China has arrested more than 4,000 people for violating intellectual property rights (IPR) since November and will enforce tougher punishments to combat the "rampant" problem, a senior government official said on Tuesday.
The luxury footwear company, famous for its ultra-glamorous high heels, has just launched shoes for men. The sneak preview, to take place at Milan’s fashion week, will most definitely not go unnoticed.
As of last Monday, Alex Malgouyres has taken charge of the communications department at John Galliano. The post, vacant for almost 2 years, controls all of the brand’s lines in both France and internationally.
Shares in watchmaker Swatch Group fall more than 3 percent, lagging a 0.4 percent rise in the European sector index, as investors take profits and concerns about the impact of the strong Swiss franc weigh.
France's stock-market regulator said it will allow family shareholders of luxury goods group Hermes to pool their holdings, without forcing them to buy out minority shareholders, boosting the group's efforts to fend off rival LVMH.
French regulators will consider on Thursday whether Hermes family shareholders can pool holdings as a takeover defence without having to make a bid of their own, according to a person familiar with the matter.
The son of an Oscar-winning composer pleaded innocent on Tuesday to second-degree murder in the death of his ex-girlfriend, a swimwear designer whose body was found in a bathtub at an upscale New York hotel.