Luxury jeweler Tiffany & Co, which is being bought by France's LVMH, missed market expectations for quarterly profit and sales on Thursday, hit by lower spending by foreign tourists in the United States and Hong Kong.
The chief executive and top shareholder of Moncler played down speculation around a takeover by Gucci-owner Kering on Thursday, saying the two firms sometimes talked but that there was no deal in the works.
The founders of Boohoo have pocketed £142.5 million after selling a chunk of their shares to take advantage of the company's market gains over the last year. After the placing, they continue to own 15.8% of the business.
Denim Première Vision seemed to shrug off the real and the economic chill as it returned to London this week with a busy show, an enlarged exhibitor list and a sustainability focus both for production and style trends.
On October 12-13 2020, London will host Clean Beauty In London, a show described as a reflection on ‘clean’ cosmetics, focusing on environmentally friendly products that make no use of controversial substances.