Chinese ecommerce giant Alibaba took 90 million counterfeit items offline and spent over 1 billion yuan ($160.7 million) fighting fake goods.» Read More
LVMH and eBay have settled a six-year legal battle in which the online auction site was accused of allowing users to sell knock-off goods.
PARIS, July 17- LVMH Moet Hennessy Louis Vuitton and eBay Inc have settled a long-running court battle over the sale of counterfeit luxury goods on the U.S. company's online auction website. LVMH also claimed that the sale of real perfumes through non-approved distribution channels such as eBay hurt its business.
Burberry shareholders rejected a 20 million pound remuneration package for its new chief executive, Christopher Bailey. The Financial Times reports.
Apple has hired the sales director of TAG Heuer to help with the launch of its new iWatch, the head of LVMH's watch brands told CNBC.
South Korean housewife Kwak Ji-yoon used to be a loyal customer of Louis Vuitton, but these days she prefers Alexander Wang handbags.
Lowe's is launching a simulation room that enables customers to view a 3-D representation of their renovation projects.
Sephora has teamed up with ModiFace on a 3-D augmented reality mirror that allows shoppers to virtually test cosmetics.
Luxury brands are mulling more inflation-busting price rises, in the face of strong foreign exchange headwinds and changing Chinese shopping habits.
The iPhone may lose its luster a few decades from now, LVMH baron Bernard Arnault tells CNBC, but people will still drink Dom Pérignon.
Citigroup analyst Oliver Chen said the accessories company's transformation could take multiple years.
Combined a host of luxury brands into the LVMH conglomerate, along the way distilling a magic elixir of design, production, and above all marketing.
European shares closed lower on Thursday, having fluctuated for much of the day.
As more brands flock to the off-price model, one analyst cautions that outlets could be losing a bit of their luster.
A new report suggests that future growth for luxury will come from a new consumer. They're called YUMMY's—Young Urban Males.
In an industry where stars are commonly impulsive spenders, financial planners advise a simple system to save for the future.
Luxury stocks fell after Russia's invasion of Crimea raised the risk that European governments could impose visa restrictions on Russian shoppers.
Shoppers are visiting fewer stores than they did in the past, increasing the importance of building a loyal customer base.
Coach is making its debut at New York Fashion Week, in an effort to woo shoppers back from its more fashion-forward competitors.
Shares of Michael Kors surged Tuesday after it topped analysts' earnings forecasts, but other retailers will struggle to follow suit.
Luxury goods producers are coming under increasing pressure in emerging markets, but while some are worried, others appear more relaxed.