Edition:
United Kingdom

Fashion

Fashion and the environment, an uncomfortable fit for McCartney

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LONDON The booming fashion industry is medieval in its approach to manufacturing and needs to modernise in order to radically cut the damage it is doing to the environment, British designer Stella McCartney has said.

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Ferragamo names veteran Gucci executive as general manager 20 Apr 2018

FLORENCE, Italy Italy's Salvatore Ferragamo appointed Gucci executive Micaela Le Divelec as general manager on Friday, postponing selection of a new chief executive.

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South Korean customs looking into Korean Air 'nut rage' family 18 Apr 2018

SEOUL South Korea's customs agency is looking into accusations that the youngest daughter of Korean Air Lines' chairman, and other family members, did not pay customs duties on luxury goods brought into the country, the agency said on Wednesday.

Federated Investors takes majority stake in fund manager Hermes 13 Apr 2018

LONDON/BOSTON Federated Investors said on Friday it will take a majority stake in British peer Hermes Fund Managers for 246 million pounds, giving the U.S. asset manager a foothold in the fast-growing field of investing with an eye on factors such as climate change and gender pay equity.

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British fashion house Burberry appoints new chairman 13 Apr 2018

British fashion house Burberry on Friday appointed Gerry Murphy, currently chairman of Tate & Lyle , as its new chairman, completing a series of changes at the top of the company in the past year.

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Fashionably late: Saudi Arabia hosts its first-ever fashion week 12 Apr 2018

RIYADH Fashionable women, dark-haired Saudis and blonde Eastern Europeans alike, fill the gold-trimmed halls of Riyadh's Ritz-Carlton Hotel, marking the start of Saudi Arabia's first-ever fashion week. | Video

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LVMH buoys luxury sector as Chinese demand propels sales 10 Apr 2018

PARIS France's LVMH , which owns brands from Louis Vuitton to Moet & Chandon champagne, on Tuesday said thriving demand for its luxury products showed little sign of fading this year, in an upbeat assessment that drove a share rally across the sector. | Video

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From silkworms to software, France's LVMH backs luxury startups 09 Apr 2018

PARIS France's LVMH is fostering projects by entrepreneurs in the luxury goods sector, including a startup working with silkworms on new materials and another whose software might help detect counterfeits.

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From silkworms to software, France's LVMH backs luxury startups 09 Apr 2018

PARIS France's LVMH is fostering projects by entrepreneurs in the luxury goods sector, including a startup working with silkworms on new materials and another whose software might help detect counterfeits.

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Vuitton owner LVMH posts sales surge in boost to luxury sector 09 Apr 2018

PARIS Louis Vuitton owner LVMH posted a better-than-expected rise in first quarter sales on Monday, pointing to undiminished appetite from Chinese consumers that should boost luxury goods rivals too.