WEAR

Feeling worse for wear, Travis? NFL star Kelce dons dark glasses as he is spotted grabbing lunch with pals at Cecconi’s in LA… hours after ‘partying with girlfriend Taylor Swift at Gucci’s Oscars after-party’

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Feeling worse for wear, Travis? NFL star Kelce dons dark glasses as he is spotted grabbing lunch with pals at Cecconi’s in LA… hours after ‘partying with girlfriend Taylor Swift at Gucci’s Oscars after-party’

Travis Kelce pushed through his post-Oscars hangover to head out for lunch with some friends in Los Angeles on Monday afternoon. The NFL superstar reportedly spent Sunday night at Gucci’s Oscars after-party alongside his girlfriend Taylor Swift, with the pair enjoying a whirlwind few days having flown back from her Eras Tour in Singapore. Taylor was … Read more

Prada CEO says it aims to double business in China in medium term

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Prada CEO says it aims to double business in China in medium term

A logo of luxury goods company Prada is seen at the entrance of a shop in Brussels, Belgium July 2, 2021. REUTERS/Yves Herman/File Photo Acquire Licensing Rights SHANGHAI, Dec 6 (Reuters) – Prada has ambitions to double its business in China over the medium term, Gianfranco D’Attis, chief executive of the Italian luxury fashion house’s … Read more

China’s Shein files for US IPO in major test for investor appetite- sources

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China’s Shein files for US IPO in major test for investor appetite- sources

Shein yet to determine IPO size, valued at over $60 bln in May IPO comes amid challenging markets and U.S. scrutiny Fast-fashion retailers still behind Amazon on sales Nov 27 (Reuters) – Fashion company Shein has confidentially filed to go public in the United States, two sources familiar with the matter said on Monday, in … Read more

Estee Lauder, Canada Goose slash annual targets as China recovery falters

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Estee Lauder, Canada Goose slash annual targets as China recovery falters

[1/2]An Estee Lauder cosmetics counter is seen in Los Angeles, California, U.S., August 19, 2019. REUTERS/Lucy Nicholson/File Photo Acquire Licensing Rights Nov 1 (Reuters) – Estee Lauder (EL.N) and Canada Goose Holdings (GOOS.TO), on Wednesday cut their annual forecasts as the luxury goods companies grapple with weak demand in high-growth market China. Estee’s shares tumbled … Read more

TSX hits 2-week low as interest rate uncertainty hits sentiment

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TSX hits 2-week low as interest rate uncertainty hits sentiment

[1/2]The Art Deco facade of the original Toronto Stock Exchange building is seen on Bay Street in Toronto, Ontario, Canada January 23, 2019. REUTERS/Chris Helgren/File Photo Acquire Licensing Rights TSX ends down 0.5% at 19,348.81 Posts its lowest closing level since Oct. 6 Real estate sector loses 1.7% Canada Goose shares fall after brokerage downgrades … Read more

Germany’s Birkenstock set for US listing after $1.5 bln IPO

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Germany’s Birkenstock set for US listing after $1.5 bln IPO

A pair of shoes is pictured in a window of a Birkenstock footwear store in Berlin, Germany, January 21, 2021. REUTERS/Fabrizio Bensch/File Photo Acquire Licensing Rights Oct 11 (Reuters) – LVMH-backed Birkenstock (BIRK.N) was set to list its shares on the New York Stock Exchange on Wednesday after the German luxury sandal maker notched a … Read more

LVMH sales growth loses fizz as post-pandemic splurge wanes

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LVMH sales growth loses fizz as post-pandemic splurge wanes

People walk past the Louis Vuitton store at Miami Design District, in Miami, Florida, U.S. November 30, 2021. REUTERS/Marco Bello Acquire Licensing Rights PARIS, Oct 10 (Reuters) – Luxury goods bellwether LVMH (LVMH.PA) reported a 9% rise in third quarter revenue on Tuesday, marking slower growth as a strong wave of post-pandemic spending eases due … Read more

Europe’s Luxury stocks at risk of going out of style

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Europe’s Luxury stocks at risk of going out of style

[1/3]A Louis Vuitton logo is seen outside a store on the Champs-Elysees avenue in Paris, France, June 27, 2023. REUTERS/Stephanie Lecocq/File Photo Acquire Licensing Rights LONDON/PARIS, Oct 9 (Reuters) – Europe’s luxury brands may have sparkled at Paris Fashion Week, but investors are questioning their taste for the shares in the face of a Chinese … Read more

Exclusive: U.S. sports league caps maker New Era prepares for IPO-sources

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Exclusive: U.S. sports league caps maker New Era prepares for IPO-sources

Apr 29, 2023; Mexico City, Mexico; New Era caps on display during a MLB World Tour game at Estadio Alfredo Harp Helu. Mandatory Credit: Kirby Lee-USA TODAY Sports/File Photo Acquire Licensing Rights NEW YORK, Sept 7 (Reuters) – New Era Cap LLC, a supplier of major U.S. sports league headware, has kicked off preparations for … Read more