Fashion

UPDATE 2-Burberry revenue jumps, sees profits hit by strong pound

* Sees currency headwinds hitting profits in 2014, 2015 (Adds CFO comments, share price)

Labelux aims for Jimmy Choo share offer this autumn: sources

PARIS - Privately owned luxury group Labelux has hired Bank of America Merrill Lynch to advise it on a possible London market flotation of Jimmy Choo this autumn that could value the upmarket shoemaker at over 900 million pounds ($1.5 billion), industry and financial sources said.

Labelux aims for Jimmy Choo share offer this autumn-sources

PARIS, April 15 - Privately owned luxury group Labelux has hired Bank of America Merrill Lynch to advise it on a possible London market flotation of Jimmy Choo this autumn that could value the upmarket shoemaker at over 900 million pounds ($1.5 billion), industry and financial sources said.

LVMH shares rise on improving growth at Louis Vuitton

PARIS - Louis Vuitton sales to Chinese and European customers improved in the first quarter, parent LVMH , the world's biggest luxury group, said on Thursday after posting forecast-beating fashion and leather sales.

10 Apr 2014

LVMH fashion and leather first quarter sales beat forecasts

PARIS - LVMH , the world's biggest luxury group, said its flagship Louis Vuitton brand had an "excellent" start to the year and its fashion and leather division posted a higher than expected rise in like-for-like first-quarter sales.

09 Apr 2014

Brutal U.S. winter has chilling effect on prom spending plans

NEW YORK - It is still too cold in most parts of the country to be thinking about taffeta, which could be affecting how much teens and their parents plan on spending on the prom and when they do their shopping.

09 Apr 2014

Versace and Blackstone sign stake purchase deal

MILAN - Italian fashion house Versace signed a deal on Thursday to sell a 20 percent stake to U.S. private equity firm Blackstone , spokespeople for the two companies said on Friday.

Versace and Blackstone sign stake purchase deal

MILAN, April 4 - Italian fashion house Versace signed a deal on Thursday to sell a 20 percent stake to U.S. private equity firm Blackstone, spokespeople for the two companies said on Friday.

Sovereign funds wary of hidden emerging market exposure: Templeton

(This March 25 story was refiled to delete reference to $85 billion under management in the second paragraph. Franklin Templeton clarifies it does not manage all of the amount)

02 Apr 2014

Is New York ready for an ugly Baroque swamp nymph?

PARIS - German fashion designer Karl Lagerfeld is a household name; 18th-century French composer Jean-Philippe Rameau isn't. But the two have been doing quite well together in a European opera now heading briefly to New York.

Entertainment, Music 01 Apr 2014