Hong Kong


Burberry’s First Half Sales Rise, But Warns About Second Half

burberry

London--Burberry Group Plc today blamed a deteriorating market for hurting will hurt profitability this year, the latest among … [Read more...]

J. Crew Q2 Net Falls 38% Despite Sales Rise

jcrew

New York—J. Crew Group Inc. said Thursday that its second quarter profit fell 38% as the privately held retailer posted higher … [Read more...]

LVMH First Half Profit Hit by Exchange Rates

Pre-fall look at LVMH's Fendi brand, a strong first half performer

Paris—LVMH—the world’s largest luxurygoods conglomerate—felt the sting of a “pressured” Asian market that pushed its profit and … [Read more...]

Swatch First Half Earnings Drop for First Time in 5 Years

Nicole Kidman, one of the brand ambassadors for Swatch Group's Omega brand

Zurich—Reporting its first drop in half year earnings in five years, Swatch Group today warned of an uncertain second as Hong … [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...]

J. Crew Heads to China with Lane Crawford’s Help

Lane Crawford’s Seasons Place in Beijing, a three-level flagship designed by Yabu Pushelberg, is one of the stores that will house the J. Crew collection.

New York—It seems like every U.S. retailer is thinking about business in China. Whether it’s opening flagships, like the Gap has, … [Read more...]

Coach to Begin Hong Kong Listing

Coach's flagship store in Hong Kong

Hong Kong--Coach Inc. said today that it plans to begin its secondary listing on the Stock Exchange of Hong Kong (SEHK) on Dec. … [Read more...]

Coach Moves Closer to Hong Kong Stock Exchange Listing

Coach's flagship store in Hong Kong

Hong Kong—Coach Inc. is reportedly seeking approval from the Hong Kong stock exchange for a listing through an issue of Hong Kong … [Read more...]

Prada IPO Said to Raise $2.6 Billion Ahead of Listing

Prada

 Hong Kong—Italian luxurygoods conglomerate Prada SpA may raise some $2.6 billion in its initial public offerings on the … [Read more...]

Prada’s 2010 Profits Leap 85%

Prada

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

Prada

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

Prada

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...]