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Fashion

JDE brings premium coffee brand to Brazil as luxury segment soars

SAO PAULO Jacobs Douwe Egberts (JDE), the world's second-largest coffee retailer, said on Tuesday it will launch its super premium brand L'OR in Brazil, to take advantage of a luxury goods segment that has grown rapidly despite an economic downturn.

Italy's Tod's ready to make short-term sacrifices for medium-term growth

MILAN Italian luxury group Tod's said on Thursday it was ready to make short-term sacrifices in margins and revenues in pursuit of medium-term growth as it turns away from fashion to focus on higher-end products.

Aug 03 2017

UPDATE 1-Italy's Tod's ready to make short-term sacrifices for medium-term growth

MILAN, Aug 3 Italian luxury group Tod's said on Thursday it was ready to make short-term sacrifices in margins and revenues in pursuit of medium-term growth as it turns away from fashion to focus on higher-end products.

Hugo Boss reports first U.S. growth in two years

BERLIN German fashion house Hugo Boss beat second-quarter expectations on Wednesday helped by restructuring and its first rise in U.S. sales in two years, boosting its shares.

Aug 02 2017

UPDATE 2-Hugo Boss reports first U.S. growth in two years

* 2017 capex target trimmed, free cash flow goal up (Adds details, analyst comment)

Gucci revamp, YSL strength help Kering beat forecasts

PARIS French luxury group Kering delivered a forecast-beating rise in first-half operating profit on Thursday after a successful revival of its biggest brand, Italy's Gucci, and a strong showing by fashion house Yves Saint Laurent.

Jul 27 2017

UPDATE 1-Gucci revamp, YSL strength help Kering beat forecasts

PARIS, July 27 French luxury group Kering delivered a forecast-beating rise in first-half operating profit on Thursday after a successful revival of its biggest brand, Italy's Gucci, and a strong showing by fashion house Yves Saint Laurent. Kering, whose results were further evidence of a recovery in the wider luxury sector, cautioned it would face tougher comparables in the second half while a higher euro currency could impact consumer trends and tourism flows.

LVMH gives cautious outlook after robust first half results

PARIS LVMH , the world's biggest luxury group, cautioned on Wednesday that an uncertain economic climate meant its second half results may not match its sterling performance in the first six months of the year.

Jul 26 2017

Armani reorganizes brands as revenue, profit margins slip

MILAN Italian luxury goods group Armani said on Tuesday it was reorganizing its brands around three core labels and streamlining its shop network to counter a difficult business environment.

Jul 25 2017

UPDATE 1-Armani reorganises brands as revenue, profit margins slip

MILAN, July 25 Italian luxury goods group Armani said on Tuesday it was reorganising its brands around three core labels and streamlining its shop network to counter a difficult business environment.

Jul 25 2017