Today's News

Even Hermès Can’t Outrun Luxury’s Slowing Demand

In a week of weak results including LVMH and Kering, China’s fragile recovery weighs on the sector.

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Behind the QVC Group Collapse, a Loss of Relevance and Late to Innovate

Industry sources believe QVC Group with roughly $10 billion in revenues, still has a reason to exist but faces huge hurdles to cross for survival.

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Kering Announces Investment in Chinese Fashion Group Icicle

The group operates the Icicle and Carven brands.

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Kering Aims to Double Profitability ‘Mid-term’ as Part of Strategic Roadmap

The ailing French luxury group is targeting a recurring operating margin of at least 22 percent as part of its turnaround plan.

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Dick’s Taps Christy Turlington and Daughter for Calia Campaign

The sporting goods retailer is expanding its second largest women's brand into more lifestyle product.

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Tory Burch Refinances to Buy Out Longtime Backer General Atlantic

The private equity company bought into the designer brand in 2012. 

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Kering Launches Accademia per le Eccellenze to Preserve and Advance Italian Craftsmanship

Kering's CEO Luca de Meo and Pomellato CEO Sabina Belli unveiled a new initiative to train future artisans and professionals, ensuring the evolution of Italy's craftsmanship heritage.

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