Luxury footwear designer Christian Louboutin is to appeal against last week‘s ruling by a US federal judge that denied a temporary ban on the sale of red-soled Yves Saint Laurent shoes, accordin…
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PPR beats forecasts, pulled by luxury brands
French retail and luxury group PPR on Friday posted forecast-beating first-half sales and profits, pulled by the strong growth of its luxury brands in major markets such as China.
The owner of Fnac re…
Louboutin launches 2nd lawsuit for trademark infringement
French footwear designer Christian Louboutin is suing a second footwear company for the use of red soles on its shoes, less than a week after the designer filed a lawsuit against Yves Saint Laurent fo…
Christian Lourboutin takes YSL to court over red sole trademark
French shoe designer Christian Louboutin has just filed legal action against Yves Saint Laurent (YSL) in a New York court over alleged copying its trademark red sole.
Louboutin claims he had been forc…
Puma names new CEO
German sportswear brand Puma AG tapped head of strategy Franz Koch as its new boss, heaping responsibility for meeting long-overdue sales targets on the 32-year-old former field hockey professional.
K…
GUCCI Group reports sales growth in 3Q10
GUCCI Group reported this week a 27 percent increase in sales in the third quarter of the year.
Luxury accessories brand Bottega Veneta has outperformed Gucci, registering a 49 pe…
HK fashion designers make inroads West
A few years ago hardly any Hong Kong brands graced the pages of Vogue or shared retail space with luxury labels such as Prada and Yves Saint Laurent. But today it is a different story. Just visit…
Zadig & Voltaire creates affordable luxe clothing, plans Asia expansion
If brands such as Yves Saint Laurent and Christian Dior redefined fashion in the 20th century, then Zadig & Voltaire is creating a similar buzz in 2010. While its name may not be instantly recogni…
Burberry ousts CEO as sales continue to plummet, issues profit warning
Burberry has appointed Joshua Schulman as its new CEO, coinciding with another lacklustre earnings update.…
Kering sales dive 11 percent on declining Asia-Pacific revenues, Japan proves bright spot
Kering reported a 11 percent dive in revenues for the first quarter, citing sluggish Gucci sales, especially in Asia Pacific.…