MILAN, Nov 14 Italian luxury goods maker Salvatore Ferragamo will have its work cut out in 2018, its CEO said on Tuesday after the company reported a 25 percent drop in nine-month core profits.
CHENNAI, India (Thomson Reuters Foundation) - When celebrated Indian fashion designer Wendell Rodricks sat down to write his third book, haute couture was not on his mind.
MILAN Italy's Moncler, known for its luxury puffer jackets, signaled a change of strategy on Monday, ditching its two top catwalk clothing lines as leading fashion houses come under increased pressure from younger, digital-savvy fashion buyers.
* Shares down 1.2 percent, lag sector (Adds CFO, analyst quotes, shares)
HONG KONG Menswear group Trinity Ltd said Shandong-based textile maker Shandong Ruyi International Fashion Industry Investment Holding Co Ltd has agreed to buy shares representing 51.38 pct of its enlarged share capital for HK$2.22 billion ($284.62 million), raising funds for future acquisitions and to repay debt.
* Mid-cap Hikma's trading update disappoints (ADVISORY- Follow European and UK stock markets in real time on the Reuters Live Markets blog on Eikon, see cpurl://apps.cp./cms/?pageId=livemarkets)
LONDON, Nov 9 A drop in luxury group Burberry weighed on the UK's top share index on Thursday, which was stuck below a five-month high as results were the main focus.
PARIS, Nov 8 Luxury goods firm LVMH is opening a second high-end food hall in Paris, betting on growing appetite from locals for gourmet groceries as the group spruces up its stores across the French capital.
PARIS, Nov 7 France's oldest fashion house Lanvin, which has suffered a sales slump since a design shake-up two years ago, said on Tuesday majority shareholder and Taiwan-based businesswoman Shaw-Lan Wang would inject fresh cash into the label by the year-end.
PARIS Auditors for Lanvin, France's oldest fashion house, have filed a warning with a commercial court in Paris over financial troubles at the label as it struggles to stem slumping sales, two sources familiar with the company's performance said.