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SINGAPORE: A walk down Orchard Road shows just how badly the coronavirus pandemic has hit Singapore’s famed shopping strip.
RAPID economic growth and higher living standards are shaping changes in Vietnamese lifestyles and needs.
PARIS: Europe’s wealthiest man is spending more than US$1bil on a Paris department store at a time when other shops are going out of business and consumers are turning to Amazon.com Inc.
LONDON: Tourists flock to London’s Shoreditch to admire the street art that coats the trendy neighborhood in a riot of colour. What they may not expect to find alongside works by Banksy or Mr Cenz are the spray-painted logos of Swatch and Christian Louboutin.
PARIS: Luxury giant LVMH won’t begin looking for an outside designer to succeed the late Karl Lagerfeld at fur-maker Fendi, leaving an executive who’s a member of the brand’s founding family to fill the role for the time being, according to people familiar with the matter.
The acquisition would give Michael Kors a sought-after foothold in high fashion
PARIS: French billionaire Bernard Arnault moved to consolidate control over Christian Dior for about 12.1 billion euros (US$13.2bil), folding the fashion house’s operations into the LVMH luxury empire in one of his biggest transactions.