Retailers Applaud Extended Chinese Visas, Encouraging International Shopping


Washington–The National Retail Federation today was among the retail groups that applauded the announcement that the United States … [Read more...]

Crocs Q3 Earnings Up, But Forecast Weak


Niwot, CO—Crocs Inc. said Monday afternoon that its third quarter nearly a 5% sales increase but its profit missed analysts’ … [Read more...]

AAFA, China Counterpart Forge Partnership

usa - china flag (2)

Arlington, VA—The U.S. and Chinese governments may be on dicey terms, but two major fashion industry groups are in … [Read more...]

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


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


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


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.


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


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


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...]