John Lewis ups sales guidance, sees UK recovering
John Lewis, Britain's biggest department store group, has raised its sales guidance after outperforming a flat retail market in its first quarter and believes the economy is on course for...
Today's News
Abercrombie quarterly profit shrinks
Abercrombie & Fitch Co posted an 88 percent drop in quarterly profit on Wednesday, hurt in part by difficult market conditions in Europe.
Chico's Q1 beats on robust sales
Women's apparel retailer Chico's FAS Inc reported better-than-expected quarterly results, boosted by strong sales at all its brands and the opening of new stores.
TJX raises profit view, shares rise
Off-price retailer TJX Cos Inc posted a bigger quarterly profit that topped Wall Street estimates on strong sales in Europe, and raised its full-year forecast, sending shares up as much...
Vatican, Benetton settle dispute over pope kiss ad
Italian fashion firm Benetton has agreed to make a donation to a Catholic charity to end a legal dispute with the Vatican over an advertisement that showed Pope Benedict kissing an imam...
London show celebrates 60 years of British glamour
A decadent gown made from feathers and a printed lace latex dress designed by some of fashion's luminaries will go on display as part of a new exhibition to celebrate the glitz and...
Historic diamond sells for $9.7 million
A centuries-old diamond passed down through generations of European royalty fetched nine million Swiss francs ($9.7 million) at auction in Geneva on Tuesday.
Saks sees gross margin down in current quarter
Saks Inc cautioned on Tuesday that gross margin will fall in the current quarter as it increases price cuts to clear inventory in areas like designer women's clothing, where sales...
Cotton: large stockpiles are driving prices down
The price of cotton fell to 77.16 cents last weekend as a result of an expected rise in American production and world stockpiles reaching a historic high.
Video: The Body Shop, Beauty with Heart in Action: Shea
The Body Shop recently unveiled model and actress Lily Cole as its Global Brand Advocate and face of its 'Beauty with Heart' campaign.
Dick's Sporting 1st quarter beats market expectations
Dick's Sporting Goods Inc reported quarterly results that comfortably beat Wall Street estimates, helped by stronger sales at its online business and Golf Galaxy stores.
Video: Royal Mail launches Great British Fashion series of stamps
The Royal Mail has launched a series of stamps celebrating Great British Fashion. Featuring designs from Vivienne Westwood, Alexander McQueen, Zandra Rhodes and Ossie Clark, the images...
Coty withdraws takeover bid for Avon
Fragrance company Coty Inc withdrew its $10.7 billion takeover bid for Avon Products Inc on Monday evening, saying the world's largest cosmetics direct seller had missed a deadline to...
H&M April comparable sales fall 10 percent
Swedish budget fashion giant H&M said on Tuesday sales at stores open a year or more dropped 10 percent in local currencies in April, right in line with a Reuters poll forecast.
Swiss body extends Swatch watch components measures
The Swiss competition commission said it will extend measures for Swatch Group to supply mechanical components to competitors through 2013.
Switzerland, the land that time begot
A growing number of people are attracted to a career in horology as Swiss watch firms vie to meet buoyant Asian demand and to fill the hole left when industry heavyweight Swatch decided...
Italy's Ferragamo Q1 net rises 10 percent
Italian luxury shoemaker Salvatore Ferragamo said on Monday its net profit including minorities in the first quarter rose 10.2 percent to 17 million euros boosted by higher sales.
British label Paul Smith to re-enter China
British fashion label Paul Smith said Tuesday it was planning to open 24 stores in China over the next five years in its second attempt at tapping the country's booming luxury market.
Moscow show recalls fashion behind the Iron Curtain
A sweeping new Moscow fashion exhibit illustrates the evolution of Soviet couture behind the Iron Curtain from the post World War One era to Perestroika.
Platinum surplus expected this year: study
Platinum will remain in surplus this year, weighing on prices, but sister metal palladium will switch into a deficit as demand recovers, industrials group Johnson Matthey predicted Monday.
Selfridges named Department Store of the Year
Selfridges has won the title of department store of the year at the Global Department Store Summit, held in Paris on 10th and 11th May.
Avon shares up after saying to consider Coty bid
Avon Products Inc shares rose more than 5 percent in premarket trading on Monday, a day after the cosmetics company said it would consider the latest proposal from Coty Inc, raising hopes...
Levi’s opens on the Champs Elysées, Paris
It had been the American brand’s dream for so long. And now it’s become reality: Levi’s opened last week its flagship store on the Champs Elysées in Paris.
Video: Central Saint Martins & Lacoste Eau de Lacoste L.12.12 design competition winner
To celebrate the launch of the Eau de Lacoste L.12.12 Rouge fragrance, Lacoste teamed up with Central Saint Martin's and challenged students to design original visual statements that...
Diamond prices seen up in 2012 on sparkling demand
Prices of rough diamonds are expected to rise this year after a turbulent 2011, driven by recovering consumer demand in the United States and a robust appetite for the gems in Asia.
Francesca's fires CFO over social media activity
Women's specialty retailer Francesca's Holdings Corp said it fired its chief financial officer Gene Morphis after an internal probe found that he had improperly communicated company...
Italy's Safilo to cut 1,000 jobs
Italian eyeglasses maker Safilo said on Friday it plans to cut 1,000 jobs after losing a contract to manufacture eyewear for designer Giorgio Armani to larger rival Luxottica last November.
Avon to consider Coty's $10.7 billion takeover bid
Avon Products Inc on Sunday said it told Coty Inc that it would consider the smaller company's $10.7 billion (6.6 billion pounds) takeover bid and it expected to respond within a week.
Topshop in France: speculation resurfaces…
The highly anticipated British brand has provoked rumours of its arrival in France to resurface by hiring a French press agency. After previous failed attempts and the launch of Topshop...
Italy vies for fashion medal with Armani suits
Will Italians be the best-dressed squad of the London 2012 Olympic Games? The Italy team is pinning its hopes of striking gold in the style stakes on fashion guru Giorgio Armani, and his...
John Lewis sales rise as rain keeps falling
Britain's biggest department store chain John Lewis posted another double-digit rise in sales last week as the nation's wet weather proved favourable for its key household goods business.
Lectra appoints Bruno Mattia as Director, Strategic Accounts Fashion
Lectra has announced the appointment of Bruno Mattia as Director, Strategic Accounts Fashion.
Because the guys are worth it, too
Boutiques like Aesop and big multinationals such as L'Oreal, Estee Lauder and Unilever are finding that men, especially Asian men, are increasingly willing to shell out sizeable sums to...
Consumer morale takes a knock
Consumer morale in Britain worsened in April as people became more worried about the availability of jobs and shied away from buying big-ticket items like cars, a survey by lender...
Nordstrom takes hit on e-commerce expenses
Retailer Nordstrom Inc reported a quarterly profit below Wall Street's expectations after pouring tens of millions of dollars into its e-commerce business, and said it would spend more on...
Procter & Gamble to move beauty unit to Singapore
Procter & Gamble Co will move its skin care, cosmetics and personal-care headquarters from Ohio to Singapore to be closer to the growing Asian market, and the president of the group will...
Historic 'Beau Sancy' gem for sale next week
Glittering atop a succession of royal crowns, the 35-carat "Beau Sancy" diamond has been witness to 400 years of European history.
Hong Kong firm buys Aquascutum in $24 million deal
A Hong Kong company said it has agreed to buy the business and assets of troubled British luxury clothing maker Aquascutum for £15 million ($24.2 million).
Betsey Johnson chain starts liquidation sale
U.S. fashion designing house Betsey Johnson LLC, which filed for Chapter 11 bankruptcy protection last month, has commenced a going-out-of-business sale at its stores and outlets.
Coty ups bid for Avon, has Buffett's backing
Beauty products group Coty upped its offer for rival Avon Thursday, saying it had the support of billionaire Warren Buffett in the already once-rejected takeover bid.
H&M 'sorry' for using deeply tanned swimwear model
Swedish cheap-and-chic fashion giant H&M on Thursday apologised over a swimwear campaign featuring a deeply tanned model that sparked outrage among cancer groups."We are sorry if we have...
Kohl's profit, margins slip on price cuts
Mid-tier department store chain Kohl's Corp reported a 23 percent drop in first-quarter profit as its gross margin was hit by price cuts designed to lure back shoppers.
Esteban Cortazar re-launches his eponymous label with the help of Net-a-porter
He’s been out of the spotlight since his collaboration with Ungaro ended in 2009, but Colombian Esteban Cortazar, one of the most talented young designers around, still has his...
Hermes celebrates its love of leather in London show
The polished halls of London's Burlington Gardens have a rather unusual visitor: Zouzou, a white rhinoceros with golden horns is here to celebrate the latest exhibition for Hermes.
Lagardere first-quarter sales fall, keeps earnings goal
French media-to-aerospace conglomerate Lagardere posted a 12.5 percent drop in sales in the first quarter, weighed down by its fledgling sports unit and after it sold its international...
Video: Italiana - an italian style comedy by Dolce & Gabbana
The vintage inspired Matt Silk Collection for SS12 is cool, pretty and perfectly in tune with this season's main trend: Fifties.
Video: Louis Vuitton presents "100 Legendary Trunks" iPad Application
Trunks for explorers, magicians, actors or Maharajas... Discover the secrets of the most exceptional Louis Vuitton trunks and take on board for an outstanding journey around the world now...
L'Oreal loses EU trademark battle to Allergan's Botox
France's L'Oreal has lost its bid to keep a cosmetics trademark on Thursday, with Europe's highest court ruling it could not use the Botocyl mark as it would be riding on the coattails of...
Coty raises Avon bid, sets talks deadline
Beauty products company Coty Inc has raised its bid for Avon Products Inc but said it would withdraw its offer if Avon did not enter into discussions by May 14, according to a letter Avon...
Brad Pitt new face of Chanel No.5 perfume
Actor Brad Pitt is to be the new face of Chanel No.5 perfume, one of the most famous fragrances in the world, the French fashion house said on Wednesday.