Two years after the partnership between Ye (formerly Kanye West) and Gap Inc. was announced, shoppers at the Gap location in Times Square on Thursday will be among the first Read more
Tag: Luxury Goods
Burberry’s same-store sales rise only slightly due to China’s COVID-19 restrictions
Burberry Group PLC said Friday that comparable sales increased only slightly in the first quarter of fiscal 2023 as they took a significant hit from the effects of Covid-19 restrictions Read more
Burberry’s 1Q Comparable Sales Rose Only Slightly Due to China’s Covid-19 Restrictions
By Sabela Ojea Burberry Group PLC said Friday that comparable sales increased only slightly in the first quarter of fiscal 2023 as they took a significant hit from the effects Read more
Richemont sees return of tourism in Europe drive double-digit sales
Compagnie Financiere Richemont SA said Friday that a return of tourism to Europe helped drive double-digit sales growth in the first quarter of its fiscal year, offsetting the negative impact Read more
Richemont sees return of tourism in Europe drive double-digit sales
Compagnie Financiere Richemont SA said Friday that a return of tourism to Europe helped drive double-digit sales growth in the first quarter of its fiscal year, offsetting the negative impact Read more
LVMH buys iconic California winery Joseph Phelps
French luxury-goods conglomerate Moet Hennessy Louis Vuitton is expanding its reach into Northern California’s Wine Country, acquiring the acclaimed Joseph Phelps Vineyards. Phelps has produced iconic wines for nearly 50 Read more