Luxury goods firms have been hesitant to embrace new digital trends, but as the industry faces a slowdown companies must evolve, analysts say.» Read More
European shares closed higher on Wednesday, after banking stocks with a heavy exposure to Russia pared losses and energy stocks rebounded.
Dec 11- Coach Inc shares rose the most in four months, with traders citing a retail industry news website report that French luxury products company LVMH Moet Hennessy Louis Vuitton SA was interested in buying the handbag maker. Coach, founded in 1941 in a Manhattan loft, has reported declining sales for five quarters in a row, losing market share to newer entrants...
Five luxury labels accounted for nearly 70 percent of desktop and mobile market share through August, a report by PM Digital says.
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Shares in luxury handbag maker Mulberry plunged after it issued another profit warning as it continues on a painful turnaround strategy.
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Apple new mobile payments system is winning over financial industry heavyweights, signaling the likely demise of lesser payment alternatives.
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French luxury group LVMH's watch brand TAG Heuer has plans to launch its own smartwatch, the head of its watch business told a Swiss newspaper.
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As New York Fashion Week has grown to include mainstream brands, the twice-a-year spectacle now encompasses both the high end and everyday.
French rivals LVMH and Hermès are celebrating a truce and putting an end to takeover speculation. Hermès shareholders may not be so thrilled.
European shares ended the day firmly in the green on Wednesday, amid hopes that Ukraine and Russia were nearing a cease-fire agreement.
Shares in Salvatore Ferragamo surged on Friday, after the company reported strong earnings that defied worries about China.
As the Korean wave continues, lucrative foreign investments from France to China could spark the next rush for the country's pop culture.
Victoria’s Secret has lost a trademark battle with high-end U.K. shirt maker involving its "PINK" clothing line.
Bricks-and-mortar locations need to undergo a complete makeover to stay relevant 25 years down the line, experts said.
European shares ended the day lower, as concerns about the impact of further sanctions against Russia weighed amid ongoing unrest in Ukraine.
Luxury stocks sold off on Friday after LVMH results disappointed and concerns over a slowdown in Asia continued to worry investors.