MILAN Men are in danger of falling off the catwalk in Europe.
TAIPEI Dutch chipmaking equipment firm ASML Holdings NV has agreed to buy Taiwanese peer Hermes Microvision Inc (HMI) for about T$100 billion ($3.1 billion) to strengthen the pair's technology offering for semiconductor manufacturers.
MONTREAL The head of luxury group LVMH's Swiss watchmaking business said on Saturday the company is pushing its TAG Heuer brand in the Chinese market, as rivals scale back their investments due to weaker demand.
LONDON Appointing a new Dior creative director is a "work in progress", the French fashion house's chief executive said on Tuesday, with the luxury label still to name a head designer some six months after Raf Simons left to set up his own brand. | Video
MOSCOW Bulgari, the flagship jewellery brand of luxury group LVMH , plans to open up to four more stores in Russia over the next ten years, betting on the long-term prospects of its luxury market.
MILAN Global sales of personal luxury goods will rise this year but only moderately, with higher spending in Japan and Europe compensating for flat trends in Asia and the United States, an industry report showed on Tuesday.
MILAN Italian fashion house Versace named the former head of British brand Alexander McQueen as its new chief executive, in an unexpected move ahead of a planned stock market listing against a backdrop of slowing luxury industry growth.
ZURICH Cartier owner Richemont expects business to remain tough after Islamist attacks in Europe and a downturn in Hong Kong curbed sales growth in the first four months of 2016.
LONDON Britain's top share index slipped from a two-week high on Wednesday as luxury goods firm Burberry fell after a slump in its profits and miners tracked weaker metals prices.