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United Kingdom

Sarah White

As Barneys struggles, fashion vendors try on alternative channels

13 Aug 2019

PARIS/NEW YORK When fashion label Prada started demanding greater control over shop floor arrangements in U.S. department stores, Barneys New York, now mired in bankruptcy proceedings, was one of the few with enough swagger to resist.

New York retail icon Barneys files for bankruptcy

07 Aug 2019

NEW YORK/PARIS Barneys New York Inc filed for bankruptcy protection on Tuesday and put itself up for sale, pushed to the brink by falling revenue and soaring rent at its stores that caused many vendors to effectively stop shipping merchandise to the luxury department store chain. | Video

L'Oreal shares slide as make-up slowdown weighs on sales

31 Jul 2019

PARIS L'Oreal shares fell on Wednesday after second-quarter sales growth missed forecasts and the cosmetics maker said it expected little improvement this year in the United States where demand for make-up is slowing.

Weaker make-up demand drags on L'Oreal in North America

30 Jul 2019

PARIS France's L'Oreal on Tuesday posted weaker than expected second-quarter sales growth, in part as demand for make-up products such as its Maybelline mascaras faltered in North America.

Trump says U.S. could tax French wine in retaliation for digital tax

27 Jul 2019

WASHINGTON/PARIS U.S. President Donald Trump threatened to tax French wines on Friday in retaliation for France's recent proposal to levy a tax aimed at big U.S. technology companies.

Faltering U.S. sales take shine off Kering's star Gucci brand

25 Jul 2019

PARIS Kering's main Gucci brand, which set a high bar for luxury goods rivals during several years of explosive growth, posted a slower-than-expected rise in second-quarter sales on Thursday, hit by a blip in the United States.

Vuitton, Moncler set high bar for luxury goods peers

24 Jul 2019

PARIS/MILAN Jacket maker Moncler joined Louis Vuitton owner LVMH on Wednesday in reporting a pick up in sales growth in the second quarter, as the luxury firms capitalised on strong Chinese demand and investments in marketing and new designs.

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