Montblanc (Richemont) has entered a licensing agreement with Kering Eyewear, allowing it to develop, manufacture and distribute glasses and sunglasses carrying the Montblanc brand. “Montblanc is excited to enter a new relationship with Kering Eyewear, a partner known globally for manufacturing some […]

Forbes, the American magazine best known for its annual list of the world’s billionaires, decided to start a new annual ranking in the wake of the #MeToo movement. The publication partnered up with market research company Statista to list the 300 best employers for women in the United States. H&M is […]

HanesBrands’ board of directors has declared a regular quarterly cash dividend of 0.15 dollar per share to be paid September 5, 2018, for stockholders of record at the close of business August 14, 2018. The company said that this declared cash dividend will be the 22nd consecutive quarterly return of […]

French luxury goods maker Christian Dior said on Tuesday its H1 net profit for 2018 increased 33.6 percent. Revenues rose by 4.8 percent from the same period last year. The company’s net profit for H1 2018 was 1.206 million euros, up from 903 million euros a year earlier. Revenues increased to 21,750 […]

French retailer of luxury goods LVMH said on Tuesday its Group share of H1 net profit for 2018 increased by 41.2 percent to 3,004 million Euros. Revenues increased by 10.3 percent from the same period last year. For the second quarter, the company's revenues increased by 11 percent Hover over the graph […]

Ivanka Trump, fashion entrepreneur and First Daughter of the United States, will be shutting down her eponymous label. The news was first reported by The Wall Street Journal. Trump originally stepped away from the brand in January 2017 when her father, Donald Trump, was set to become President of the […]

Luxottica, the world’s largest eyewear manufacturer, reported 4.55 billion euros in revenue in the first half of 2018, with a marginal increase of 0.3 percent. Despite the flat results the company said it is pleased with the group’s performance: "The growth in the markets where we completed the new […]

The relationship between Uniqlo and French label Lemaire has gotten even closer. The Japanese conglomerate Fast Retailing, which owns Uniqlo, has announced the acquisition of a minority stake in Lemaire. The news comes after the launch of two collaborative collections, in 2015 and 2016, and the appointment […]

After completing an internal investigation into a survey on sexual harassment and discrimination against women conducted by a group of female Nike employees, the sportswear major has decided to raise salaries of over 7,000 employees, while also deciding to change the way it awarded annual bonuses to […]

A latest France Ecommerce Report 2018 by Ecommerce Foundation highlights the importance and growth of online retail in the country. In 2017, based on the report’s findings, ecommerce in France grew 14 percent and the online business-to-consumer turnover was just under 82 billion euros (95.8 billion […]

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