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LVMH sells Donna Karan International to G-III in $650M deal

July 25, 2016

Conglomerate Moët Hennessy Louis Vuitton has entered a definitive agreement to sell the Donna Karan International business to fashion group G-III.

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Belstaff delays IPO to concentrate on UK growth

July 22, 2016

British apparel label Belstaff will hold off on its initial public offering plans.

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Estée Lauder hires from within as Tom Ford Beauty accelerates

July 22, 2016

Cosmetics conglomerate Estée Lauder Cos. has named Guillaume Jesel as Tom Ford Beauty’s global brand president.

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Tesla outlines new vehicles, autonomy, sharing, public transportation

July 22, 2016

U.S. electric automaker Tesla Motors has unveiled the second part of its master plan.

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Hermès Group sales rose 7pc in H1 2016

July 21, 2016

Currency fluctuations at the end of June dealt an approximate $27.5 million hit to Hermès Group’s revenues.

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Holt Renfrew appoints Joe Fresh’s Mario Grauso as president

July 21, 2016

Canadian department store chain Holt Renfrew has named a new president to lead the retailer’s expansion efforts.

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Designer movement persists as Peter Copping exits Oscar de la Renta

July 21, 2016

Designer Peter Copping is leaving the creative director position at Oscar de la Renta, citing personal reasons for his departure.

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Automaker stocks recover, but taxation and regulations hover over post-Brexit world

July 21, 2016

Automaker stocks plunged following the Brexit referendum but now appear to have recovered.

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Louis Vuitton rumored to swap out Ghesquière for Loewe’s Anderson

July 20, 2016

Is LVMH’s Louis Vuitton preparing to be the next luxury brand to see its creative director position change hands?

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Madison Avenue BID sees retail growth for H1 2016

July 20, 2016

With sky-high rents for storefronts on Fifth Avenue, luxury retailers are beginning to relocate and revamp on nearby Madison Avenue.

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