Hermès is being accused of unlawful “tying” in a class action lawsuit in the US.
The stock dropped as much as 14 percent in early Paris trading, wiping more than €7 billion ($7.6 billion) from its market value.
An executive shakeup at the embattled sneaker seller adds a new layer of complexity as sales and profit continue to decline.
Following the launch of the latest spring campaign, Calvin Leung shares how Gap is re-centring on its purpose to reignite the brand, fostering a culture of...
Congressman Robert Garcia sent a letter Friday to Loro Piana Chairman Antoine Arnault and chief executive Damien Bertrand demanding the company provide written answers to Congress...
The news comes six weeks after No Ordinary Designer Label, which trades under Ted Baker’s brand, terminated its partnership with Dutch firm AARC on Jan. 29.
Kering’s first-quarter revenues will likely decline by 10 percent on a comparable basis, the Paris-based luxury group flagged on Tuesday.
The LVMH-owned beauty retailer will cease all local operations in Korea beginning May 6.
The lacklustre month follows a 19 percent year-on-year drop in January, the bank’s analysts said. LVMH, Brunello Cucinelli and Ferragamo are among the companies most exposed...
Spending data shows millions of consumers are shopping on the Chinese app after seeing its ubiquitous marketing. Worryingly for competitors, customers appear to like what they’re...