
Brown, who parted ways with LVMH at the end of 2015, is designing a new course for second-year MBA students called The Business of Aesthetics.
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Brown, who parted ways with LVMH at the end of 2015, is designing a new course for second-year MBA students called The Business of Aesthetics.
Italian handbag maker Furla has seen full-year comparable sales rise by 23 percent, confirming consumers' growing appetite for accessible luxury brands while demand for bigger, more expensive labels continues to wane.
Chinese shoppers accounted for 46% of all global luxury sales in 2015, with 78% of the goods purchased overseas, according to a market report by consulting firm Fortune Character.
Twitter shares closed down almost 5 percent on Monday as a management exodus sparked investor concerns over unsettled leadership and stalled growth at the online social media company.
British activewear brand Sweaty Betty has appointed Erika Serow as President and CEO of the US business, effective January 18, 2016.
Dior has opened a lavish flagship store in Beijing, currently its largest in China, where the fashion label is upholding its image and affirms it maintains a strong position.
Sellers of Western luxury brands eager to capitalize on the new wealth of Chinese consumers are showering attention on mainland students in the United States, even as sales in China falter.
Bain Capital's Edcon , a South African retailer, said on Monday it had secured a repayment deal on debt of 7.9 billion rand ($548 million) and access 1.85 billion rand to pay down some bonds.
Sales growth in the global personal luxury goods market has slowed this year to 1-2% from 3% in 2014 at constant currencies, hit by lower demand in mainland China and Hong Kong, consultancy Bain & Co said in a study.
Anish Melwani has been appointed CEO of LVMH Inc., the US-based subsidiary of French luxury group LVMH. The nomination takes effect January 4th.