PARIS/MILAN (Reuters) - The chief executive and top shareholder of puffer jacket maker Moncler (MONC.MI) played down speculation around a takeover by Gucci-owner Kering (PRTP.PA) on Thursday, saying the two firms sometimes talked but that there was no deal in the works.
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Snap Inc is leaning in to art and fashion as it develops its augmented-reality glasses strategy.
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As other independent US designers face challenges, Christopher John Rogers is pursuing a strategy of conservative profitability.
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Through 2019, the luxury market is projected to grow 4 percent at constant exchange rates to 1.3 trillion euros, or about $1.4 trillion, with all of the growth driven by Asian consumers and younger generations.
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Shares of Moncler have risen 33 percent this year, giving it a market value of about $11 billion.
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The Spanish retailer gives a rare look inside its new logistics centre that will speed up deliveries and fulfilment.
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The Balmain CEO has stepped down after two years with a new CEO joining the company in February 2020.
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Hospitality group AccorHotels is tracing the rise of the wellness movement and the related opportunities for the travel sector in a whitepaper designed to help guide its own health-conscious efforts around the globe.
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