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Demographics is dead: St. Regis exec

September 10, 2014

NEW YORK – As Starwood Hotels and Resorts expands to meet the evolving global consumer, it does not have to contend with the baggage of heritage, according to an executive at Luxury Retail Summit 2014 Sept. 9.

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Michael Kors’ shares slip as shareholder sells stake

September 5, 2014

Michael Kors announced that it will hold a secondary public offering of about 11.6 million shares owned by Sportswear Holdings Limited.

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Belstaff adds new women’s wear creative director

September 4, 2014

British fashion brand Belstaff has announced a new head of women’s wear, Delphine Ninous.

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LVMH and Hermès’ feud resolved with share redistribution

September 3, 2014

Luxury conglomerate Louis Vuitton Moët Hennessy and French leather goods maker Hermès have buried the hatchet in the Commercial Court of Paris.

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Aston Martin places emphasis on technology with new CEO

September 2, 2014

British automaker Aston Martin is looking forward with the appointment of Andrew Palmer as its next CEO.

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Kering moves eyewear in-house to get full benefit of business potential

September 2, 2014

Kering has announced plans to take back control of its eyewear business to capitalize on the full value of that segment of its business.

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Hermès net profits increase 8.1pc

August 29, 2014

French leather goods maker Hermès reported an 8.1 percent increase in first half net profits.

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Ferragamo sales climb 5pc

August 28, 2014

Italian fashion label Salvatore Ferragamo posted increased sales for the first half of 2014, but net profits decreased 6 percent.

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Scotland’s independence referendum stokes economic concerns

August 28, 2014

Scottish business owners fret that independence from Britain could result in widespread economic uncertainty since fundamental issues would need to be hammered out, and uncertainty is hardly a boon for business.

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Tiffany & Co. reconfigures share prices after profitable Q2

August 27, 2014

For the second quarter of 2014, jeweler Tiffany & Co. saw a net sales increase of 7.2 percent from the year-ago period, causing market investors to reevaluate the brand’s stock prices.

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