L’Oreal Chairman Dons Lipstick to Highlight Digital Push

L'Oreal's Makeup Genius app | Source: L'Oreal

PARIS, France — When Jean-Paul Agon put on makeup at a L’Oreal SA board meeting last month, the biggest surprise wasn’t how the French company’s chairman looked in its lipstick, blush and eyeshadow. It was how easy it was to take it off.

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LVMH Results Send Chill Across Luxury Goods Sector

Christian Dior, the luxury goods group, is the main holding company of LVMH | Source: Reuters

PARIS, France — The outlook for the luxury goods industry darkened on Friday as poor results from industry leader LVMH showed how the strong euro and political protests in Hong Kong were major factors curbing spending by Chinese and Russian customers.

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American Apparel Names First Female Director in Board Shake-Up

American Apparel store | Source: American Apparel

LOS ANGELES, United States — American Apparel Inc., the controversial clothing chain that has battled sexual-harassment lawsuits, named the first woman to its board as part of a shake-up following the ouster of its founder last month.

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Tiffany CEO Kowalski To Retire, President Cumenal To Take Over

President Frederic Cumenal will take over as CEO at Tiffany's | Source: Courtesy

NEW YORK, United States — Tiffany & Co. Chief Executive Officer Michael Kowalski will step down in 2015 after more than 15 years running the luxury jeweler, passing the reins to President Frederic Cumenal.

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