News

Tuesday, May 3, 2016 at 4:38am
PARIS — Four years after making public its targets for sustainable sourcing and manufacturing, Kering on Tuesday unveiled the results of the initiative, and announced it would be setting out the next phase of its environmental strategy in November, with a plan for the following... read more
Tuesday, May 3, 2016 at 2:57am
TWEET QUEEN: Catherine Deneuve is to perform Loïc Prigent’s sarcastic fashion-related tweets. Her reading of the journalist’s one-liners will be aired on Arte this fall, a spokeswoman for the Franco-German TV network said. Prigent’s Twitter handle, with a 185,000-strong... read more
Tuesday, May 3, 2016 at 2:57am
TWEET QUEEN: Catherine Deneuve is to perform Loïc Prigent’s sarcastic fashion-related tweets. Her reading of the journalist’s one-liners  — in the format of two-minute segments — will be aired on the Franco-German TV network Arte and its Web site Arte Creative at the end of... read more
Tuesday, May 3, 2016 at 2:38am
LONDON — European stock markets were down in midmorning trading on Tuesday, with the FTSE MIB in Milan leading the way. The Italian market retreated 1.7 percent to 18,108.95, followed by the DAX in Frankfurt, 1.6 percent to 9,966.68; the CAC 40 in Paris, 1.2 percent to 4,388.20... read more
Tuesday, May 3, 2016 at 2:16am
Asian shares ended mixed on the back of disappointing economic data out of China. Shanghai’s SSE gained 1.9 percent to close at 2,993 yen while Hong Kong’s Hang Seng fell 1.9 percent to end at 20,677. Tokyo’s market was closed for a national holiday after tumbling 3.1 percent... read more
Tuesday, May 3, 2016 at 1:51am
Li & Fung Ltd. said Tuesday it has reached an agreement to sell its Asia consumer and health-care business, LF Asia Distribution, to Dah Chong Hong Holdings Ltd. for $350 million in cash. The Hong Kong-based company said it opted to sell the business as part of its strategy... read more
Tuesday, May 3, 2016 at 1:11am
BERLIN — Losses mounted at Hugo Boss in the first quarter of 2016, when net income plunged 49 percent and operating earnings fell 48 percent, due to numerous factors including increased discounting and decreasing sales in the U.S. and rising operating expenses. Group sales were... read more
Monday, May 2, 2016 at 9:01pm
Goddess Garden Organics is branching beyond sunscreen and launching a skin-care line that hits stores in May. The collection has seven stockkeeping units: Fresh Start, a morning cleanser; Bright Eyes, a firming eye cream; Under the Sun, a daily serum that aims to defend against... read more
Monday, May 2, 2016 at 9:01pm
LONDON — In the ongoing race to cater to the luxury market’s needs and niches, Net-a-porter has tapped Gucci’s Alessandro Michele to create a one-off, 20-piece collection of ready-to-wear, shoes and accessories. This is the first exclusive capsule collection that Michele has... read more
Monday, May 2, 2016 at 9:01pm
MOMS WITH CLOUT: In honor of Mother’s Day this Sunday, Working Mother has released its annual list of the “50 Most Powerful Moms of 2016,” on workingmother.com. The list recognizes moms who inspire people and make a difference in the world and includes women from arts/... read more

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