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Apparel Accessories and Luxury Goods

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  • Jimmy Choo IPO values company at $877M Friday, 17 Oct 2014 | 2:01 AM ET

    Jimmy Choo, the luxury shoemaker, has raised 140p per share in an IPO on the London Stock Exchange valuing it at £545.6 million ($877 million).

  • Philippa Malmgren, founder of DRPM Group, says investors are still concerned about the luxury slowdown in China as Jimmy Choo - known for its high-end shoes - sets its IPO price at 140 pence ($2.25) a share.

  • *COO Mark Light to succeed Michael Barnes from Oct. 31. Oct 14- Signet Jewelers Ltd said Chief Executive Michael Barnes resigned to be closer to his family, becoming the second top executive in three months to leave as the company digests its acquisition of Zale Corp, its largest deal so far. The parent of Kay Jewelers said Chief Operating Officer Mark Light would...

  • UPDATE 1-Signet Jewelers CEO Michael Barnes resigns Tuesday, 14 Oct 2014 | 9:23 AM ET

    Oct 14- UK- based Signet Jewelers Ltd said Chief Executive Michael Barnes resigned to be closer to his family in the United States, becoming the second top executive in three months to leave for the same reason. The parent of Kay Jewelers said Chief Operating Officer Mark Light would succeed Barnes, effective Oct. 31. The deal, which closed in May, combined the two...

  • Signet Jewelers CEO Michael Barnes resigns Tuesday, 14 Oct 2014 | 8:18 AM ET

    Oct 14- Signet Jewelers Ltd, the largest U.S. specialty jeweler, said Chief Executive Michael Barnes had resigned, effective Oct. 31.

  • What's shining at Rio Tinto's diamond tender     Wednesday, 17 Sep 2014 | 7:45 PM ET

    Jean-Marc Lieberherr, Managing Director of Rio Tinto Diamonds, introduces the firm's extremely rare red and pink diamonds, which will be featured at its exclusive annual sale in Hong Kong.

  • LeBron has new shoes, but he can't touch Jordan Wednesday, 17 Sep 2014 | 10:44 AM ET
    LeBron James unveils the LEBRON 12 on September 16, 2014, in Portland, Oregon.

    LeBron James may be one of the biggest names on the basketball court, but his shoe sales still can't touch No. 23.

  • Weaker euro will help luxury stocks: Pro     Monday, 8 Sep 2014 | 2:15 AM ET

    Patrick Armstrong, CIO of Plurimi Investment Managers, says a weaker euro will help luxury goods companies' earnings.

  • Luxottica overhauls management as CEO steps down Tuesday, 2 Sep 2014 | 1:36 AM ET

    Italy's Luxottica overhauled its top management structure on Monday after Chief Executive Andrea Guerra left due to rifts with Chairman Leonardo Del Vecchio.

  • Secret to Signet Jewelers success     Thursday, 28 Aug 2014 | 3:20 PM ET

    Michael Barnes, Signet Jewelers CEO, discusses what's driving sales growth and reveals what categories are leading the way.

  • Tiffany boosts full-year guidance as earnings beat Wednesday, 27 Aug 2014 | 11:26 AM ET

    Tiffany delivered earnings that surpassed analysts' expectations on Wednesday, and the retailer raised its full-year outlook.

  • UPDATE 1-Jeweler Tiffany raises full-year profit forecast Wednesday, 27 Aug 2014 | 8:01 AM ET

    Aug 27- Upscale jeweler Tiffany& Co raised its full-year profit forecast for a second time following a better-than-expected quarterly profit, driven by strong sales in the Americas and Asia-Pacific regions. Same-store sales in the Asia Pacific region grew 7 percent, driven by strong demand in Greater China and Australia.

  • Ralph Lauren goes high-tech     Monday, 25 Aug 2014 | 12:54 PM ET

    Insight to luxury brand Ralph Lauren's new high-tech shirt, with David Lauren, Ralph Lauren executive vice president of global advertising and marketing.

  • Jon Cox, head of European consumer equities at Kepler Cheuvreux, says there are "serious signs" of a slowdown in spending by Russians on luxury goods.

  • Jon Cox, head of European consumer equities at Kepler Cheuvreux, says the threat to luxury timepieces from smartwatches is "overdone" and stabilization in China will see luxury stocks rally.

  • Tailors on London's famous Savile Row - where suits sell in excess of $6000 - are now looking to take their luxury offerings to China where consumers are looking for the perfect suit.

  • Revival time? China hungry for luxury Swiss watches Thursday, 21 Aug 2014 | 6:30 AM ET

    Swiss watch exports to China saw a bumper 49 percent rise in July from the same time last year, industry figures show, a remarkable return to growth.

  • Cavalli in talks with sanctioned Russia bank: Report Wednesday, 13 Aug 2014 | 1:10 AM ET
    Italian designer Roberto Cavalli.

    Italian designer Roberto Cavalli is in talks to sell a majority stake in his eponymous fashion house to VTB Capital.

  • Death of denim     Tuesday, 12 Aug 2014 | 1:33 PM ET

    CNBC's Courtney Reagan reports the death of denim is going beyond teenagers.

  • Coach revenue beats on higher international sales Tuesday, 5 Aug 2014 | 1:10 PM ET

    Coach reported better-than-expected revenue, helped by a 7 percent rise in sales of its clothes, shoes, and handbags in international markets.