Swedish fashion giant Hennes & Mauritz said on Wednesday the son of its main owner and chairman would take over as top executive of the company, replacing the group's retiring boss.
The second half of January was better than December for Italian eyewear maker Luxottica, Chief Executive Andrea Guerra said on Thursday.
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.
German fashion house Escada has appointed Michael Boernicke, the former chief executive of German pay-TV broadcaster Premiere, as finance chief, it said.
Italian shoemaker Geox has a solid cash flow and no immediate need for refinancing, the company's chairman told Reuters on Wednesday.
U.S. off-price retailer TJX Cos Inc (TJX.N) on Wednesday said its Chief Financial Officer Nirmal "Trip" Tripathy was resigning and its chief administrative officer, Jeffrey Naylor, would take over the job.
Gap Inc named former Levi Strauss & Co executive Mark Breitbard the chief merchandising and creative officer for Old Navy, its lower-cost family clothing chain that has struggled to find its footing amid declining traffic.
Coldwater Creek Inc (CWTR.O) cut annual base salaries by 15 percent for its top executives including the chief executive officer and chief financial officer and some other senior managers, effective Feb. 1.
Swedish fashion giant H&M (HMb.ST) is seen posting a rise in fourth-quarter earnings next week despite dire conditions in almost all its markets.
The world economy is in recession, but that has not put off a new luxury hotel group from opening 8 properties across the globe with the belief that any room filled at another hotel is an opportunity.
Chanel expects to see continued growth in 2009 but at a slower pace due to the economic meltdown, the head of the company's fashion division Bruno Pavlosky told AFP on Friday.
Independent Swiss watchmaker Rolex expects demand for its timepieces to fall in 2009, its chief executive was quoted as saying on Friday, as consumers' appetite for luxury items wanes. "Last year was an absolute record.
Evoking memories of the 1997 financial crisis, many South Koreans are selling gold jewellery -- even their wedding rings -- amid the economic downturn, merchants said Wednesday.
The winter sales for Italy's Mariella Burani Fashion Group (MBFG.MI) have started reasonably well after a good enough December but difficult November, Chief Executive Giovanni Burani said on Tuesday.
Outerwear maker Columbia Sportswear Co said on Tuesday it will promote Chief Accounting Officer Thomas Cusick to the position of chief financial officer, effective Jan. 23.
