Fashion

Chinese tourists' luxury spending soars - Global Blue

Photo

PARIS - Chinese tourists spent a record amount on luxury goods last month, helped by shopping sprees in Europe as the weak euro made items cheaper than at home, VAT refund company Global Blue said.

Model Gisele Bundchen takes last strut on Sao Paulo catwalk

SAO PAULO - Gisele Bundchen, the world's highest paid model, has taken her last strut down the catwalk at Sao Paulo Fashion Week, retiring from the runway after 20 years in the fashion industry. | Video

Entertainment, People 16 Apr 2015

Burberry could adjust prices to offset currency swings

PARIS - British luxury goods maker Burberry will adjust prices in response to currency fluctuations and similar moves by rivals, it said on Wednesday as it posted a forecast-beating 9 percent rise in second-half revenue. | Video

15 Apr 2015

UPDATE 2-Burberry could adjust prices to offset currency swings

* Says prices could be adjusted in response to FX fluctuations

Gisele's last catwalk in focus at Sao Paulo Fashion Week

SAO PAULO - Designers are unveiling their spring/summer 2016 lines on the runways of Sao Paulo Fashion Week, where Brazilian model Gisele Bundchen will strut down the catwalk one last time during the five-day spectacular. | Video

14 Apr 2015

Gisele's last catwalk in focus at Sao Paulo Fashion Week

SAO PAULO - Designers are unveiling their spring/summer 2016 lines on the runways of Sao Paulo Fashion Week, where Brazilian model Gisele Bundchen will strut down the catwalk one last time during the five-day spectacular. | Video

14 Apr 2015

LVMH says no plan to harmonize prices for now

PARIS - LVMH does not plan to follow rivals such as Chanel by harmonizing the prices of its luxury goods across different regions to reflect currency fluctuations and combat parallel trading, the world's biggest luxury group said on Tuesday.

14 Apr 2015

LVMH spirits sales beat forecasts in first quarter, fashion disappoints

PARIS - French luxury goods group LVMH posted a 3 percent rise in like-for-like first-quarter sales on Monday, helped by the weak euro against the dollar and what it called an "excellent start to the year" at Louis Vuitton.

13 Apr 2015

Canadian designer Nygård links NY billionaire Bacon to Bahamas fire

NEW YORK - Canadian fashion designer Peter Nygård escalated his acrimonious U.S. legal battle with Louis Bacon, saying the billionaire hedge fund manager may have driven a groundskeeper to set a fire that heavily damaged Nygård's neighboring Bahamas beachfront estate.

09 Apr 2015