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LVMH fashion and leather second-quarter sales beat forecasts

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PARIS French luxury group LVMH on Tuesday posted forecast-beating fashion and leather sales growth in the second quarter, helped by solid demand in the United States and improved trading in Asia, excluding Japan.

UPDATE 2-LVMH fashion and leather Q2 sales beat forecasts

PARIS, July 26 French luxury group LVMH on Tuesday posted forecast-beating fashion and leather sales growth in the second quarter, helped by solid demand in the United States and improved trading in Asia, excluding Japan.

LVMH sells loss-making Donna Karan to G-III in $650 million deal

PARIS French luxury group LVMH is selling Donna Karan International, the parent of New York label DKNY, to U.S. clothing firm G-III Apparel Group in a deal valuing the loss-making fashion brand at $650 million.

Jul 25 2016

UPDATE 2-LVMH sells loss-making Donna Karan to G-III in $650 million deal

PARIS, July 25 French luxury group LVMH is selling Donna Karan International, the parent of New York label DKNY, to U.S. clothing firm G-III Apparel Group in a deal valuing the loss-making fashion brand at $650 million.

Chanel snaps up four companies to secure high-end silk supplies

PARIS French luxury goods maker Chanel has created a silks production unit by investing in high-end specialists, it said on Friday after completing the third deal in four months aimed at strengthening its supply chain.

Jul 22 2016

Chanel snaps up 4 companies to secure high-end silk supplies

PARIS, July 22 French luxury goods maker Chanel has created a silks production unit by investing in high-end specialists, it said on Friday after completing the third deal in four months aimed at strengthening its supply chain.

LVMH arm buys slice of Seoul cosmetics firm CLIO as South Korea beauty business booms

SEOUL An investment arm of French luxury goods giant LVMH said it took a minority stake in South Korea's CLIO Cosmetics, swelling the ranks of global investors placing a bet on booming demand for Korean beauty products in major markets like China.

Deals, South Korea Jul 22 2016

Hermes sees no improvement in tourist traffic in France

PARIS French luxury goods maker Hermes said on Thursday it had not seen any improvement in tourist flows in France in the second quarter and did not expect any while the country remained in a state of emergency.

Jul 21 2016

UPDATE 1-Hermes sees no improvement in tourist traffic in France

PARIS, July 21 French luxury goods maker Hermes said on Thursday it had not seen any improvement in tourist flows in France in the second quarter and did not expect any while the country remained in a state of emergency.

Jul 21 2016

Burberry expects earnings boost from weak pound post Brexit

LONDON British luxury goods brand Burberry , which announced a management shake-up this week as it seeks to overturn falling profits, said on Wednesday it expects a post-Brexit drop in the pound to boost its earnings this year. | Video

Jul 13 2016