Finance

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Amazon

Amazon has another record-breaking quarter

Ecommerce giant Amazon has posted its third successive quarter of record breaking results beating analysts’ expectations. Sales in the second quarter leapt by

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Dior

Christian Dior posts full-year sales up 8%

Christian Dior has posted revenue up 8% to €38bn for the year ending 30 June 2016. Profit from recurring operations was also up

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Gucci, YSL and Puma star performers as Kering posts Q2 results

Luxury group Kering posted better than expected Q2 figures today with Gucci, Yves Saint Laurent and Puma cited as star performers of the

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Louis Vuitton LVMH

ANALYSIS: LVMH – good news and bad in first half

The luxury sector is being closely watched at the moment for any signs of a recovery, or even of a further downturn. And

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DKNY

LVMH confirms sale of Donna Karan to G-III

LVMH has confirmed last week’s rumours by selling Donna Karan International, which includes the DKNY label, to American manufacturer and license holder G-III in

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Isabel Marant

Isabel Marant sells majority stake to Montefiore Investment

Investment fund Montefiore Investment has acquired a 51% stake in French premium womenswear brand Isabel Marant and will look to expand it into

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LVMH reported to be planning sale of DKNY

Luxury conglomerate LVMH is said to be targeting a specific buyer to purchase DKNY, a year after its founder Donna Karan stepped away

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Belstaff

Belstaff puts brakes on IPO after Brexit vote

Belstaff has put plans to float on ice following Britain’s vote to leave the EU. The motorcycle heritage brand had moved its operations

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Brexit EU Walpole

European consumers more concerned about Brexit than British

Consumers in Spain, Italy and Poland are more concerned about the effect Brexit will have on their economy than British consumers are, according

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Percival

Percival launches Crowdcube campaign to develop wholesale strategy

Emerging menswear brand Percival has launched a campaign on Crowdcube to raise £250,000 of investment to enable it to develop a wholesale strategy

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Luxury

Burberry reports flat sales as market remains challenging

Burberry, which two days ago revealed it would install a new chief executive next year, has revealed unchanged underlying retail revenue for the

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Kantar

Consumer spending and fashion sales growth slowed pre-Brexit vote

Consumer spending grew at its slowest rate since 2009 (when the British economy was in recession) in the three months leading up to

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