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Business 22 Apr 2019 | 12:00 AM

Why Gucci and Dior want to rebuild Notre-Dame

IF the fire at Notre-Dame cathedral had happened 20 or 50 years ago, France’s luxury fashion houses would surely have rushed to support its reconstruction as quickly as they did in 2019.

Business 21 Feb 2019 | 12:00 AM

Fendi leans on granddaughter after Karl Lagerfeld’s death

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.

Corporate News 17 Sep 2018 | 12:00 AM

Chanel picks London over New York and Paris as base for global team

LONDON: Chanel No. 5 and the little black dress are about to come with a British twist.

Corporate News 25 Jul 2016 | 10:45 AM

LVMH sells loss-making Donna Karan to G-III in $650m deal

PARIS: French luxury group LVMH is selling Donna Karan International, the parent of New York label DKNY, to U.S. clothing firm G-III Apparel Group in a deal valuing the loss-making fashion brand at $650 million.

Business 08 Oct 2014 | 12:00 AM

Watch company unveils year-end collection

FOSSIL is lighting up the day and night this upcoming holiday season with its Holiday 2014 Collection featuring a selection of watches and bags.

Business 25 Dec 2005 | 12:00 AM

Private investment firm buys clothing company Tommy Hilfiger for $1.6b

Clothing company Tommy Hilfiger Corp. said Friday it agreed to be purchased by Apax Partners, a private investment company, for $1.6 billion (euro1.35 billion), or $16.80 a share, in cash.