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Trouble in China's shopping paradise as Hainan duty-free spending falls 29%
Duty-free spending in China's island province of Hainan, where global luxury players from LVMH to Kering have set up shop, slumped 29.3% last year as a weak economy saw a sharp drop in domestic visitors.
Luxury
Retail
Designer Rosita Missoni, pioneer of coloured knitwear, dies aged 93
Italian designer Rosita Missoni, co-founder of the eponymous fashion house known for its bright and patterned styles, died on Thursday at the age of 93, a company official said.
Luxury
People
Marquee Brands has big plans for newly-acquired Laura Ashley
US-based licensing giant Marquee Brands has acquired heritage lifestyle and fashion brand Laura Ashley from Gordon Brothers for an undisclosed sum.
Fashion
Business
Inside luxury goods' broken audit system
Dior's production arm in Italy, Manufactures Dior, relied on formal inspections to assess working and safety standards inside its supply chain last year. In some cases, such certifications missed glaring problems.
Luxury
Industry
David Beckham companies see rising profits as star continues to make an impact globally
Accounts for the companies that own and operate the David Beckham brands and businesses showed another successful year in 2023.
Fashion
Business
