LONDON, United Kingdom — London is getting a new fashion extravaganza — the Victoria's Secret Show, which will take place for the first time in the British capital this year.
PARIS, France — Digital Luxury Group, a marketing consultant, said it acquired social networking and news company Luxury Society, to expand its research on the market for high- end goods.
HONG KONG, China — Workers at a Chinese factory owned by the world's largest maker of athletic footwear are striking in a dispute over benefits.A worker said more than 10,000 employees at Yue Yuen Industrial's plant in the southern province of Guangdong joined the strike on Tuesday.
GENEVA, Switzerland — Rolex will make its third CEO change since 2008 after naming Jean-Frederic Dufour to become chief executive officer of the 109-year-old maker of Swiss timepieces.
FRANKFURT, Germany — Hennes & Mauritz (H&M), the world's second-biggest fashion retailer, supports higher wages for textile workers in Bangladesh, its chief executive said, but warned that higher costs could also prompt some companies to go elsewhere.
PARIS, France — LVMH Moet Hennessy Louis Vuitton SA bought the Clos des Lambrays vineyard to expand into Burgundy, adding to its holdings in Bordeaux, Champagne and the New World.
MILAN, Italy — Italian fashion and leather brand Gucci will take direct control of its shops in Moscow and open two new points of sale in the Russian capital, the company said on Monday.
SOLOMEO, Italy — Brunello Cucinelli said he’s optimistic about his namesake cashmere clothier’s prospects amid strong demand for the most exclusive luxury goods.
PARIS, France — L’Oréal SA, the world’s largest cosmetics maker, reported a 2.2 percent drop in first-quarter revenue as unfavorable currency fluctuations and slowing demand in North America weighed on growth.