Latest in Business
Gucci’s Renaissance: Kering CEO Luca de Meo Unveils Strategies to Revive Brand
The executive outlined a comprehensive vision to restore Gucci's status as a global luxury powerhouse…
Even Hermès Can’t Outrun Luxury’s Slowing Demand
In a week of weak results including LVMH and Kering, China's fragile recovery weighs on the sector.
Behind the QVC Group Collapse, a Loss of Relevance and Late to Innovate
Industry sources believe QVC Group, with roughly $10 billion in revenues, still has a reason to exist but…
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Kering Invests in Icicle With Expansion, Learnings in View
The Chinese brand said the partnership would allow it to expand in new categories and geographies, while the…
Inside Luca de Meo’s Kering Turnaround Plan
The CEO detailed his 360-degree strategic roadmap in a marathon address at a Capital Markets Day in Florence.
Dick’s Taps Christy Turlington and Daughter for Calia Campaign
The sporting goods retailer is expanding its second largest women's brand into more lifestyle product.
Tory Burch Refinances to Buy Out Longtime Backer General Atlantic
The private equity company bought into the designer brand in 2012.
Kering Launches Accademia per le Eccellenze to Preserve and Advance Italian Craftsmanship
Kering's CEO Luca de Meo and Pomellato CEO Sabina Belli unveiled a new initiative to train future artisans…
Nashville’s Wedgewood Village Attracting Luxury Tenants Like Hermès and Brunello Cucinelli
Zimmermann, Staud and Malbon will add stores this summer.
EXCLUSIVE: Authentic Brands Said to Be Weighing Barneys Revival on Madison Avenue
The former 220,000-square-foot Barneys New York flagship on Madison Avenue remains vacant but has been used…
Vince Posts Strong Q4 and Year
The contemporary, California-inspired fashion brand saw no slowdown in unit sales despite some higher prices…
Issey Miyake to Open Madison Avenue Flagship on May 8
The store will be located in the historic New York Life Building on 26th Street.
EXCLUSIVE: Rimowa Names New CEO
An LVMH veteran, Beatrice Monguidi joins the luggage-maker from Louis Vuitton. She has also worked at Fendi…
Kering Shares Fall 9.3% on Gucci Weakness
The French luxury group reported Tuesday that organic sales at its star brand dropped 8 percent in the first…
Hermès Shares Drop as Q1 Growth Slows on Pressure From Middle East, Weaker Tourism
Shares fell 8.2 percent even as the U.S. and Japan outperformed against France and the Middle East slowdowns.