Today's News

Swatch Group, the world's biggest watchmaker, is expecting high single or double-digit sales growth this year as demand from China and for middle and lower-price products holds up in the face of global economic...

Miriam Lahage, who stepped down as Managing Director of eBay Fashion last March, will join department stores Peek & Cloppenburg on 1st June. The retail expert will become Managing Director of New Business.

Avon Products Inc's loss of a $10.7 billion takeover bid from smaller cosmetics rival Coty Inc leaves shareholders hoping that new Chief Executive Sherilyn McCoy has a great turnaround plan in the works.

Women's apparel retailer Talbots Inc and Sycamore Partners extended the exclusivity period for the private equity firm's non-binding $214.6 million takeover offer.

Richemont, the world's second-largest luxury goods group, said on Wednesday it was cautiously optimistic for the future despite the unstable economic environment as it posted forecast-beating results, driven by...

Canadians may soon be able to pay for purchases with a quick tap of their smartphones after a major bank and the country's largest wireless carrier struck a deal to embed credit card information on handsets...

Sales at retailers barely rose in April as the boost from an unseasonably warm winter faded, pointing to some loss of momentum in consumer spending early in the second quarter.

John Lewis, Britain's biggest department store group, has raised its sales guidance after outperforming a flat retail market in its first quarter and believes the economy is on course for a slow recovery, despite...

Abercrombie & Fitch Co posted an 88 percent drop in quarterly profit on Wednesday, hurt in part by difficult market conditions in Europe.

Women's apparel retailer Chico's FAS Inc reported better-than-expected quarterly results, boosted by strong sales at all its brands and the opening of new stores.

Off-price retailer TJX Cos Inc posted a bigger quarterly profit that topped Wall Street estimates on strong sales in Europe, and raised its full-year forecast, sending shares up as much as 7 percent Tuesday.

Italian fashion firm Benetton has agreed to make a donation to a Catholic charity to end a legal dispute with the Vatican over an advertisement that showed Pope Benedict kissing an imam on the lips, the Vatican said...

A decadent gown made from feathers and a printed lace latex dress designed by some of fashion's luminaries will go on display as part of a new exhibition to celebrate the glitz and glamour of Britain's...

A centuries-old diamond passed down through generations of European royalty fetched nine million Swiss francs ($9.7 million) at auction in Geneva on Tuesday.

Saks Inc cautioned on Tuesday that gross margin will fall in the current quarter as it increases price cuts to clear inventory in areas like designer women's clothing, where sales disappointed during the period.

The Body Shop recently unveiled model and actress Lily Cole as its Global Brand Advocate and face of its 'Beauty with Heart' campaign.

Dick's Sporting Goods Inc reported quarterly results that comfortably beat Wall Street estimates, helped by stronger sales at its online business and Golf Galaxy stores.

The Royal Mail has launched a series of stamps celebrating Great British Fashion. Featuring designs from Vivienne Westwood, Alexander McQueen, Zandra Rhodes and Ossie Clark, the images were shot for the series by...

Fragrance company Coty Inc withdrew its $10.7 billion takeover bid for Avon Products Inc on Monday evening, saying the world's largest cosmetics direct seller had missed a deadline to start discussing a deal that...

Swedish budget fashion giant H&M said on Tuesday sales at stores open a year or more dropped 10 percent in local currencies in April, right in line with a Reuters poll forecast.

The Swiss competition commission said it will extend measures for Swatch Group to supply mechanical components to competitors through 2013.

A growing number of people are attracted to a career in horology as Swiss watch firms vie to meet buoyant Asian demand and to fill the hole left when industry heavyweight Swatch decided to cut the volume of mechanical...

Italian luxury shoemaker Salvatore Ferragamo said on Monday its net profit including minorities in the first quarter rose 10.2 percent to 17 million euros boosted by higher sales.

British fashion label Paul Smith said Tuesday it was planning to open 24 stores in China over the next five years in its second attempt at tapping the country's booming luxury market.

A sweeping new Moscow fashion exhibit illustrates the evolution of Soviet couture behind the Iron Curtain from the post World War One era to Perestroika.

Platinum will remain in surplus this year, weighing on prices, but sister metal palladium will switch into a deficit as demand recovers, industrials group Johnson Matthey predicted Monday.

Selfridges has won the title of department store of the year at the Global Department Store Summit, held in Paris on 10th and 11th May.

Avon Products Inc shares rose more than 5 percent in premarket trading on Monday, a day after the cosmetics company said it would consider the latest proposal from Coty Inc, raising hopes of a takeover.