• NEW PROPOSAL STRENGTHENS CONSUMER PROTECTION APPROVED BY EU

    EU-Approved Proposal (Made-In) Strengthens Consumer Protection

    A new package for the protection of the origin and quality of non-food products has been approved by the EU, which will contribute both to strengthening consumer protection and creating a level playing field for businesses. The package proposed by European Commission Vice-President Antonio Tajani, Commissioner for Industry and Entrepreneurship...

ALIBABA's OFFICES

Alibaba Earnings Surge Ahead of IPO

Alibaba shares are surging in extended trading after the e-commerce firm saw profits more than double ahead of its IPO. The results could help market...

BURBERRY CATWALK SHOW

Burberry +19% in Sales in First Six Months

Burberry posted excellent results in the six months ended March 31. The group’s sales increased 19% to 1.298 billion pounds (approximately 1.57 billion euro), compared...

MICHAEL KORS

Luxottica Signs Licence Deal with Michael Kors

Italian eyewear group Luxottica announced it had signed a ten-year licensing agreement with U.S. luxury-goods company Michael Kors Holdings Limited. The first Michael Kors collection...

CATH KIDSTON

Fast Retailing Eyes Cath Kidston

Uniqlo’s Japanese owner Fast Retailing is eyeing a bid to acquire home wares brand Cath Kidston, but may face some competition, Retail Week reports. Fast...

ROBERT DREYFUSS

Dreyfuss Group Acquired by China Haidian

Swiss watch business The Dreyfuss Group has been acquired by China Haidian Holdings Limited  in an all share transaction. The acquisition will see the Dreyfuss...

LA PERLA STORE, VIA MONTENAPOLEONE, MILAN

La Perla Expands Global Presence

La Perla is expanding its brand presence. Since it was acquired by Pacific Global Management in 2013 in a deal worth 135 million dollars, the...

A JUICY COUTURE AD CAMPAIGN

Juicy Couture to Expand in Europe

The Juicy Couture brand is expanding its retail presence in Europe via a partnership between Juicy’s brand owner Authentic Brands Group and the Folli Follie...

ROLEX & FORMULA 1 SIGN DEAL

Rolex Taps Jean-Frederic Dufour as CEO

Jean-Frederic Dufour, currently CEO of Zenith, has been named the new global CEO for Rolex. An official start date has yet to be announced. According...