China is estimated to become the world’s largest luxury goods market over the next decade, boosted by rising incomes and a transition from saving to spending culture, said a report on Wednesday.
Gucci will record a few lines for her new song Hit
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French holding company, PPR, is entering into exclusive negotiations with South Africa-based Steinhoff International Holding Ltd for a $1.6 billion deal to sell its Conforama furniture unit, the company said in a statement on Thursday.
Jay-Z and Gucci fashion house have come up with a leather bomber jacket to release his book 'Decoded' in a unique way. An interactive game with the Microsoft search engine Bing has been created to enable people to unlock clues to preview pages of the book.
Nicknamed the hooligan of British fashion for his close-cropped hair, trademark Doc Marten boots and shocking catwalk collections, McQueen rose from teenage trainee tailor to runway darling before the age of 30. He had been expected to unveil his new collection at Paris Fashion Week in March.
Angelina Jolie is in talks to play a femme fatale in Gucci, a film about the Gucci fashion dynasty directed by Ridley Scott.
The Della Valle family's stake in Italian debt-laden eyewear maker Safilo is a good investment and the company could do great things with a local rival, Diego Della Valle said in a Saturday newspaper interview.
Safilo said on Tuesday it had received no binding offer for the firm after shareholders in a local rival bought into the debt-laden eyewear maker and a report said another stakeholder was mulling a bid.
Debt-laden Italian eyewear maker Safilo, which has been seeking to strengthen its balance sheet, postponed release of its first-half results on Monday after talks with private equity groups fell through.
Japanese fashionistas queued around the block to spot celebrities and buy handbags at the opening of Giorgio Armani's new tower in Tokyo, showing that when it comes to a love for luxury labels, few can match Japan.
Calvin Klein (CKI), a wholly owned subsidiary of Phillips-Van Heusen, has announced an exclusive distribution agreement and retail store license for India with Murjani India.
Luxury goods giant Gucci Group is gearing up to launch in India next year and is confident smaller designer brands will meet profit targets as its three-year growth plan bears fruit, CEO Robert Polet told Reuters.
Niche brands Bottega Veneta and Balenciaga are growing rapidly -- by more than 100 percent in Balenciaga's case in the first quarter. Both reached profitability two years ahead of schedule.