United Kingdom


Gucci revival, YSL drive surge in Kering first-quarter sales


PARIS French luxury group Kering delivered a record 28.6 percent increase in first-quarter comparable sales on Tuesday, beating market expectations, as a revival in its biggest brand Gucci accelerated and Yves Saint Laurent outperformed.


LVMH's Arnault swoops to take full control of Christian Dior 25 Apr 2017

PARIS French billionaire Bernard Arnault will combine the Christian Dior fashion brand with his LVMH luxury goods empire as part of a 12 billion euro (10.03 billion pounds) move to simplify his business interests - a restructuring long demanded by other investors. | Video


Luxury shoe brands Jimmy Choo and Bally put up for sale 24 Apr 2017

LONDON British luxury retailer Jimmy Choo has put itself up for sale to try to maximise shareholder value as majority investor JAB increases its focus on consumer goods. | Video


Dior takes to rooftop with new looks to launch Tokyo store 21 Apr 2017

TOKYO Christian Dior launched its new Tokyo store with a fashion show in the rooftop gardens of a luxury mall, where models sported new looks from its creative director Maria Grazia Chiuri.


Burberry hit by U.S. slowdown ahead of executive reshuffle 19 Apr 2017

LONDON British luxury brand Burberry reported a slowdown in quarterly sales growth on Wednesday as tough trading in the United States checked recent gains driven by a weaker pound and showed the problems facing its new chief executive. | Video


LVMH shares hit record high as luxury sales jump in first quarter 11 Apr 2017

PARIS Shares in LVMH , the world's biggest luxury goods group, hit a record high on Tuesday after the French company beat sales forecasts in the first quarter and said demand from Chinese customers had picked up. | Video

Hermes EOS says investors should oppose re-election of Rio executive 11 Apr 2017

LONDON Governance advisor Hermes EOS said on Tuesday it recommended investors oppose the re-election of a Rio Tinto executive at this week's shareholder meeting because it said the firm had not done enough to appoint women to the board.


LVMH first quarter sales rise 15 percent, says environment uncertain 10 Apr 2017

PARIS Luxury goods group LVMH posted a surge in first quarter sales on Monday that beat analysts' consensus forecast, although the French company cautioned its business environment remained uncertain.


Burberry licenses fragrances and cosmetics business to Coty 03 Apr 2017

LONDON British luxury brand Burberry has agreed to license its fragrances and cosmetics business to Coty for $162 million (129.78 million pounds), plus a $63 million (50.47 million pounds) payment for inventory, in a deal that will help it develop new products and give it the benefit of the U.S. group's extensive distribution network.

Coty says not against online sales, wants to protect luxury brands 31 Mar 2017

LUXEMBOURG German beauty products maker Coty rejected claims that its distribution policies imply a blanket ban on online sales, arguing that its main concern was to safeguard the cachet of its luxury brands such as Marc Jacobs, Calvin Klein and Chloe.