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China Luxury Sales Rebound As Millennials Snap Up Cosmetics Handbags Report

SHANGHAI – China’s luxury goods market is back in fashion. Domestic sales of Gucci handbags to Chanel cosmetics, sluggish in China for years, rose at the...

Fields Of Gold Jana Seeks New Money Allies With Impact Hedge Fund

BOSTON – Wall Street investor Barry Rosenstein’s new impact investing fund aimed at serving environmental and social causes could, if he plays his cards...

Luxury Group Kering To Spin Off Puma To Its Own Shareholders

FRANKFURT/LONDON – Gucci-owner Kering (PRTP.PA) plans to spin off German sports brand Puma (PUMG.DE) to the French conglomerate’s shareholders to focus...

Kering To Spin Off Puma To Its Own Shareholders

FRANKFURT/LONDON – Gucci-owner Kering (PRTP.PA) plans to spin off German sports brand Puma (PUMG.DE) to the French conglomerate’s shareholders as it sharpens...

Exclusive Kering Evaluating Puma Options Including Spin To Shareholders -sources

FRANKFURT/LONDON – French luxury goods group Kering (PRTP.PA) is evaluating options for its German sports goods brand Puma (PUMG.DE), including a spin-off of Puma...

Feeding The Fashionistas Gucci Turns To Fine Dining

FLORENCE, Italy – It’s all a matter of taste. Luxury labels are accustomed to tempting fashionistas, and now they’re stretching from haute couture to...

In China Macron Urges Openness Pitches France Inc

BEIJING – President Emmanuel Macron offered on Tuesday to open up the French economy to Chinese investment in exchange for greater access to China’s booming...

Bitcoin Slides As Website Drops South Korea Prices From Virtual Currency Rates

NEW YORK – Bitcoin sank on Monday after website CoinMarketCap removed prices from South Korean exchanges from its calculations of digital currency rates without...

Saint Laurent Ventures Online In China As Luxury Portals Take Off

PARIS – French fashion label Saint Laurent, part of Kering (PRTP.PA), will start selling online in China through a JD.com (JD.O) portal, joining shopping players...

Neiman Marcus Names Ralph Lauren Executive As Ceo

– Neiman Marcus Group Ltd [NMRCUS.UL] on Friday named Geoffroy van Raemdonck, an executive at upscale clothing manufacturer Ralph Lauren Corp (RL.N), to succeed...