China


LVMH Sales Up Despite Weakness in Asia

What happens when Christian Louboutin designs for Louis Vuitton's Monogram Collection: a Shopping Trolley. Retail: $23,000

Paris—LVMH, “the world's biggest luxury group,” reported today that sales were up in its third quarter as business picked up in … [Read more...]

Global Luxury Business to Hit $405 Billion in 5 Years

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London--Euromonitor International, a market research firm, predicts that the worldwide luxury business will grow 19 percent to … [Read more...]

Metropolitan Museum to Salute Chinese Art, Fashion at Costume Institute

Tom Ford for Yves Saint Laurent, Paris Fall/winter 2004–5
Courtesy of The Metropolitan Museum of Art, Photograph by Marcio Madeira, © firstVIEW

New York–Greater China and Asia are hot! It’s not just a matter of economics either. The Spring runways featured an array of … [Read more...]

Week in Review: What You Missed

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New York—Finally something spooky for retailers that won’t frighten even most cynical of Wall Street analysts: potential Halloween … [Read more...]

Li & Fung: China Consumption Growth to Bring Major Change

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Paris--Not content with dominating the global exporting landscape, China is now switching its focus to growth in domestic … [Read more...]

Li & Fung Profit Rises 16% on Improved Sales to U.S.

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Hong Kong—Li & Fung, one of the world’s largest suppliers to retailers, , the world’s reported first-half profit rose 16% … [Read more...]

Week in Review: 10 Things to Know

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New York—Thank heavens for international sales. Especially if you are a Michael Kors, Coach or Prada. Those luxury leathergoods … [Read more...]

Coach: China Sales Offset Falling North America Sales

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New York—After four quarters of disappointing sales, Coach Inc. today managed to beat estimates in its fourth quarter earnings … [Read more...]

Hermès Q2 Sales Slow, Hit by Currency Exchanges

"Once upon a time in the Wild West of Paris"...Hermès interprets Western

Paris— Hermès International SCA reported today that its second quarter sales trailed estimates as the weakness of the yen and a … [Read more...]

Burberry’s Sales Rise Bolstered by China

Fall/Winter campaign for Burberry

London—Heading into an annual meeting on Friday, Burberry reported today that its sales were strong especially out of Greater … [Read more...]

Gap Inc. Q1 Profit Falls 22% But Still Beats Estimate

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San Francisco--Gap Inc. reported Thursday that its first quarter profit fell 22%, hindered by foreign currency fluctuations and … [Read more...]

Week in Review: Top 10 Articles to Remember

Getting it right: Hearts on Fire

New York—First quarter earnings reports have begun trickling in…and you know what? They’re better than expected.Despite … [Read more...]