L’Oreal beats estimates

Andrew Roberts|Published

Cosmetics manufacturer L’Oreal sees shares rise the most in seven months.

LVMH revenue boosted by growth in Europe

Andrew Roberts|Published

Growth in Europe, the United States and Japan buoys luxury-goods maker LVMH in the third quarter.

Sneak peek at Burberry collection

Andrew Roberts|Published

Burberry Group’s new spring-summer collection will vanish after only a day - on the Snapchat messaging application.

Prada shares leap 11%

Andrew Roberts|Published

Prada surges by the most since December 2011 after beating analysts’ estimates for its first-half profit.

Net-a-Porter founder hangs up hat

Andrew Roberts|Published

Natalie Massene plans to explore “new ideas and opportunities” after resigning from the online fashion retailer she founded.

Luxury brands hit by slower sales

Andrew Roberts|Published

Louis Vuitton and Chanel were the only big luxury brands to increase in value last year, according to a survey.

L’Oreal sales advance

Andrew Roberts|Published

The cosmetics maker has reported a 14-percent increase in first-quarter sales despite sluggish growth in Europe.

Burberry sales advance

Andrew Roberts|Published

Growth in the Americas and advances in digital shopping helped boost Burberry’s second-half sales.

China slowdown hits Prada’s profits

Andrew Roberts|Published

Prada reported a 28-percent drop in full-year profit as fewer Chinese shoppers splurged on leather handbags and other luxury goods.

Hermes pays bonus dividend

Andrew Roberts|Published

Hermes’s 2014 earnings climbed seven percent as the maker of Birkin bags sold more luxury leather goods in the Americas.

Carrefour names two deputies

Andrew Roberts|Published

France’s biggest retailer has named two deputies to help CEO Georges Plassat manage the business as he recovers from surgery.

L’Oreal’s Agon sees more acquisitions

Andrew Roberts|Published

L’Oreal SA, on course to spend more than $5 billion on acquisitions in the first half of 2014, may just be getting started.

Luxury goods sales running out of steam

Andrew Roberts|Published

Worldwide luxury goods sales will expand at the slowest pace since 2009 this year as slack Chinese consumption and the weakness of the Japanese yen weigh on growth, ...

L’Oreal maintains annual targets

Andrew Roberts|Published

The cosmetics maker L’Oreal confirmed its full-year targets after reporting a 7. 7-percent increase in first-half earnings.