Shoe maker Wolverine World Wide Inc (WWW.N) reported higher-than-expected fourth-quarter results as strong sales of its core brands offset foreign exchange headwinds, and forecast 2009 earnings in line with analysts' estimates.
Recession-hit brides looking for that something borrowed to complete their outfit can rent gold tiaras from a major Japanese jeweler which unveiled pieces worth over a million dollars despite the faltering economy.
Mania over President Barack Obama has reached the catwalks of Rome, where a top haute couture designer showed off a kaftan emblazoned with his face and another dedicated a gown of "hope" to his wife Michelle.
Demand for Swiss watches dwindled in December as the global economic slowdown took the sparkle out of one of Switzerland's key export industries.
German fashion house Escada has appointed Michael Boernicke, the former chief executive of German pay-TV broadcaster Premiere, as finance chief, it said.
Free designer dresses, an army of admirers and $15,000 to stroll down a catwalk: no wonder thousands of teenage girls aspire to being a top model.
After a break of several years, Russian fashion designer Denis Simachev returned to the Moscow catwalk at the weekend with a show evoking change and upheaval to support his homeland during the financial crisis.
Italian eyewear maker Luxottica has renewed its licence agreement with luxury brand Salvatore Ferragamo.
Malaysian-born luxury shoemaker Jimmy Choo is planning a network of "Couture Shoe Academies" worldwide, with the first to open in his home country, a report said Friday.
With a Cubist-period Picasso, a Brancusi never seen in public and a rare Eileen Gray designer chair, Christie's has great expectations for next month's sale of works owned by late fashion king Yves Saint Laurent and partner Pierre Berge.
Italian jeweller Bulgari said fourth-quarter revenues fell 9.8 percent and business would remain very difficult for most of the year as the global economic downturn slashes luxury goods sales.
Swatch Group, the world's largest watchmaker, expects 2009 sales to rise modestly as it anticipates a pick up in consumer spending in the second half of the year after a challenging first half. Gross sales rose 4.3 percent to 6.
The Lebanese contingent of designers showing their couture collections this week are quietly optimistic that they can weather the current global recession.
Shoe and bag maker Tod's will update on the key Christmas period this week, and like other Italian fashion companies is likely to show that sales went better than expected but maybe at the cost of margins.
Robbers have pulled off a daring heist in Berlin's best-known department store, police said Tuesday, stealing jewellery reportedly worth up to five million euros (6.5 million dollars).
