Tandy Brands Accessories will slash about 17 percent of its salaried headcount as part of its cost-cutting efforts and realign its operations to focus on key products such as belts, small leather goods and gifts.
Hollywood's biggest and most beautiful stars donned their finest to strut down the red carpet at the Golden Globes on Sunday with strapless gowns, chandelier earrings, bold colours and black the top choices.
Giorgio Armani explored a merger with French luxury group Hermes but without success, the Italian designer told Bloomberg, adding he planned to keep control of his fashion empire as long as he stays healthy.
Hermes on Thursday became the latest European luxury group to cut its sales growth target, caught by global consumer spending gloom, and said trading worsened in October, sending its shares down sharply.
Members of the controlling family of French luxury goods group Hermes have no plans to sell shares and the house is confident it will weather the financial crisis, Chief Executive Patrick Thomas told Reuters.
Women need no longer walk out of apparel stores seeking accessories to complete their ensembles. One-stop shops selling everything from clothes to scarves and jewelry are not a fad, but are here to stay. In a hard-hit U.S.
French luxury group Hermes International on Tuesday posted a 12.8 percent rise in first-half sales, pulled by strong demand for its trademark silks, handbags and perfumes. The 171-year-old company generated revenues of 813.2 million euros.
Internet auction giant eBay cannot be held liable for trademark infringement for counterfeit items sold through its website, a US judge ruled Monday 14th of July in a case brought by luxury retailer Tiffany.
A French court ordered eBay to pay 38.6 million euros (30.6 million pounds) to luxury goods group LVMH for allowing the sale of fake merchandise, in a ruling immediately appealed by the online auction website.