*Fosun Intl moves to new insurance-based business model. A Club Med takeover would represent the most significant co-investment between Fosun and Fidelidade, the Portuguese insurance firm Fosun forked out $1.29 billion to buy in May, and advance Guo's goal of turning his Shanghai- based manufacturing and real estate-focused conglomerate into a...» Read More
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.
CARACAS, Sept 26- Venezuela's famed models and aspiring beauty queens are struggling to doll themselves up as shortages turn eye shadow and breast implants into coveted luxuries. "I exhaust myself visiting pharmacies, I look everywhere for makeup," said Ileanne Davila, a 19 year-old civil engineering student and model.
Farah left Ralph Lauren in May as executive vice chairman after serving as president and chief operating officer for nearly 14 years. Ralph Lauren's annual revenue more than tripled to $7.45 billion in 2014 from $1.95 billion in 2000 during Farah's tenure.
*Swatch Group seen posting weak H1 results this week. ZURICH, July 21- Swatch Group chief Nick Hayek has already spent months playing down the likely impact of Apple Inc's long-rumored iWatch launch, but that may not deter further questions on the issue when the Swiss watchmaker delivers results this week.
Nike reported quarterly earnings and revenue that beat analysts' expectations on Thursday.
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.
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.
Jake Bronstein says he's discovered a largely untapped vein of demand for premium, American-made men's underwear.