Designer collaborations are helping Hennes & Mauritz rise above a reputation for cheap chic, but the world's second-biggest clothing retailer could do more to entrench that upmarket lift and defend its shrinking margins.
India's nascent luxury market is set to accelerate next year, crossing the $10-billion mark, boosted by a new breed of wealthy "closet" consumers whose spending power is increasing, a report released Tuesday said.
Interparfums has reported revenue of 218 million euros for the first half of 2013 ended June 30th. Excluding Burberry brand sales – who bought back their licensing contract effective March 2013 – sales at the company ...
Fossil has renewed and extended its licensing agreement with premium eye wear group Safilo for the design, production and global distribution of its eye wear. Previously, the agreement covered the North America region.