ZURICH Sales of LVMH's watch brands could maintain their double-digit percentage growth in the second half of 2017, despite tougher year-on-year comparisons, the head of the luxury company's watch business said on Thursday.
BERLIN German fashion house Hugo Boss beat second-quarter expectations on Wednesday helped by restructuring and its first rise in U.S. sales in two years, boosting its shares.
U.S. retailer Michael Kors is betting that its acquisition of storied shoemaker Jimmy Choo will give sales a much-needed boost, but lingering problems at Kors' core bag business could delay potential benefits.
PARIS French luxury group Kering delivered a forecast-beating rise in first-half operating profit on Thursday after a successful revival of its biggest brand, Italy's Gucci, and a strong showing by fashion house Yves Saint Laurent.
PARIS LVMH , the world's biggest luxury group, cautioned on Wednesday that an uncertain economic climate meant its second half results may not match its sterling performance in the first six months of the year.
MILAN Italian luxury goods group Armani said on Tuesday it was reorganising its brands around three core labels and streamlining its shop network to counter a difficult business environment.
LONDON U.S. retailer Michael Kors agreed to buy luxury shoemaker Jimmy Choo for $1.2 billion (921.82 million pounds), snapping up a British company whose towering stilettos have been made famous by celebrity customers from Princess Diana to Kendall Jenner. | Video
PARIS France is ready to negotiate a deal with Google over back taxes, budget minister Gerald Darmanin told financial daily Les Echos on Monday.
ZURICH Georges Kern, tipped as a potential chief executive of Richemont , left the luxury goods group abruptly on Friday just four months after taking over as head of its watchmaking division.
LONDON Nearly a third of shareholders in Burberry voted against the luxury goods company's executive pay report on Thursday, despite a move by its new finance chief Julie Brown to head off the opposition by foregoing a share options award worth up to 2.4 million pounds.