Luxury apparel

The rise in global spending on luxury goods, including clothing and shoes, is on the up. But the latest research shows this highly competitive market is no longer just for the elite – and that brand loyalty has been replaced by a love of experience.

Luxury shoppers lured by innovation

4 September 2006

UK: Marchpole signs acquisition, distribution deals

21 August 2006

Brand manager Marchpole Holdings has agreed to buy luxury clothing company Homebody Limited as part of its growth strategy and has also signed a distribution deal for the United Arab Emirates (UAE).

ITALY: Prada FY profit soars to EUR47m

2 August 2006

Fashion and luxury house Prada has reported full-year profit and sales growth after boosting productivity and efficiency and controlling expenses.

US: Coach bags strong Q4, FY growth

2 August 2006

Luxury accessories company Coach has reported fourth-quarter and full-year sales and income growth, which it is "extremely pleased" with, said chairman and CEO Lew Frankfort.

FRANCE: PPR sales up in Q2, H1

28 July 2006

Luxury and retail group PPR has reported second-quarter revenue growth, boosted by good growth within its luxury brands businesses.

FRANCE: Hermes sales growth slows in Q2

27 July 2006

Luxury goods house Hermes International reported a 7.9% upturn in first-half sales but admitted growth slowed down in the second quarter of the year.

FRANCE: LVMH boosts H1, Q2 revenues

25 July 2006

Luxury goods firm LVMH enjoyed a 13% first-half revenue rise, with sales up 12% in the fashion and leather goods businesses.

UK: Burberry wins trademark case against Marco Leather

21 July 2006

Luxury clothing brand Burberry said it has won a trademark case against Marco Leather, landing itself with US$100m compensation.

UK: Burberry Q1 revenue grows 12%

12 July 2006

Luxury goods brand Burberry said it looks set to meet full-year forecasts as it reported a 12% first-quarter revenue increase.

HONG KONG: Dickson Concepts plans to buy Hilfiger Asia-Pacific

7 July 2006

Luxury goods company Dickson Concepts (International) Ltd is on line to purchase the issued share capital of Tommy Hilfiger Asia-Pacific Ltd for HK$396m (US$50.8m).

FRANCE: Louis Vuitton triumphs over Google in trademark case

29 June 2006

Luxury goods maker Louis Vuitton has scored another victory in its fight against fakes after the Paris Court of Appeals confirmed previous sanctions against Google and its French subsidiary.

BELGIUM: EU, US step up fight against counterfeit goods

21 June 2006

The US and European Union are today launching a crackdown on the trade in counterfeit products such as luxury goods, medicines and electronic appliances from China and Russia.

CHINA: Markets agree to crack down on fake traders

8 June 2006

Some of the world’s biggest fashion and sportswear brands yesterday (7June) signed a deal with landlords at Beijing’s retail markets to stop the sale of counterfeit bags and clothing.

US: Luxury spending on the up - report

6 June 2006

The rise in global spending on luxury goods, including clothing and shoes, is set to accelerate and could triple over the next four years, according to a report by US consulting firm Bain & Co.