Luxury-goods

Luxury-goods company Richemont's sales rose 29%, driven by demand in China, but it warned of slowing industry growth.

What's News— 2011

PARIS—Luxury-goods company Hermès International SCA Thursday posted an 18% rise in 2011 sales, illustrating the company's resilience to deteriorating consumer confidence.

Asia, Americas Boost Hermès Nadya Masidlover 2012

Luxury-goods conglomerate LVMH Mo ë t Hennessy Louis Vuitton now controls Fendi, though many of the Fendi family still work for the company.

Fendi Scion Finally Finds Condo Buyer Craig Karmin 2011

Luxury-goods group PPR fell 2.8% after S & P analysts cut their rating to hold from buy.

Europe Rises, Asia Falls 2010

Luxury-goods companies were among the worst performers amid worries over China, where data showed that the manufacturing sector contracted for the third consecutive month in September.

Quarter Ends With a Thud in Europe, Asia 2011

Luxury-goods firms are fighting over rapidly growing Chinese demand for indulgences like leather handbags and expensive watches.

Prada Taps China's Haute Market Duncan Mavin 2011

Luxury-goods maker Prada Group said it has formed a joint-venture company with United Arab Emirates-based luxury retailer Al Tayer Insignia to expand its retail presence across the Middle East, where Prada doesn't have any directly-operated stores.

Business Watch 2011

Luxury-goods leader LVMH Moet Hennessy Louis Vuitton in March made its biggest acquisition ever, spending €4.3 billion for Italian jeweler Bulgari SpA.

Jones Group Buys Kurt Geiger for $352 Million Marietta Cauchi 2011

Luxury-goods issues also gained after well-received updates from LVMH Moet Hennessy Louis Vuitton and Burberry.

European Markets Lifted by Auto and Luxury Stocks Toby Anderson 2011

Luxury-goods houses like Herm è s, LVMH and Tod's (see "The Shoe-In") reported earnings growth throughout the two-year downturn and continue to thrive.

Editor's Letter Tina Gaudoin 2010