Fashion
Cannes festival hit by second suspected jewelry theft
CANNES - The Cannes film festival was hit by a second suspected jewelry heist on Thursday after a diamond necklace worth 2 million euros ($2.6 million) disappeared during a star-studded party, according to upmarket jeweler De Grisogono.
Prada says not planning on making acquisitions
MILAN - Italian fashion house Prada is not planning on returning to the acquisition trail for now, its chief executive said on Thursday, dousing speculation it might be in the hunt for deals.
Prada says not planning on making acquisitions
MILAN, May 23 - Italian fashion house Prada is not planning on returning to the acquisition trail for now, its chief executive said on Thursday, dousing speculation it might be in the hunt for deals.
Armani sees no slowdown, even in China
PARIS/MILAN - Italian fashion house Giorgio Armani on Tuesday said it had not seen a slowdown, even in China, the industry's main engine of growth, where rivals noted more muted demand in recent months.
UPDATE 1-Armani sees no slowdown, even in China
PARIS/MILAN May 21 - Italian fashion house Giorgio Armani on Tuesday said it had not seen a slowdown, even in China, the industry's main engine of growth, where rivals noted more muted demand in recent months.
Burberry profit rises 14 percent on Asia retail growth
LONDON - British luxury group Burberry said full-year pretax profit rose a better-than-expected 14 percent on strong retail growth in Asian markets, where it is increasing numbers of Burberry branded stores.
RPT-UPDATE 1-Burberry profit rises 14 percent on Asia retail growth
LONDON, May 21 - British luxury group Burberry said full-year pretax profit rose a better-than-expected 14 percent on strong retail growth in Asian markets, where it is increasing numbers of Burberry branded stores.
UPDATE 1-Burberry profit rises 14 percent on Asia retail growth
LONDON, May 21 - British luxury group Burberry said full-year pretax profit rose a better-than-expected 14 percent on strong retail growth in Asian markets, where it is increasing numbers of Burberry branded stores.
Jewels stolen in Cannes, Chopard says not for stars
CANNES, France - Chopard jewelry worth $1.4 million intended to adorn movie stars at the Cannes film festival has been stolen, a police source said on Friday, but the company said the value had been exaggerated and the items were not for actresses to use.
Jewellery expected to help Richemont to outshine peers
ZURICH, May 17 - Luxury goods group Richemont's strong position in the jewellery market and its plans to develop this business further will help it to outperform rivals in coming months, analysts said.
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