Hanesbrands Inc said it expects earnings to grow 25 percent to 35 percent this year as demand for its products grow and the company cuts costs.
Fabrizio Freda may be spending less time on airplanes these days, but he is busier than ever overseeing Estee Lauder Cos Inc's overhaul.
Pierre Cardin likes to talk about selling his multi-billion fashion empire, but though aged almost 88, he seems to have too many irons in the fire to contemplate retiring any time soon.
The chairman of Italy's Mariella Burani Fashion Group has resigned, the company said, as the fashion group seeks protection from its creditors.
German sporting goods maker Puma gave a subdued outlook for the soccer World Cup year of 2010, saying it expected the overall environment to remain tough, after posting a weaker-than-expected finish to 2009.
French beauty products company L'Oreal has been enjoying renewed growth in the first few weeks of the year, particularly in luxury cosmetics, its chief executive said.
Governments worldwide will have little choice but to raise taxes on the rich to address ballooning deficits, a development that would harm luxury spending in the coming years, said Hermes's chief executive, Patrick Thomas.
Gold gave up gains that took it above $1,070 an ounce in Europe, as the dollar's recovery versus the euro dented the metal's appeal as an alternative asset.
French luxury group Hermes raised its own profit expectations for 2009 after posting forecast-beating full-year sales on the back of strong Christmas trading.
The former chairman of Esprit Holdings, the world's No.7 fashion retailer, is selling shares worth up to $397 million, according a term sheet.
Estee Lauder Cos Inc's chief executive expects the North American economy to start recovering this summer and is preparing the cosmetics maker by sharpening its focus on service and brand-building.
India's gold buying abated as the yellow metal traded above the keenly-watched $1,100 an ounce level, but a stronger rupee aided sentiment, dealers said.
Johnny Weir won't be wearing a costume trimmed with fox fur at the Vancouver Olympics, but the US figure skater says his switch to faux shouldn't be considered a victory by anti-fur activists.
Cool snowboarders and acrobatic freestyle skiers may boost official timekeeper Omega's street-cred amongst a younger crowd at the Winter Olympics in Vancouver, the Swiss watchmaker's said.
SuperGroup, the fast-growing British fashion group considering a stock market flotation this year, said it has appointed former Vodafone director Peter Bamford as its non-executive chairman.
