BoF editor-in-chief Imran Amed recaps the week in the business of fashion.
PARIS, France — LVMH Moet Hennessy Louis Vuitton SA fell to the lowest price in four months in Paris after reporting the slowest fashion and leather goods sales growth in more than three years as demand for Louis Vuitton handbags softened.
PARIS, France — LVMH Moet Hennessy Louis Vuitton SA, the world’s largest luxury-goods company, reported first-quarter sales growth that matched estimates, led by gains in the wines & spirits unit and at DFS duty-free stores.
L Capital Asia and Malaysia’s YTL Corporation have acquired a 49.9 percent stake in Australian boot and apparel retailer R.M. Williams.
April 15 (Bloomberg) -- For decades, made-in-Asia luxury has been shorthand for “fake.” Now, companies from South Korean bag maker Couronne to Malaysian dressmaker Farah Khan are making a case for homegrown chic.
Couronne, Khan and brands such as Woo, a Shanghai-based producer of silk scarves, are winning clients with products that can rival goods made in Europe. Their growing popularity, amid slowing sales