Haelixa, Trudel offer end-to-end silk production traceability
The collaboration between Haelixa and Trudel aims to enhance silk's traceability through the integration of DNA markers into the silk…
Luxury brands
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Advent International, Zimmermann deal to aid Asia, Middle East expansion
Advent International has secured a majority stake in Australian luxury fashion brand, Zimmermann, from Italian private equity firm Style Capital…
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US: Brioni rated top men’s fashion brand in luxury survey
Brioni has rated the most prestigious luxury men's fashion brand in a new survey carried out among wealthy consumers. Armani…
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Japan heads for new boom in luxury brands
The return of the GBP20,000 cocktail – it has diamonds instead of ice – and the GBP60 hamburger to Tokyo,…
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INDIA: British luxury brand Dunhill to open stores
British men’s luxury goods firm Alfred Dunhill is to open four stores in India after signing a marketing agreement with…
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US: Polo Ralph Lauren looking to grow in India?
US luxury fashion brand Polo Ralph Lauren is refusing to be drawn on reports it is staging talks with Indian…
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ITALY: Tod’s Q1 net profit rises 7% on strong shoe sales
Luxury goods maker Tod's Group SpA yesterday (14 May) posted a 7% rise in first quarter profit, boosted by strong…
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FRANCE: PPR makes Puma buyout bid official
Luxury goods group PPR has officially tabled a friendly voluntary takeover offer for the remaining 72.9% of German sportswear firm…
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FRANCE: Hermes reports first quarter 6.5% sales rise
Luxury goods maker Hermes International has posted a 6.5% increase in like-for-like sales for its first quarter, despite a decrease…
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US: Liz Claiborne acquires half of Narciso Rodriguez
A week after reporting sharply lower profits resulting principally from weakness in its moderate brands, Liz Claiborne Monday (7 May)…