Fashion

Jeweler Chow Tai Fook profit jumps on Chinese demand

HONG KONG - Chow Tai Fook , the world's biggest jewelry retailer, reported a 79 percent jump in annual profit, buoyed by demand for luxury goods in China, though global economic uncertainties may slow revenue growth in the near term.

British menswear puts its best suit forward

LONDON - From high-end to high-street, Britain's fashion designers are trying to lift men's clothes, the fastest growing fashion sector, out of the shadow of the more glamorous womenswear collections.

15 Jun 2012

Mulberry shares slump on slow start to year

- British luxury fashion house Mulberry Group Plc reported a weaker-than-expected 3 percent rise in comparable retail sales for the 10 weeks to June 9 and expressed caution about near-term trading conditions, sparking a sell-off that wiped out a quarter of its market value.

UPDATE 2-Mulberry shares slump on slow start to year

* Like-for-like retail sales rise 3 pct in 10 weeks ended June 9

14 Jun 2012

Designers Dolce, Gabbana face tax trial: sources

MILAN - Italian fashion designers Domenico Dolce and Stefano Gabbana, who count model Naomi Campbell and pop star Madonna among their friends, will stand trial over alleged tax evasion, according to legal sources and a court filing seen by Reuters.

Entertainment, Italy 08 Jun 2012

Designers Dolce Gabbana face tax trial -sources

MILAN, June 8 - Italian fashion designers Domenico Dolce and Stefano Gabbana, who count model Naomi Campbell and pop star Madonna among their friends, will stand trial over alleged tax evasion, according to legal sources and a court filing seen by Reuters.

08 Jun 2012

Designer Kenneth Cole to take namesake company private

- American clothing designer Kenneth Cole will take his eponymous fashion house private for $15.25 per share, slightly more than he had offered in February.

CORRECTED-Luxury goods sales to rise 7 pct per year -BCG

(Changes second paragraph to make clear GNP growth drop is in percentage points, not percentage)

UPDATE 1-Fashion house Versace may seek outside investors

MILAN, May 25 - Italian family-owned fashion house Versace may seek outside investors and could consider an initial public offering to fund growth and help it better compete in the global luxury industry, its chief executive said on Friday.

25 May 2012

Fashion house Versace may seek outside investors

MILAN, May 25 - Italian family-owned fashion house Versace may seek outside investors and could consider an initial public offering to fund growth and help it better compete in the global luxury industry, a top executive said on Friday.

25 May 2012