The most valuable luxury brands are all over 100 years old, but under certain conditions investing in luxury start-ups can deliver stellar returns, writes Pierre Mallevays.
The most valuable luxury brands are all over 100 years old, but under certain conditions investing in luxury start-ups can deliver stellar returns, writes Pierre Mallevays.
Xi Jinping’s speech on ‘common prosperity’ was not a declaration of war on wealth but an acknowledgement that wealth is concentrated in too few hands. A larger middle class could actually create revenue opportunities at entry level prices for luxury brands.
Xi Jinping’s speech on ‘common prosperity’ was not a declaration of war on wealth but an acknowledgement that wealth is concentrated in too few hands. A larger middle class could actually create revenue opportunities at entry level prices for luxury brands.
The French luxury conglomerate plans to buy back up to 1 percent of its share capital over a 12-month period.
The French luxury conglomerate plans to buy back up to 1 percent of its share capital over a 12-month period.
Hedge funds have piled into a trade that could reap huge profits if loans taken out by mall operators eventually go bust. But there's one catch: the mall industry refuses to die.
Hedge funds have piled into a trade that could reap huge profits if loans taken out by mall operators eventually go bust. But there's one catch: the mall industry refuses to die.
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The clothing retailer will struggle to match this year's payout.
The clothing retailer will struggle to match this year's payout.
The German sportswear brand nudged up its sales and profit guidance for 2018, but warned of volatile currencies and the threat of a US-China trade war.
The German sportswear brand nudged up its sales and profit guidance for 2018, but warned of volatile currencies and the threat of a US-China trade war.
The French luxury conglomerate is selling its 50 percent share of the label back to the designer after a 17-year partnership.
The French luxury conglomerate is selling its 50 percent share of the label back to the designer after a 17-year partnership.
The French luxury-goods group has responded to reports that it used a Swiss-based scheme to evade taxes on earnings from brands like Gucci and Saint Laurent.
The French luxury-goods group has responded to reports that it used a Swiss-based scheme to evade taxes on earnings from brands like Gucci and Saint Laurent.
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The e-commerce giant is working on a plan to list on a stock exchange in its home country, according to sources.
The e-commerce giant is working on a plan to list on a stock exchange in its home country, according to sources.
The decision is a sign of confidence as Adidas' CEO tries to increase sales to about €26 billion by 2020.
The decision is a sign of confidence as Adidas' CEO tries to increase sales to about €26 billion by 2020.
The Italian handbag maker’s turnover grew 20 percent last year, fuelled by strong demand in the Asia-Pacific region and its digital investments.
The Italian handbag maker’s turnover grew 20 percent last year, fuelled by strong demand in the Asia-Pacific region and its digital investments.
Prada shares jumped to its highest level since June 2015.
Prada shares jumped to its highest level since June 2015.
Activist fund Oasis Management Co. is calling on the Japanese personal care company to convene an extraordinary general meeting, seeking a probe into its supply-chain risk management and internal control.
The retailer surpassed annual sales forecasts but expects a $60 million drag from import tariffs in the first half of 2026.
The transaction gives FSI, a Milan-based private equity fund, a controlling share in the Italian luxury house, as more founder-owned brands turn to investors to fund growth and weather a tough global market.
Spend growth at off-price chains is among the strongest in retail, with gains across all income segments.
The retailer said it was accounting for the 15 percent tariff announced by US president Donald Trump after the Supreme Court struck down most of his earlier tariffs.
Melissa Sperau, formerly of Shiseido, will join the US prestige cosmetics maker effective March 6.
The US fragrance giant forecast a steeper decline in annual sales than anticipated by Wall Street, as budget-conscious shoppers pull back on buying scented candles and fragrances.
The US wearable tech company intends to add more than 600 new roles across various departments, founder and chief executive Will Ahmed told Bloomberg.