China


Richemont Q3 Sales Up 23%

Richemont

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

Prada

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...]

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...]