European Stocks Rise as LVMH, Burberry Report Sales Gains


LVMH Q1 Sales Rise 17%, Strong Across All Categories Paris—LVMH, the world’s largest luxurygoods conglomerate, reported Monday … [Read more...]

Coach Mulls Listing in Hong Kong Stock Market?

Coach flagship store in Hong Kong

New York--Coach Inc. may be following in the footsteps of Prada Group, which soon plans to launch its initial public offering on … [Read more...]

Prada’s 2010 Profits Leap 85%


Milan--On the eve of its expected stock market listing, Prada reported Monday that its 2010 operating profit leaped 85% in … [Read more...]

On Eve of IPO, Prada Posts 31% Gain in 2010


Milan—As Prada prepares to go public in the Hong Kong market, the luxury brand reported today that its 2010 sales jumped 31% to … [Read more...]

Prada Confirms Going Public in Hong Kong


Milan—Ending months of delays and denials, Prada said in a statement today that its board voted to start the process of a public … [Read more...]

U.S. Demand Bolsters Luxottica’s Outlook

Police by MARR International

Milan—Reporting a strong surge in demand from both the United States and Asia, Luxottica, the world’s biggest premium eyewear … [Read more...]

Richemont Q3 Sales Up 23%


Geneva—Although Richemont reported today a 23% increase in its third quarter sales, the company cautioned that its fourth quarter … [Read more...]

Gap’s ‘Made in USA” Feed Bags Made in China

Gap's Made in USA FEED bag

San Francisco--The Gap can’t catch a public relations break. After the retailer's recently attempted rebranding debacle, which … [Read more...]

82 Websites Closed for Selling Fake Merchandise

Fake Handbags

Washington—While a record number of shoppers made purchases online this week, which began with Cyber Monday, there were 82 … [Read more...]

Prada 9-Month Report Profits Triple


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

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...]

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...]