The Bayswater and Alexa handbags maker generates over 60 percent of sales in the UK, and is now trying to increase its profile overseas, targeting affluent Asian shoppers in key tourist spots and hiking prices to take its brand more upmarket from a traditional position of "affordable luxury".» Read More
Wearing millions of dollars of diamonds, Swarovski crystals and lingerie, Victoria's Secret Angels hit the catwalk during the annual runway event.
To go behind the bra, CNBC reached out to Victoria's Secret to dig up some interesting tidbits about this year's megamillions undergarment.
Nov 6- Struggling fashion retailer Abercrombie& Fitch Co said it would expand sizes, colors and fits for all its styles next year, as it seeks to win back its teen customers. Chief Executive Mike Jeffries has stirred controversy in the past by suggesting the company's clothes were made for "cool" and "attractive" kids and not for "fat" people.
Who needs the hemline indicator, when you have Victoria's Secret's $10 million bra?
Nov 5- Michael Kors Holdings Ltd reported a higher-than-expected 40 percent jump in quarterly revenue and said it would open about 100 stores in 2014 as demand for luxury goods such as its trendy handbags and watches shows no sign of fading.
Nov 5- Michael Kors Holdings Ltd reported a better-than- expected 40 percent jump in quarterly revenue, driven by strong demand for its trendy handbags and watches.
Nov 5- Michael Kors Holdings Ltd, a maker of fashion apparel and accessories, reported a 49 percent jump in quarterly profit as sales rose in Europe and North America. The company's net income rose to $145.8 million, or 71 cents per share, in second quarter ended Sept. 28 from $97.8 million, or 49 cents per share, a year earlier.
Oct 23- Women's apparel and accessories retailer Charlotte Russe Inc, owned by private equity firm Advent International Corp, is speaking to banks about an initial public offering that may come next year, two people familiar with the matter said this week.
MILAN, Oct 11- Alitalia, the Italian national airline that has made a profit only a few times in its 67- year history, once again risks collapsing as the government scrambles to find investors willing to rescue its problem child.
Tamara Mellon, founder and creative director at Tamara Mellon, explains why private equity in fashion is "just not sustainable" and how her next venture aims to bring fashion to customers quickly.
Tamara Mellon, founder & creative director of Tamara Mellon, said that her former business partner Jimmy Choo did not have the "creative vision" to design shoes and she was forced to step in.
Topshop has announced that Kate Moss will launch a new collection with the fashion chain, three years after her last set of designs hit the stores.
Guglielmo Miani, CEO of Larusmiani, discusses the reasons why domestic consumption in Italy is dropping and Italians are going abroad for shopping.
WILMINGTON, Del., Oct 3- Two of the most important courts for resolving U.S. business disputes, Delaware's Court of Chancery and its state Supreme Court, may be on the cusp of a dramatic turnover that could affect corporate cases for years to come.
PARIS, Oct 2- Marc Jacobs, the star designer who turned Louis Vuitton from a staid luggage-maker into the world's biggest luxury brand, is leaving to take his own label public, a source close to the French company's parent, LVMH, said on Wednesday.
Star designer Marc Jacobs is leaving Louis Vuitton after 16 years with the fashion brand.
To fill a plus-size void, Rent the Runway recently debuted its first collection of evening gowns and cocktail dresses for curvier figures.
*Rosso was eying LVMH's J.W. Anderson and Kirkwood. PARIS, Sept 29- Renzo Rosso, the founder of Diesel, says competition for hot designers is now as intense as for football stars, as shown by the speed at which big luxury groups such as LVMH are investing in promising new fashion names.
The month-long global fashion frenzy is nearing its end, with the last of the big four fashion weeks held in Paris. Fashionistas descended on the French capital this week to check out what the "city of lights" had to offer.
LONDON, Sept 26- European equities edged higher on Thursday, buoyed by gains at fashion group H&M, although fresh political uncertainty in Italy hit Milan's stock market.