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Consumer Durables and Apparel Textiles Apparel and Luxury Goods

  • ZURICH, July 14- Georges Kern, tipped as a potential chief executive of Richemont, left the luxury goods group abruptly on Friday just four months after taking over as head of its watchmaking division. "Georges has been offered an interesting opportunity to become an entrepreneur," Chairman Johann Rupert said in a statement. Kern, who steered watchmaker IWC...

  • Branding, not the threat of Amazon, a concern for ASOS: Pro

    Nivindya Sharma, senior editor at WGSN, discusses ASOS' business strategy and its need to increase brand awareness.

  • Luxury brands must cater to a changing consumer: Blackstone Group

    John Studzinski, vice chairman at The Blackstone Group and Luca Solca, managing director for luxury goods at Exane BNP Paribas, discuss the changing luxury consumer.

  • Burberry sticking to classics in a market which demands newness: Exane BNP Paribas

    Luca Solca, managing director for luxury goods at Exane BNP Paribas, speaks about Burberry's business strategy.

  • The company reported a net loss of $204 million, or $2.48 per share, in the fourth quarter ended April 1, reflecting a more than $300 million charge related to restructuring and severance pay. Ralph Lauren posted a net income of $41.3 million, or 49 cents per share, a year earlier. Excluding items, Ralph Lauren reported a profit of 89 cents per share, beating analysts'...

  • Ralph Lauren reported a net loss of $204 million, or $2.48 per share in the fourth quarter ended April 1, reflecting a more than $300 million charge related to restructuring and severance pay. The company posted a net income of $41.3 million, or 49 cents per share, a year earlier. Excluding items, Ralph Lauren reported a profit of 89 cents per share, beating analysts'...

  • *Q3 adjusted EPS of $0.15 tops estimates of $0.13. May 10- Beauty products maker Coty Inc reported higher-than-expected quarterly profit and sales, helped by strong demand for labels such as Calvin Klein as well as for recently acquired brands ghd and Younique. In the past year Coty has bought more than 40 brands from Procter& Gamble Co, the personal care and beauty...

  • May 10- Beauty products maker Coty Inc reported higher-than-expected quarterly profit and sales, helped by strong demand for brands such as Calvin Klein as well as for recently acquired brands ghd and Younique. Net loss attributable to Coty increased to $164.2 million in the quarter from $26.8 million a year earlier, due to $213.5 million in restructuring...

  • Abercrombie & Fitch is working with an investment bank to field takeover interest from other retailers, sources said on Tuesday.

  • Hilfiger: Stores must offer an experience

    Tommy Hilfiger, Founder/President, Tommy Hilfiger Worldwide, discusses mentoring young women in the fashion industry and what it's like to work as part of the PVH Group.

  • A Coach store

    Coach posted an 8.6 percent jump in quarterly profit, as the handbag maker cut back on discounting its products in the United States.

  • A model walks the runway during the Christian Dior show at Paris Haute Couture Fashion Week at the Musée Rodin on July 7, 2014 in Paris, France.

    LVMH plans to buy out minority shareholders in Christian Dior, a transaction aimed at boosting LVMH's earnings.

  • PARIS, April 18- A jump in luxury cosmetic sales at L'Oreal offset a weak first quarter for several of the French company's other divisions, with overall like-for-like revenues 4.2 percent higher, slightly above forecasts. L'Oreal, which produces Maybelline make-up and Garnier shampoo, said that demand for its mass-market consumer products was slow to pick up...

  • PARIS, April 11- Shares in LVMH, the world's biggest luxury goods group, hit a record high on Tuesday after the French company beat sales forecasts in the first quarter and said demand from Chinese customers had picked up. Shares in LVMH- whose array of brands ranges from fashion houses Louis Vuitton and Christian Dior to watchmaker TAG Heuer and jeweller Bulgari-...

  • Closer look at the luxury watch market

    Giles English, co-founder of Bremont, says desire for luxury watches remains even though China's anti-graft campaign has affected the Hong Kong market.

  • LONDON, April 3- British luxury brand Burberry has agreed to license its fragrances and cosmetics business to Coty for $162 million, plus a $63 million payment for inventory, in a deal that will help it develop new products and give it the benefit of the U.S. group's extensive distribution network. Best known for its British-made trenchcoats, Burberry's beauty...

  • LONDON, April 3- British luxury brand Burberry said on Monday it would license its fragrances and cosmetics to Coty in a deal totalling $225 million that will help it develop new products and benefit from the U.S. group's distribution. Known for its British-made trenchcoats, Burberry's beauty range is led by fragrances My Burberry and Mr Burberry, and includes...

  • Burberry said it would transfer its beauty business to Coty in a deal that will bring in around $225 million plus royalty payments and grow the division.

  • LONDON, April 3- British luxury brand Burberry said on Monday it would license its fragrances and cosmetics to Coty in a deal totalling $225 million that will help it develop new products and benefit from the U.S. group's distribution. Known for its British-made trenchcoats, Burberry's beauty range is led by fragrances My Burberry and Mr Burberry, and includes...

  • LONDON, April 3- British luxury brand Burberry said on Monday it would transfer its beauty business to U.S. group Coty in a deal that will bring in around $225 million plus ongoing royalty payments and grow the division. Known for its British-made trenchcoats, Burberry's fragrances include My Burberry and Mr Burberry and it has expanded into cosmetics in recent...