Luxury Archives

Burton says she will bring her 'vision' and 'convictions' to Givenchy

Life

Princess Kate’s wedding dress designer takes over at Givenchy

British fashion designer Sarah Burton, who famously created Princess Catherine's wedding dress, is the new creative director of Givenchy.

AFPSeptember 9, 2024

Burberry was the FTSE 100's worst-performing company over the past year, with its share price tumbling about 70 percent

Business

Troubled Burberry exits London’s top-tier shares index

British luxury fashion label Burberry is set to exit London’s FTSE 100 after 15 years at the top-tier index, the stock exchange announced Wednesday,...

AFPSeptember 4, 2024

Dogs have an excellent sense of smell and perfumes can distress them.

World

Not to be sniffed at: Dolce & Gabbana launches €99 dog perfume

No need to wrestle your dog into the bath anymore. Italian luxury fashion house Dolce & Gabbana has launched a new perfume for canine...

AFPAugust 8, 2024

Kering's top label Gucci continued to underperform in the first half of this year

Business

Gucci-owner Kering alerts on profits as earnings tumble

Luxury group Kering said Wednesday that its half-year net profit fell by half and warned operating earnings for the second half of the year...

AFPJuly 24, 2024

French luxury group LVMH reported lower half-year profits amid an uncertain geopolitical and economic environment

Business

French luxury giant LVMH half-year net profit drops 14%

The world’s largest luxury group, LVMH, said Tuesday its half-year net profit slid 14 percent amid an uncertain geopolitical and economic environment. The drop...

AFPJuly 23, 2024

LVMH chief Bernard Arnault is one of the world's wealthiest people

Business

Richemont: luxury group in sights of LVMH’S Arnault?

The Swiss luxury group Richemont, which owns Cartier and other jewellery brands, is regularly the subject of takeover rumours which its founder, the South...

AFPJuly 17, 2024

Istanbul's Grand Bazaar is full of shops selling counterfeited designer handbags and luxury perfume

Business

Fake luxuries supplant tradition in Istanbul’s Grand Bazaar

Cut-price branded perfumes and fake high-end handbags line the ornate alleys of Istanbul’s Grand Bazaar, with traditional merchants saying the luxury counterfeits are stripping...

AFPJuly 17, 2024

Luxury brands are having a tough time in China

Business

Cartier-owner Richemont says China sales tumble 27%

Cartier-owner Richemont said Tuesday its quarterly sales in China tumbled by 27 percent as the deepening economic malaise in the world’s second-largest economy lashes...

AFPJuly 16, 2024