinique and MAC brands, raised its earnings forecast for the full year, driven by the launch of new skin care and makeup products. Estee Lauder said it expects global prestige beauty, to which the company belongs, to grow about 3 to 4 percent in 2014..
BASEL, Switzerland, April 6- A recent advert from luxury watchmaker Omega shows a large, technologically-advanced timepiece. These customers' interest has waned little despite economic fluctuations- though the recent financial crisis hurt sales, it was followed by a stronger rebound that was driven by demand in China.
Lululemon Athletica forecast lower-than-expected current-quarter results, after posting a profit that was almost unchanged from a year earlier.
Tiffany reported a loss in the fourth quarter, due primarily to losing an arbitration ruling involving The Swatch Group.
Nike reported third-quarter earnings of 76 cents per share on revenue of $6.97 billion, outpacing Street estimates.
Allegra Perry, managing director at Cantor Fitzgerald, says currency movements have had a negative effect on luxury brands' earnings.
Chanel has acquired its long-time lamb hide provider in the latest purchase by a luxury brand of a partner that supplies top quality materials.
CNBC's Hadley Gamble takes a tour through Abu Dhabi's luxury goods market as high end brands open stores in the emirate.
Andrew Keith, President of Lane Crawford describes how the luxury firm is enjoying strong demand from Chinese customers.
Sara Blakely, Spanx founder & inventor, shares her story of how she founded her multi-billion dollar business.
Spanx founder and inventor Sara Blakely shares that she started her multibillion-dollar business by cutting the feet out of control-top pantyhose. She was selling fax machines when she came up with the idea for Spanx. Blakely is the reason you have to be bullish on America, says Warren Buffett.
It's not your imagination. That shirt you recently bought is wearing out faster than others you purchased years ago. It's all part of cost cutting.
Pastels, cutouts and florals ruled the runway as Fashion Week kicked off in New York, showcasing the latest looks for the spring 2014 season.
Toby Iles, Economist at The Economist Intelligence Unit says a boost in household income will drive growth in Asia's luxury market. Richard Martin, Managing Director at IMA Asia joins in the discussion.
Li & Fung has long been on the cutting edge of globalization, chasing cheap labor to garment factories first in China, then elsewhere in Asia, including Bangladesh.