Global luxury sales to fall 2% in 2024, among weakest years on record, Bain says MILAN: Sales of personal luxury goods are set to fall 2% this year, making it one of the weakest on record, with... Published 13 Nov, 2024 07:17pm
Life & Style Musical chairs at top as Paris Fashion Week starts PARIS: Paris Fashion Week starts Monday in a swirl of rumours of musical chairs at some of the sector’s most fabled... Published 23 Sep, 2024 04:58pm
Life & Style LVMH names UK designer Sarah Burton Givenchy creative director PARIS: French luxury goods company LVMH named on Monday Sarah Burton, the longtime-Alexander McQueen designer behind... Published 09 Sep, 2024 02:17pm
Life & Style Richemont: luxury group in sights of LVMH’S Arnault? ZURICH: The Swiss luxury group Richemont, which owns Cartier and other jewellery brands, is regularly the subject of... Published 18 Jul, 2024 06:05pm
Life & Style Dior nods to sports with jersey fabrics in Paris haute couture show PARIS: Christian Dior designer Maria Grazia Chiuri nodded to sports with an haute couture runway show in Paris on... Published 25 Jun, 2024 02:05pm
Life & Style Burberry profit slumps as luxury sector takes hit LONDON: Burberry on Wednesday said its annual net profit almost halved and predicted struggles ahead as the luxury... Published 15 May, 2024 11:15pm
Life & Style Gucci takes over London’s Tate Modern for cruise line catwalk show LONDON: Gucci turned London’s Tate Modern art gallery into a catwalk on Monday, as the Italian luxury label... Published 14 May, 2024 01:27pm
Life & Style Luxury brands lure Chinese shoppers despite slowdown SHANGHAI: Sipping champagne and nibbling fried dumplings, Shanghai’s rich and influential posed by Louis Vuitton... Published 03 May, 2024 05:00pm
Life & Style Valentino hires former Gucci designer Michele as creative director MILAN: Valentino has hired former Gucci designer Alessandro Michele as creative director, after the announcement of... Published 29 Mar, 2024 02:56pm
Life & Style Kering anticipates 10% sales drop due to Gucci decline: statement PARIS: French luxury giant Kering said Tuesday it is anticipating a 10-percent drop in year-on-year sales in the... Published 20 Mar, 2024 03:52pm
World Israeli military says it killed 90 ‘gunmen’ at Gaza’s Al Shifa hospital OCCUPIED JERUSALEM: Israel’s military said on Wednesday it had killed around 90 “gunmen” and arrested 160 in a raid... Published 20 Mar, 2024 03:25pm
Life & Style Spring festival spending on China’s duty-free island hits record SHANGHAI: Shoppers visiting China’s island province of Hainan spent a record 2.49 billion yuan ($346.2 million) on... Published 19 Feb, 2024 05:01pm
Life & Style Hermes’ shares reach record high as booming sales outpace rivals PARIS: Hermes’, opens new tab shares rose to a record high on Friday after the Birkin bag maker again outpaced its... Published 09 Feb, 2024 02:39pm
Business & Finance Gucci owner Kering says profit fell 17% in 2023 PARIS: French luxury giant Kering said Thursday its sales and net profit fell in 2023, warning its investment... Published 08 Feb, 2024 12:51pm
Life & Style Gucci opens Milan Fashion Week with De Sarno’s dressy looks for men MILAN: Gucci creative director Sabato De Sarno kicked off Milan Fashion Week on Friday with a lineup of refined... Published 13 Jan, 2024 01:32pm
Life & Style Britain’s Burberry hit by slowdown in luxury spending LONDON: Britain’s Burberry said it was being hit by a global slowdown in luxury spending and it would struggle to... Published 16 Nov, 2023 01:01pm
Life & Style Focus: Giorgio Armani fashions his own legacy with succession plan MILAN: Giorgio Armani has always kept a tight grip on the firm he founded, and the Italian fashion king’s attention... Published 15 Nov, 2023 02:47pm
Life & Style LVMH shares tumble, hit fashion sector as luxury giant’s sales growth slows PARIS: LVMH’s shares slumped on Wednesday, to their lowest level since December, knocking other shares in the... Published 11 Oct, 2023 01:53pm
Life & Style Sean McGirr named as creative director of Alexander McQueen PARIS: Sean McGirr was named by French luxury goods group Kering as creative director of British label Alexander... Published 04 Oct, 2023 05:30pm
Life & Style Dior and Saint Laurent bring contrasting feminisms to Paris PARIS: Christian Dior mocked sexist stereotypes while Saint Laurent was inspired by female pioneers at their Paris... Published 27 Sep, 2023 05:25pm
Life & Style Five trends from Milan: quiet luxury to everything green MILAN: Fashion week in Milan wrapped up Monday after showcasing new designers, from Sabato de Sarno at Gucci to... Published 26 Sep, 2023 04:13pm
Life & Style The ‘tyranny of thinness’ still dominates fashion PARIS: Despite claims that the fashion industry is embracing curvier bodies, the data suggests it could be guilty of... Published 25 Sep, 2023 01:32pm
Life & Style For Gucci debut, new designer De Sarno showcases minimalist glamour MILAN: Gucci’s new designer Sabato De Sarno sent out a glamorous, skin-baring lineup of minimalist designs for his... Published 23 Sep, 2023 01:34pm
Life & Style Sabato De Sarno to hit Milan catwalk on Friday with high stakes Gucci debut MILAN/PARIS: Gucci creative director Sabato De Sarno takes to the runway in Milan on Friday, in a high-stakes... Published 19 Sep, 2023 03:08pm
Life & Style LVMH, Gucci to expand in India with new outlets in Reliance’s luxury mall MUMBAI: Gucci, Cartier and Louis Vuitton are among brands to sign leases for stores in Indian tycoon Mukesh Ambani’s... Published 19 Sep, 2023 02:31pm
Life & Style Malala joins Oprah Winfrey, Salma Hayek, at Kering dinner second annual Caring for Women Gala held in New York City Published 14 Sep, 2023 05:16pm
Life & Style Hermes defies luxury slowdown with strong sales PARIS: Sales at Birkin bag maker Hermes accelerated in the second quarter, showing the resilience of global demand... Published 28 Jul, 2023 03:40pm
Life & Style Kering Foundation to hold 2nd annual ‘Caring for Women’ dinner in New York Event will be co-chaired by activist Malala Yousafzai among others Beneficiaries of proceeds from the event to include Malala Fund Published 18 Jul, 2023 06:53pm
Life & Style Italy’s luxury groups set aside rivalries to keep it local MILAN: Italy’s luxury fashion groups, which for decades jealously guarded their independence, have started teaming... Published 14 Jul, 2023 02:30pm
Life & Style Valentino takes modern haute couture lineup to Chateau de Chantilly PARIS: Italian fashion house Valentino took to the Chateau de Chantilly, north of Paris, for its fall haute couture... Published 06 Jul, 2023 02:30pm