Hermes first-half operating income rises 20 percent


PARIS - French luxury goods maker Hermes posted a 20 percent rise in first-half operating income in line with expectations, helped by strong tourist demand in Japan, the United States and Europe.


M&S's new clothing boss rings womenswear changes 12 Aug 2015

LONDON - Marks & Spencer, Britain's biggest clothing retailer, has parted company with its head of womenswear less than a month after the boss of its non-food division quit the business.


FTSE falls as China devaluation hits Burberry, mining stocks 11 Aug 2015

LONDON - The FTSE 100 fell on Tuesday, led by mining companies and luxury firm Burberry, after China devalued its currency, raising the costs of imports.

Actress Birkin asks Hermes to remove her name from croc bag 29 Jul 2015

PARIS - Actress and singer Jane Birkin has asked Hermes to remove her name from one of the luxury goods maker's best-selling bags due to what she called "cruel" crocodile farming and slaughtering practices. | Video


Model Cara Delevingne debuts first major role in 'Paper Towns' 22 Jul 2015

NEW YORK - British model Cara Delevingne takes up her first major movie role in "Paper Towns", stepping off the catwalk and onto the silver screen in the film adaptation of American author John Green's novel about young love and adventure. | Video


Insight - Becht to lead Coty/P&G beauty merger despite industry doubts 16 Jul 2015

PARIS - Coty Inc's boss Bart Becht believes he is the right man to run what will become the world's biggest perfume maker, despite industry doubts over its planned mega-merger and faltering sales at the beauty products group.


Burberry investors back boss's pay package 16 Jul 2015

LONDON - Investors in British luxury brand Burberry overwhelmingly backed boss Christopher Bailey's multi-million pound pay package on Thursday, a reversal from last year when they opposed his remuneration.

LVMH executive: Apple Watch rival to cost $1,526 - Handelsblatt 16 Jul 2015

FRANKFURT - French luxury goods maker LVMH will launch a rival product to Apple Inc's Apple Watch costing 1,400 euros ($1,526), Jean-Claude Biver President of the LVMH Watch Division told German daily Handelsblatt.


FTSE ends flat, Burberry falls on slower sales growth 15 Jul 2015

LONDON - The FTSE 100 ended flat on Wednesday, with building supplies company Travis Perkins leading gainers after a broker upgrade, while luxury goods maker Burberry was among the biggest fallers after posting slower sales growth.


Burberry committed to Hong Kong despite sales slowdown 15 Jul 2015

LONDON - Falling sales in Burberry's Hong Kong market will not deter the British luxury brand from its commitment to one of its most profitable regions, it said on Wednesday. | Video