Lululemon Athletica said on Thursday it would aggressively expand its chain of yoga shops in Europe and Asia, providing new avenues for growth even as its stellar performance in North America loses some luster.
German cosmetics group Beiersdorf, maker of Nivea hand cream, said Thursday it was raising its full-year sales targets for the second time in a month on the back of its strong performance so far this year.
British luxury fashion group Mulberry said the second half of the year looked encouraging with retail sales on the rise after first half profits tumbled 36 percent due to changes to its wholesale business.
Billionaire British entrepreneur Philip Green is set to sell up to 25 percent of his high-street fashion brands Topman and Topshop to US investors, Britain's press reported on Tuesday.The deal, which values the brands at £1 billion.
US private equity group Advent International said Tuesday its 1.5-billion-euro ($2.0-billion) takeover of perfume retailer Douglas has been successful, with shareholders already pledging 76% of their stock.
Shares in Chow Tai Fook Jewellery Group Ltd, the world's biggest jewellery retailer by market value, reversed losses to hit a six-month high on Friday, overcoming pessimism generated by disappointing earnings.
Tiffany & Co lowered its fiscal-year sales and profit forecast for the third straight quarter and reported lower-than-expected revenue and earnings after a drop in same-store sales in its key Asia market.
Sales of fur reached record highs this year, the International Fur Trade Federation (IFTF) said on Thursday, as China's growing appetite for luxury goods put the once-taboo material back on the catwalks.
A group of hedge funds seeded by veteran investor Julian Robertson cropped their stake in fashion brand Ralph Lauren Corp in the third quarter, even as the retailer attracted some of the biggest names in the $2 trillion hedge fund industry.