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News & Analysis

The Fancy Said Valued at $600 Million as American Express, Will Smith Invest

NEW YORK, United States — The Fancy, an online shop with items culled by customers, raised $53 million from investors including American Express Co.,

News & Analysis

The Fancy Said Valued at $600 Million as American Express, Will Smith Invest

NEW YORK, United States — The Fancy, an online shop with items culled by customers, raised $53 million from investors including American Express Co.,


Global Markets

Vuitton Tones Down for Russian Tastes Aside From Prices

Mira Duma, the daughter of former Russian lawmaker Vasily Duma, is emblematic of a new generation of Russians for whom the meaning of high fashion has shifted from flashy and expensive to understated and even more expensive.

Global Markets

Vuitton Tones Down for Russian Tastes Aside From Prices

Mira Duma, the daughter of former Russian lawmaker Vasily Duma, is emblematic of a new generation of Russians for whom the meaning of high fashion has shifted from flashy and expensive to understated and even more expensive.


News & Analysis

Douglas Said to Be Final Bidder for Sephora Retail Rival Nocibé

LONDON, United Kingdom — Douglas Holding AG, the German cosmetics retailer owned by Advent International Corp., is the final bidder for French

News & Analysis

Douglas Said to Be Final Bidder for Sephora Retail Rival Nocibé

LONDON, United Kingdom — Douglas Holding AG, the German cosmetics retailer owned by Advent International Corp., is the final bidder for French


News & Analysis

Aeffe Rules Out Sale Amid Renewed Investor Interest in Luxury

SAN GIOVANNI IN MARIGNANO, Italy — Aeffe SpA, the owner of the Moschino fashion brand, ruled out selling a stake any time soon, joining rivals such

News & Analysis

Aeffe Rules Out Sale Amid Renewed Investor Interest in Luxury

SAN GIOVANNI IN MARIGNANO, Italy — Aeffe SpA, the owner of the Moschino fashion brand, ruled out selling a stake any time soon, joining rivals such


News & Analysis

Apple Hires Yves Saint Laurent CEO Deneve for Special Projects

CUPERTINO, United States — Apple Inc. is hiring Paul Deneve, the former chief executive officer of luxury fashion house Yves St Laurent Group, to

News & Analysis

Apple Hires Yves Saint Laurent CEO Deneve for Special Projects

CUPERTINO, United States — Apple Inc. is hiring Paul Deneve, the former chief executive officer of luxury fashion house Yves St Laurent Group, to


News & Analysis

Ex-Tiffany Executive Charged With $1.3 Million Jewel Theft

NEW YORK, United States — A former Tiffany & Co. executive was charged with stealing jewelry from the company and selling it for $1.3 million.

News & Analysis

Ex-Tiffany Executive Charged With $1.3 Million Jewel Theft

NEW YORK, United States — A former Tiffany & Co. executive was charged with stealing jewelry from the company and selling it for $1.3 million.


News & Analysis

Italy Pushes $1,280 Silk Sweaters as Exporters See Slump Exit

ROME, Italy — In a small workroom whose window overlooks the Umbrian countryside, women hold gray silk-linen cardigan sweaters up to light tables

News & Analysis

Italy Pushes $1,280 Silk Sweaters as Exporters See Slump Exit

ROME, Italy — In a small workroom whose window overlooks the Umbrian countryside, women hold gray silk-linen cardigan sweaters up to light tables


News & Analysis

Chinese Malls Waive Rents as Vacancies of 30 Percent Loom

BEIJING, China — Chinese landlords are forgoing rent and paying to outfit stores for mass-market fashion brands including Zara and H&M, a bid to

News & Analysis

Chinese Malls Waive Rents as Vacancies of 30 Percent Loom

BEIJING, China — Chinese landlords are forgoing rent and paying to outfit stores for mass-market fashion brands including Zara and H&M, a bid to


Global Markets

Turkish Riots No Delight for Luxury Goods Brands Says Zegna CEO

ISTANBUL, Turkey — Social unrest in Turkey and Brazil is making it harder for luxury-goods makers to keep shoppers spending in a difficult economy,

Global Markets

Turkish Riots No Delight for Luxury Goods Brands Says Zegna CEO

ISTANBUL, Turkey — Social unrest in Turkey and Brazil is making it harder for luxury-goods makers to keep shoppers spending in a difficult economy,


News & Analysis

Americans Exit Harrods Top 10 as Chinese Flock to London Store

LONDON, United Kingdom — The days of Americans being the biggest overseas shoppers at London's Harrods store are over.

News & Analysis

Americans Exit Harrods Top 10 as Chinese Flock to London Store

LONDON, United Kingdom — The days of Americans being the biggest overseas shoppers at London's Harrods store are over.