The International Luxury Business Association is organising the third edition of its Luxury Outlook conference in Paris on November 24 around the topic of how to grow the luxury business in developed markets. The three countries studies will be Japan, Germany and the United States.
Italian fashion house Prada SpA, whose June IPO was the biggest in Hong Kong this year, is buying nearly one-fifth of the up to $130 million initial public offering of local handbag maker Sitoy Group, IFR reported on Monday, citing sources with knowledge of the deal.
Global miner Anglo American's (AAL.L) shares rose 4 percent on Thursday after it sold a stake in its southern Chilean copper business for $5.4 billion, a surprise move that signaled an aggressive stance in negotiations with state-owned Codelco.
Safilo Group, worldwide manufacturer in the premium eyewear sector, and the luxury brand Céline, announced on Tuesday the signing of a multi-year licensing agreement for the production and worldwide distribution of Céline eyewear.
The world's biggest jeweller began pre-marketing a planned $3 billion Hong Kong IPO on Monday, as some analysts warned that even with increasing demand for luxury goods among wealthy Chinese, the company's anticipated valuation may not be as dazzling for investors.
The official residence of Tunisia's disgraced first couple housed 1,000 pairs of designer shoes, 1,500 jewellery items and massive stocks of sanitary products, a report published Friday said."I feel ashamed.
Sheepskin skirts and delicate bead embroidery shone on a Bucharest catwalk on Thursday in a one-of-a-kind ethnic fashion show blending the skills of a French designer and centuries-old Romanian handicraft.
Liz Claiborne Inc's new streamlined model helped the company post an adjusted quarterly profit, as the owner of the Juicy Couture, kate spade and Lucky Brands revamps itself to cut debt and focus on its core brands.