Day three of the first ever entirely digital French haute couture week began not with the unveiling of a collection but with a teaser from Maison Margiela, summing up the most puzzling Paris in memory.
Amazon announced in April that it would bring its Marketplace for 3rd-party sellers to Australia, sparking a massive stock sell-off, but some fund managers say the dire warnings about traditional retail are overblown.
Vuarnet's new team has been operational since May 2015 working behind the scenes, notably with Lionel Giraud as CEO. The brand now hits centre stage with a new communications campaign featuring actor Vincent Cassel.
Samsonite International said on Friday it would buy Tumi Holdings Inc for $26.75 per share in an all-cash transaction valuing Tumi at $1.8 billion, as the world's biggest luggage group expands in the luxury market.
Next June, Samsonite will again have a flagship store in Paris. The luggage brand will set up shop in a 100-m² space on boulevard des Capucines (8th district), a thoroughfare that it had formerly occupied until 2009.
Hong Kong-listed luggage maker Samsonite reported a 18.6 percent rise in its 2013 profit, missing estimates, as tougher conditions in China countered its expanding business in Asia. Samsonite earned $176.
Investors cheered when Guinea's President Alpha Conde took office nearly two years ago vowing to revamp its mining sector and end the West African state's decades of investment-curbing turmoil. They're not cheering an...