Debenhams reported its biggest-ever loss on Thursday and confirmed a plan to close 50 stores as well as saying the beauty market has dipped in recent months. But it’s remaining upbeat and thinks it’s on the right track.
LVMH are being very, very nice to Celine and Hedi Slimane. The group just handed over the former Dior Homme boutique on high-traffic corner of Paris' rue François 1er and rue Marignan to Celine for a new store.
Demand for Gucci handbags proved more resilient than expected in the third quarter, helping to drive a strong revenue rise at parent Kering at a time of heightened investor nerves over luxury goods companies.
Pablo Isla has topped Harvard Business Review’s list of the best-performing CEOs in the world for the second year in a row. LVMH's Bernard Arnault came in third, followed by François-Henri Pinault of Kering.
North Korea imported at least $640 million worth of luxury goods from China last year, in defiance of U.N. sanctions outlawing such trade over North Korea’s nuclear and missile programmes, a South Korean lawmaker said.
Young designers have until 26th November to submit their applications for the fashion, photography and accessories categories of the 34th edition of the festival, which will take place from 25th to 29th April.