Jean-Paul Gaultier has dressed Madonna as a "futuristic" Joan of Arc for her guest performance at the Eurovision Song Contest final in Israel, the fashion designer told Reuters on Saturday.
* Shares down 1.2%, lag sector index (Adds management, analyst comment, background, shares.)
Louis Vuitton owner LVMH is launching a new fashion brand with Barbadian singer Rihanna, in a rare move by the French group to set up a label from scratch as it taps into soaring demand for celebrity collaborations in the luxury world.
* LVMH tapping demand for celebrity collaborations (Adds details on e-commerce, store strategy, writes thourgh)
French luxury goods group Kering said on Thursday it had agreed to pay a record 1.25 billion euros ($1.40 billion) to settle a dispute with Italian tax authorities centered on its fashion brand Gucci.
* Gucci former and current CEOs still under investigation (Adds details on ongoing investigation, effect on reputation, stock, precedents)
Hugo Boss said the renovation of several major stores should revive sales growth after the German fashion house reported a drop in first-quarter earnings due to reorganization costs, higher marketing spending and a strong U.S. dollar.
Japanese online fashion retailer Zozo Inc said it expects its profit to recover in the current fiscal year, after booking its first-ever annual drop in earnings on a failed experiment with bespoke tailoring and clashes with fashion brands.
French luxury group Kering is close to agreeing to pay between 1.3 billion and 1.4 billion euros ($1.5-1.6 billion) to settle a dispute with Italian authorities over unpaid taxes by its fashion brand Gucci, three sources told Reuters on Thursday.
French luxury group Kering is close to agreeing to pay between 1.3 billion and 1.4 billion euros ($1.5-1.6 billion) to settle a dispute with Italian authorities over unpaid taxes by its fashion brand Gucci, three sources told Reuters on Thursday.