Edition:
United Kingdom

Silvia Aloisi

Kering sales recover from virus hit, though Gucci lags

22 Oct 2020

PARIS/MILAN French luxury group Kering confirmed a broad recovery in sales of high-end goods in the third quarter as strong Asian and U.S. demand helped revenues improve, though its star Gucci brand underperformed rivals.

Handbag maker Hermes echoes luxury sales rebound amid online surge

22 Oct 2020

MILAN Hermes' comparable sales picked up in the third quarter, rising 7%, and the Birkin bag maker said this positive momentum had extended into October after a strong rebound in Asia and surging online revenues.

Unsuited to new era? Fate of formal fashion hangs by a thread

16 Oct 2020

MILAN/SYDNEY/LONDON Italian luxury designer Brunello Cucinelli makes men's suits that sell for up to 7,000 euros ($8,200). But even he - like most people across the globe - hasn't worn a suit for months, let alone bought one. | Video

Surging Vuitton sales boost LVMH despite pandemic woes

15 Oct 2020

PARIS Recovering sales of Louis Vuitton handbags helped LVMH contain the fallout from the coronavirus crisis in the third quarter, as the world's biggest luxury goods group reported a smaller-than-expected drop in revenues.

Luxury brands bank on a raring China market as pandemic lays waste to global demand

30 Sep 2020

BEIJING/MILAN On the southern Chinese island of Hainan, a duty-free shopping paradise, mainland tourists keen to splurge will often patiently line up for an hour or more to enter a Gucci, Tiffany or other luxury brand store. | Video

LVMH, Tiffany wrangle over court dates after acquisition turns sour

17 Sep 2020

PARIS LVMH tried on Thursday to block an attempt by Tiffany to fast-track legal proceedings in the United States to force the French luxury group to honour an acquisition deal agreed last year.

World News