The deal, whose financial terms were not disclosed, follows Galeries Lafayette's 2012 acquisition of French jeweller Guerin.
It is hoped the deal will accelerate the department store chain's digital expansion as it looks to better compete with online retail giants such as Amazon.
Fashion is making significant strides toward more diverse industry ideals of beauty, says Ivan Bart, president of IMG Models.
PARIS, France — Kering SA, the owner of Gucci, entered exclusive talks to sell La Redoute to management, aiming to complete the disposal of the
PARIS, France — Kering, formerly called PPR, said it expects net income this year to drop "very significantly," hurt by one-time charges related to