China


Prada 9-Month Report Profits Triple

Prada

Milan--Prada SpA, which reportedly is examining options to revive an initial public offering, said today its nine-month profit … [Read more...]

Gap Reaffirms Full Year Estimate Despite Q3 Profit Fall

Gap Inc.

San Francisco--The cost of expanding its business overseas has dragged on Gap Inc's third quarter, after the specialty clothing … [Read more...]

Burberry’s First Half Up 46%

Burberry storefront

London--Burberry today booked a 46% hike in first-half pre-tax profit, helped by strong growth of its apparel and leather bags in … [Read more...]

Bebe Warns of Higher Costs as Q1 Loss Narrows

Bebe

Brisbane, CA--Bebe Stores Inc. has narrowed its first quarter loss after lower markdowns helped offset falling sales, but says … [Read more...]

Gucci Brand Helps PPR’s 3Q Sales Rise 13%

Gucci 2011

Paris—PPR, the luxurygoods conglomerate that owns Gucci, Yves Saint Laurent and Bottega Veneta, reported Thursday that its third … [Read more...]

CPSC Urges Voluntary Cadmium Limits

CPSC

Washington—The Consumer Product Safety Commission (CPSC) said Tuesday that jewelry manufacturers, consumer groups and other … [Read more...]

Bain: Luxurygoods Sales Recover This Year, Slow Down in 2011

Luxury Goods

Milan--The United States and Asia have been behind an unexpectedly strong recovery in luxury spending this year but sales are … [Read more...]

Coach Reshuffles Asian Management

Coach Logo

New York--Coach has made a number of senior management changes in Asia as the brand seeks to drive expansion in the region. The … [Read more...]

Burberry Pushes into China as Half Year Sales Rise

Burberry

London—Burberry executives said today that the company will continue its push into China after the British luxury house posted a … [Read more...]

Retailers vs Manufacturers Over China Currency Bill

China Currency

Washington—While The House of Representatives’ 348 to 79 vote Wednesday in favor of the Currency Reform for Fair Trade Act has … [Read more...]

China Currency Bill Divides Textiles, Apparel Groups

China Currency

Washington--China currency legislation being considered by Congress has divided textile makers and apparel importers over its … [Read more...]

Hermes Launches its First Chinese Luxury Brand

Hermes Launches its First Chinese Luxury Brand

Hong Kong—Hermès opened today its latest retail concept, Shang Xia, the first of what the French luxurygoods company hopes will be … [Read more...]