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Fashion

Burberry profit fall emphasises task awaiting new chief

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LONDON The challenge facing Marco Gobbetti when he becomes Burberry CEO was brought into sharp focus as the British luxury brand reported a 21 percent drop in underlying pretax profit, hit by weak demand in the United States and Hong Kong. | Video

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Designer Carolina Herrera laments murder of nephew in Venezuela 13 May 2017

CARACAS Venezuela-born fashion designer Carolina Herrera on Saturday lamented the killing of her nephew in the crisis-torn country, in what authorities called an apparent kidnapping.

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Dior elevates festival fashion with Los Angeles-inspired Cruise collection 12 May 2017

LOS ANGELES Fringed capes, pleated skirts and bolero hats peppered the runway at the Dior Cruise 2018 collection on Thursday as the luxury Parisian label spun its own twist on music festival fashion. | Video

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SuperGroup gets sales boost from weaker pound 11 May 2017

LONDON SuperGroup, the British company behind the Superdry fashion brand, reported a 27 percent rise in annual revenue and said it would meet profit forecasts, helped by its overseas expansion and a weaker pound.

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LVMH boosts digital profile with multiple brands website 10 May 2017

PARIS LVMH is launching a multi-brand e-commerce website inspired by its exclusive Parisian department store Le Bon Marche, as the world's biggest luxury goods group steps up the digital side of its business.

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LVMH boosts digital profile with multiple brands website 10 May 2017

PARIS LVMH is launching a multi-brand e-commerce website inspired by its exclusive Parisian department store Le Bon Marche, as the world's biggest luxury goods group steps up the digital side of its business.

Italian glasses maker Safilo first quarter sales hit by delivery disruption 09 May 2017

Italy's Safilo, which makes glasses for Boss, Fendi and other fashion brands, reported a steep drop in first quarter net sales after a new IT system at its Padua distribution centre disrupted deliveries.

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Hugo Boss shares down as online sales slump 03 May 2017

BERLIN Shares in Hugo Boss fell 5 percent on Wednesday after the German fashion house reported another drop in online sales in the first three months of the year even though overall sales and net profit were better than expected.

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Gucci revival, YSL drive surge in Kering first-quarter sales 25 Apr 2017

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.

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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