Financial

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Financial

Auchan Donates $1.5M to Rana Plaza

The French retail group produces its clothing line in Bangladesh.

Li & Fung Profits Rise 16% in Half

The sourcing giant on Thursday posted higher first-half net profit and sales despite a “mixed economic landscape.”

Lenzing Sales Dip 4% in H1

Viscose fibers maker sets higher savings targets as operating profit more than halved.

Avery Dennison Forms Joint Venture

Avery Dennison RBIS, a $1.6 billion division of Avery Dennison has finalized a joint venture with Ningbo Shenzou Knitting Co., Ltd.

currency, headwinds, LVMH, Prada, Burberry, euro, pound, Japanese yen, dollar, economy, outlook, China, Russia, Hong Kong, Burberry,

Currency Pressures Seen Easing in Late 2014

Luxury and fashion brands have been battling currency headwinds for the last year — but balmier days could be ahead.

kate spade, juicy couture, craig leavitt, adelington design group, stock, shares, margins, profit, handbags, q2, second, quarter, Kate Spade Saturday,

Kate Spade Stock Drops on Margin Concerns

Shares plummeted 25.4 percent on Tuesday, even though the company posted a substantial narrowing of its second-quarter loss from a year ago.

bogner, goldman sachs, willy bogner, permira, blackstone, carlyle, ardian, 3i, fire + ice, burberry, windsor, lvmh, joop, kering, prada

Bogner Said Seeking Buyer

The company will be marketed to private equity groups with a penchant for consumer and retail assets.

Kering-Alibaba Latest Fakes Case

The firms have moved their e-commerce counterfeiting dispute from the courtroom to the conference room.

Roberto Cavalli, VTB Capital, VTB Group, sale, investment, stake, acquisition,

Roberto Cavalli Nears Deal With VTB Capital

The designer is said to be close to signing a deal to sell 60 percent of his namesake company for 500 million euros, or $667.5 million.

WWD Global Stock Tracker Off 2.5% in First Month

Perry Ellis International Inc. advanced the most of the 100 international fashion, luxury, retail and beauty firms monitored on the tracker.

Lululemon Founder Chip Wilson Selling 20.1M Shares to Advent

The $845 million deal gives the private equity firm control of 13.9 percent of activewear company and two board seats.

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