On Tuesday, the shoe and fashion designer announced the creation of the new End AIDS Coalition at the International AIDS Conference on HIV Science in Paris. The Coalition will bring together global leaders in the fight against AIDS.
French luxury group Kering delivered a forecast-beating rise in first-half operating profit on Thursday reflecting a continued revival of its biggest brand, Gucci, and a strong showing by Yves Saint Laurent.
The Advocate General of the Court of Justice of the EU has confirmed luxury goods manufacturers can prohibit their authorised retailers from selling products on third-party platforms such as Amazon or Ebay.
Traffic was moderate but the mood ebullient at Pure London, the fashion trade show which this season focused on interplanetary travel, exotic ethnic designs and techy sportswear. The three-day show ended Monday night.
Japan’s department stores saw higher sales in June, welcome news after sales fell in May, the sector’s industry body has said. An increase in April too suggests the sector might be on the recovery trail.
Michael Kors has reached a deal to buy its smaller luxury segment peer Jimmy Choo for almost £900 million, well above the £800 million that was expected. It plans fast expansion and a move into new fashion product areas.