Bernard Arnault Talks Marc Jacobs IPO and Keeping Luxury Items Offline
On Thursday, LVMH's chairman and CEO gave his annual spiel to investors. But it sounded more like a revealing profile than a sales pitch.
The Business
Louis Vuitton's 'Strong Creative Momentum' Boosted Sales in the 1st Quarter
Nicolas Ghesquière's clothes may not be in stores for another few months, but LVMH says he's already been a boon to sales.
Karl Lagerfeld Finds a New Investor in Calvin Klein Parent Company PVH
The designer's namesake brand has big plans for expansion.
How Plus-Size Brand Eloquii Was Revived by Its Most Devoted Employees
In 2011, The Limited launched Eloquii, its entry into the plus-size clothing market; the brand gained a loyal following before quietly shuttering just a year and a half later when The Limited decided to focus on its core business. But then something wonderful happened.
Hudson's Bay Company Lays Out Plans for Saks Revamp, Still Wants to Buy Neiman Marcus
Hudson's Bay Company President Donald Watros laid out his plans for Saks Fifth Avenue's big revamp at Columbia Business School’s 8th Annual Retail & Luxury Goods Conference.
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Prada Sales Outpaced the Luxury Sector in 2013, But Miu Miu Sales Were Flat
With China's crackdown on gifting to government officials in full swing, Prada saw slower sales growth than it has in years past.
How Valentino Became Relevant Again (and Plans to Stay That Way)
The 55-year-old fashion house is hotter than ever. How co-creative directors Maria Grazia Chiuri and Pierpaolo Piccioli have managed to modernize the brand without forgetting its past.
Kering to Launch New Brand With Pro Surfer Kelly Slater, Despite Surf Brands' Struggles
Details on the new brand are few, but it will combine Slater's love of "clean living, responsibility and style."
Tory Burch Confirms Plans to Launch Men's Accessories, Activewear
Plus: she's launching a slew of stores in Europe, her next big market.
Versace Is on the Up and Up, Especially in America
The Italian brand did particularly well in the U.S. in the first quarter, with sales up 32 percent.
How Lululemon Is Planning to Regain Its Footing in 2014
Lululemon CEO Laurent Potdevin says the company is focusing on international expansion and building out seasonal products this year.
Lululemon's Sales Aren't Growing Like They Used To
Analysts and investors are divided on how to view the athletic retailer.
Calvin Klein CEO Tom Murry Retiring After 17 Years
His replacement, a fellow Calvin Klein exec, will have big shoes to fill.
Roberto Cavalli May Be About to Sell His Company
Talks to acquire a majority stake in Roberto Cavalli's company have reportedly picked up again.
Agnona Nabs Former Emilio Pucci CEO Alessandra Carra
Currently the CEO and president of Emilio Pucci, Carra will begin her term at Agnona in May.
Steve Madden Acquires Brian Atwood
The acquisition gives Steve Madden a stake in the luxury market for the first time.
Sneaker Craze Drives Nike Sales Up 13%
Adidas may have Stan Smiths going for them, but Nike doesn't seem to be slowing down.
Zappos Is Piloting a Personal Shopping Service on Instagram With #nextootd
Zappos is the latest in a string of companies trying to monetize Instagram.
China's Corruption Crackdown Is Hurting Hermès's Watch Business
Hermès had a great 2013 from a sales perspective. Its watch business, however, performed less spectacularly.
Mulberry Is Now Without a CEO and a Creative Director
Mulberry CEO Bruno Guillon stepped down Thursday.
Gap's Rebekka Bay Sets Some Ground Rules for Design
Gap's new creative director's first mandate to her design team? "Everyone who doesn’t have an opinion can leave the room now."
Zara's Sales Only Grew 2% Last Year
But there's hope: Sales are up 12 percent since February.
Report: Fast Retailing Backs Out of J.Crew Buyout
This news follows word that Japan's Fast Retailing thought J.Crew's $5 billion asking price was too high.