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Sarah White

Vuitton propels LVMH growth in boost for luxury sector

Oct 10 2018

PARIS A standout performance by LVMH's fashion and handbags business boosted third-quarter sales growth at the luxury goods company, providing an encouraging sign for an industry gripped by fears of a slowdown in China. | Video

Chinese slowdown fears hit LVMH shares and luxury rivals

Oct 10 2018

PARIS Robust sales growth at luxury goods leader LVMH in the third quarter failed on Wednesday to quell fears that Chinese demand for high-end fashion and handbags will start waning, sending its shares lower and rattling those of competitors. | Video

Gucci boss reassures staff over looming era of slower growth

Oct 04 2018

PARIS The head of Gucci has reassured shop staff over a looming slowdown in the pace of sales growth after a revenue explosion at the Kering -owned label, according to an internal video message seen by Reuters.

From Milan to Paris, fashion firms fret over fur

Oct 03 2018

MILAN/PARIS Fur trimmings were scarce on the past month's spring catwalk collections in Milan and Paris, but the two leading luxury centers are some way off following London Fashion Week in going fur-free.

RPT-Versace sale turns up heat on fashion's independent outliers

Sep 26 2018

PARIS, Sept 25 Michael Kors' swoop on Versace leaves a shrinking universe of fashion brands determined to go it alone and fend off luxury empire builders, raising the pressure on those struggling financially to lift sales or sell out.

Farfetch tops price range in IPO in boon to luxury market

Sep 21 2018

PARIS/NEW YORK Farfetch priced its shares above its targeted range on Friday in a New York flotation that values the online luxury retailer at over $5.8 billion and underscores how big a bet web sales have become for high-end brands.

Burberry bets on sleek new look for revamp under Tisci

Sep 18 2018

LONDON With metallic trimmings and corset-like belts, Burberry's trademark trench coats took center-stage at the brand's catwalk relaunch under new designer Riccardo Tisci on Monday as it looks to lift sales with a move upmarket.

French handbag maker Hermes posts record first half margins

Sep 12 2018

PARIS France's Hermes on Wednesday said operating margins reached a first-half record at the start of 2018 as resilient demand in key markets like China also helped the luxury handbag maker and most of its major rivals lift profits.

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