PARIS, France — The owner of Giuseppe Zanotti, an Italian luxury shoemaker, has appointed an adviser to help it explore a possible sale of the maker of $3,250 heeled sandals and $875 sneakers, three people with knowledge of the matter said.
NEW YORK, United States — While the most well-heeled shoppers still think nothing of dropping $4,600 on an Hermes tote, cracks have appeared in the $94 billion U.S. luxury market, especially for companies that cater to “Henrys” -- High Earners Not Rich Yet.
DALLAS, United States — The inspiration for Chanel's Metiers d'Art traveling fashion show this year will come from Dallas, the Texas city where Coco Chanel was once given a warm welcome that included being picked up at the airport in a white Rolls-Royce and being feted at a Western-themed party complete with a catwalk featuring cows.
MADRID, Spain — Inditex SA, the owner of the Zara and Massimo Dutti chains, reported nine-month profit in line with analyst estimates as the retailer expanded online.
The China Edit is a weekly curation of the most important fashion business news and analysis from and about the world’s largest luxury market.