Fashion
Qatari royals buy Italian fashion icon Valentino
MILAN/LONDON - Italian fashion house Valentino has been snapped up by the Qatari royal family for 700 million euros ($857.5 million), the latest purchase of a top European luxury brand by an emerging market investor.
UPDATE 2-Qatari royals buy Italian fashion icon Valentino
MILAN/LONDON, July 12 - Italian fashion house Valentino has been snapped up by the Qatari royal family for 700 million euros ($857.5 million), the latest purchase of a top European luxury brand by an emerging market investor.
SuperGroup says brand "alive and well"
LONDON - The Superdry fashion brand is "alive and well" and has coped with recent poor weather, its founder said on Thursday, insisting he had learnt lessons from a string of profit warnings blamed on "arithmetic errors" and distribution problems.
Qatari royal family buys Italian fashion house Valentino
MILAN/LONDON - Iconic Italian fashion house Valentino has been snapped up by the Qatari royal family for 700 million euros ($857.46 million), marking one of the most prominent purchases of a European top designer brand by an emerging market investor.
Valentino in exclusive talks with Qatar: sources
MILAN/LONDON - London-based private equity fund Permira is in exclusive talks with the Qatari royal family over the sale of Italian fashion house Valentino and a decision is expected by the end of the month, four sources close to the talks said on Monday.
Subdued elegance with ruffles and fringe at Chanel
PARIS - The favorite of the ladies who lunch, Karl Lagerfeld presented a toned down, vintage-inspired collection for Chanel on Tuesday, whose grey and pink palette and classic shapes provided a refined counterpoint to the excesses of Fashion Week.
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.
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
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