China


Tiffany Q3 Profit Shines at 27% Increase

Tiffany blue box

New York—Buoyed by improving demand for jewelry in the United States and strong growth in Asia, Tiffany & Co. reported today … [Read more...]

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...]