Fashion
Meet the artisans: LVMH fires new shot in luxury marketing war
PARIS - LVMH will throw open the doors of its Louis Vuitton workshops and Hennessy cognac cellars at the weekend in the latest salvo of an advertising war among luxury groups to show off the craftsmanship behind their brands.
Hugo Boss signs up Michelle Obama dress designer Jason Wu
FRANKFURT - Hugo Boss has signed up designer Jason Wu, a favorite of American First Lady Michelle Obama, as the German fashion house seeks to sell more women's dresses and suits in the United States and China.
Designer Galliano says didn't mean anti-Semitic remarks
NEW YORK - Disgraced fashion designer John Galliano, who was fired from his job at French fashion house Christian Dior after making anti-Semitic rants, says he is not a racist and has spent the past few years trying to atone for his words and actions.
AMF experts reject LVMH bid to thwart Hermes inquiry
PARIS - A panel of experts at French market regulator AMF on Friday rejected LVMH's attempt to torpedo its enquiry into the luxury group's build-up of its initial 17 percent stake in rival Hermes .
Luxury spending drives Michael Kors profit
- Upscale accessories maker Michael Kors Holdings Ltd reported a better-than-expected quarterly profit as shoppers spend more on luxury goods, and the company said it would double the number of its stores in Europe, where its sales are booming.
Loro Piana rides high through recession in ultra-luxury sector
ROME - Italian luxury firm Loro Piana expects double-digit sales growth to continue in 2013 as it expands its niche in the ultra-luxury sector, its chief executive told Reuters on Friday.
Cannes festival hit by second suspected jewelry theft
CANNES - The Cannes film festival was hit by a second suspected jewelry heist on Thursday after a diamond necklace worth 2 million euros ($2.6 million) disappeared during a star-studded party, according to upmarket jeweler De Grisogono.
Prada says not planning on making acquisitions
MILAN - Italian fashion house Prada is not planning on returning to the acquisition trail for now, its chief executive said on Thursday, dousing speculation it might be in the hunt for deals.
Prada says not planning on making acquisitions
MILAN, May 23 - Italian fashion house Prada is not planning on returning to the acquisition trail for now, its chief executive said on Thursday, dousing speculation it might be in the hunt for deals.
Armani sees no slowdown, even in China
PARIS/MILAN - Italian fashion house Giorgio Armani on Tuesday said it had not seen a slowdown, even in China, the industry's main engine of growth, where rivals noted more muted demand in recent months.
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