United Kingdom


European shares in reverse after shock China data; luxury stocks fall


LONDON China's surprisingly weak trade data brought a four-day rally in European shares to a halt on Monday, with luxury goods and technology stocks leading the drop as investors fretted about slowing global growth and weaker-than-expected earnings.

European luxury stocks tumble after weak Chinese data 14 Jan 2019

PARIS Shares in top European luxury goods companies fell on Monday after weak economic data from China, which is a major source of revenue for many firms in the sector.


French protests weigh on Richemont sales as China holds up 11 Jan 2019

PARIS Cartier owner Richemont said "yellow vest" protests in France weighed on its sales at the end of 2018, but signalled healthy momentum within China that could bode well for some luxury goods rivals.


Dior switches Paris catwalk date to avoid 'yellow vest' protests 09 Jan 2019

PARIS Christian Dior is bringing forward its men's fashion show in Paris to avoid "yellow vest" protesters who have fought police, torched cars and smashed up shops over recent weekends, a source familiar with the decision said.


Chanel flags growth in luxury watchmaking with stake in parts maker Kenissi 07 Jan 2019

PARIS French fashion house Chanel said on Monday that it aimed to strengthen its position in luxury watchmaking with recent investments in timepiece parts makers including small Swiss firm Kenissi.


'Pooey Puitton' purse said to irk Louis Vuitton, prompts lawsuit 31 Dec 2018

A California toy company has sued Louis Vuitton to stop the French luxury goods maker from interfering with its sales of a slime-filled, poop-shaped toy purse for children, Pooey Puitton.

French government scrutinising company executives' tax affairs 30 Dec 2018

PARIS The French government is cracking down on business chiefs of companies listed in France to make sure they are paying their taxes in France, Budget Minister Gerald Darmanin said in a newspaper interview on Sunday.


'Heads - it's yours!' London meat market keeps Christmas Eve auction alive 24 Dec 2018

LONDON Fresh meat was selling like hot cakes at Smithfield Market's Christmas Eve public auction on Monday, with auctioneers running up and down makeshift catwalks and handing over turkeys and huge cuts of beef and pork in return for 20-pound notes. | Video


Online clothing retailers hunt for better fit to cut costly returns 22 Dec 2018

BERLIN/MADRID Models testing fashion brands like Adidas, Benetton and Gap are finding that almost a third of the shoes and clothes they try on are bigger or smaller than the size on the label indicates, explaining why many clothes bought online are sent back. | Video


Deep in the red - Chinese county pays price for vanity-project binge 16 Dec 2018

RUCHENG COUNTY, China In the heart of an impoverished village in southern China, a life-sized statue of Mao Zedong sits on a platform adorned with intricate stonework, flanked by a diorama of Red Army soldiers and traditional brick-and-tile homes with curved roofs.