Saturday, November 28, 2020
Tags Luxury goods / services

Tag: luxury goods / services

Burberry will not take British state crisis cash to pay staff

LONDON (Reuters) - Luxury brand Burberry () will pay all its staff globally even if they are unable to work due to coronavirus crisis...

Neiman Marcus in bankruptcy talks with lenders: Bloomberg Law

(Reuters) - Luxury retailer Neiman Marcus Group Inc is in talks with lenders to file for bankruptcy as it struggles to ease...

LVMH to make disinfectant gels to aid French coronavirus fight

PARIS (Reuters) - Louis Vuitton owner LVMH () said on Sunday that its cosmetics unit would manufacture large quantities of hand disinfectant...

Demand dives at apparel retailers as virus-wary shoppers stay home

NEW YORK/MADRID (Reuters) - As virus-wary shoppers stayed home in the United States and Europe, apparel retailers braced for a blow to sales and...

De Beers banks on ‘diamonds are for me’

LONDON (Reuters) - Anglo American () unit De Beers said its 2019 marketing budget will exceed last year's figure of $170 million and will...

LVMH woos Tiffany to tap fast-growing jewellery market

PARIS/NEW YORK (Reuters) - LVMH has offered to buy Tiffany & Co, known for its engagement rings and ties to Hollywood glamour, as the...

French luxury group LVMH offers to buy U.S. jeweler Tiffany: sources

(Reuters) - Louis Vuitton owner LVMH () has approached Tiffany & Co () with a $14.5 billion acquisition offer, people familiar with the matter...

Richemont teams up with designer Alber Elbaz for fashion venture

PARIS (Reuters) - Richemont () said on Friday that it was teaming up with former Lanvin designer Alber Elbaz for a new venture at...

Barneys close to sale to Authentic Brands after rival bid fails:...

NEW YORK (Reuters) - Luxury retailer Barneys New York Inc is close to being sold to licensing firm Authentic Brands Group LLC...

Kering shares surge as Gucci shines despite Hong Kong protests

PARIS (Reuters) - Kering () led a luxury goods share rally on Friday after its star fashion label Gucci posted stronger-than-expected sales, demonstrating how...