Handbag maker Coach reported better-than-expected quarterly profit and sales, helped by the acquisition of luxury shoe brand Stuart Weitzman and some recovery in demand in North America, its biggest market.
British handbag maker Mulberry said on Thursday a return to more affordable prices had boosted sales in the first few weeks of its new financial year after an ill-fated move upmarket led to a 74 percent fall in full-y...
The French group is still at the top of the Deloitte's ranking of the 100 largest luxury goods companies, followed by Richemont and Estée Lauder like last year. And at their heels is Chinese Chow Tai Fook.
Mulberry has changed locations on Paris' luxury shopping street Rue Saint-Honoré. The English label's new flagship is now located at number 275, in what was previously an Escada store, and covers 3,200 ft².
British handbag maker Mulberry, aiming to recover from an ill-fated push upmarket, said improving retail demand and a tight grip on costs meant full-year profit would be slightly ahead of market expectations.