When athletes appeared in slick athletic gear by brands like Under Armour and Puma during the Rio Olympics, Mark Lee had extra reason to cheer.
PARIS, Sept 2- Louis Vuitton has launched its first perfume range since the founding merger of its parent LVMH in 1987, targeting middle-income shoppers amid a downturn in luxury spending. Until now, shoppers on more modest incomes have only been catered for by Louis Vuitton's key chains and very small leather goods, costing around 200- 300 euros apiece.
The market liked that the Prada management's guidance showed improvements ahead, says GEO Securities' Francis Lun.
Michael Kors stock dipped more than 2 percent after beating earnings and revenue estimates, but missed on comparable store sales.
Coach's CEO Victor Luis said that the company is trying to differentiate itself from the competition with its comeback.
Long-time Lululemon Athletica board member Rhoda Pitcher has resigned, according to a filing with the Securities and Exchange Commission.
Sue Simpson, managing director of heritage brand Lock & Co. Hatters, talks about achieving business resilience through economic downturns.
LVMH is selling Donna Karan International, the parent of New York label DKNY, to U.S. clothing firm G-III Apparel Group.
Swatch Group said on Thursday it expected a recovery in the second half of 2016 after net profit plummeted 52 percent in the first half.
The presumptive Democratic presidential nominee addressed inequality in America wearing a pricey jacket.
Marjorie Yang and Dee Poon agree on most things at the Esquel Group, including - importantly - the best way to button a shirt.
Designer Kate Spade, Frances Valentine founder, and Andy Spade, Frances Valentine founder, discuss the launch of their new startup.
A Frida Kahlo painting has sold for just over $8 million at auction, a world auction record for the late Mexican artist.
He began his career like most ordinary college grads: no money, no clear direction. Then he founded Nike, the athletic-apparel mega-company.
Under Armour fan and Morningstar Equity Analyst Paul Swinand sifts through UA's quarterly results and weighs in on the company's outlook as competition heats up in the athleisure space.
Tom Porcelli, Chief U.S. Economist at RBC Capital Markets, talks about how slowing luxury spending could be sending a warning sign for the rest of the economy.
LVMH sales were slightly below forecasts by analysts polled by financial information company FactSet.
Discussing Gap weighing on the retail sector, with Roxanne Meyer, MKM retail analyst.
Designer Diane von Furstenberg, discusses tonight's DVF Awards which honors women's leadership and talks about the importance of having a good relationship with yourself and practicing truth.
CNBC's Kate Rogers looks at the state of small business in Michigan with the Detroit Denim company and why Eric Yelsma, the founder, chose the city.