Barack Obama promised to bring change and may just succeed -- at least in the way Americans dress.The 47-year-old president-elect promises to fix the economy, withdraw from Iraq, and catch Osama bin Laden.
Italian eyewear maker Luxottica Group SpA sees 2009 being difficult as consumer spending slows, its chief executive told Corriere della Sera newspaper, but added that the company would continue investing.
Italian eyewear maker Luxottica cut its earnings-per-share forecast after its third-quarter net profit fell, and its chief executive said a clearer picture on the future would emerge in two to four months.
Luxury goods maker Salvatore Ferragamo is uncertain about its performance in the fourth quarter, its chief executive said on Tuesday, October 21st after a mainly positive first nine months of the year.
Russia, the fourth largest luxury goods market and one of the world's fastest growing, is being hit by the financial crisis, the managing director of the country's biggest luxury goods group, Mercury, told Reuters.
During a recent trip to her expensive Hong Kong hairdresser, luxury brand consultant Radha Chadha asked her stylist if recent turmoil in the world's stock markets had affected business."I am now offering people shorte...
The global style spotlight swings to Milan on Saturday, September 20th where fashion week kicks off with more than 90 spring-summer 2009 collections to be sent out, highlighted by the much-awaited debut of Gianfranco ...