Page 4 - Luxury Brands

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Aditya Birla Fashion buys 51% stake in luxury designer brand Sabyasachi

Founded by Sabyasachi Mukherjee, the "Sabyasachi" brand is India's largest and most influential luxury designer brand with strong Indian roots and global appeal

Prada to post 2020 operating profit after strong second-half sales rebound

Italian fashion group Prada said it would close 2020 with an operating profit despite the hit from the coronavirus, after revenues and profitability improved markedly in the second half of the year

Super-rich are buying luxury products online like never before

It's not just the number of online auctions that have risen. Buyers' price threshold has shot far beyond anyone's expectations

How Manish Arora went from being 'god' of fashion to failed businessman

Manish Arora was the breakout fashion star of India. Today, his business is in tatters, with a trail of debts. What happened?

Life without LVMH? How Tiffany might fare without the French luxury giant

The deal would have been the biggest-ever in the global luxury industry, allowing Tiffany to quickly expand its global presence and invest more money in spruced-up stores

Dueling over diamonds: LVMH says Tiffany not worth buyout as spat gets ugly

It's an ugly spat for such a glamorous industry: French luxury powerhouse LVMH and US jeweler Tiffany & Co. are blaming each other for the collapse of what would have been the sector's biggest-ever buyout deal. Paris-based LVMH had announced Wednesday it was abandoning the USD 14.5 billion takeover plan because the French government had requested a delay to assess the impact of proposed U.S. tariffs. Tiffany sued to enforce the deal, and on Thursday LVMH lashed back. The Paris-based conglomerate whose holdings including Christian Dior, Louis Vuitton, Moet & Chandon, Bulgari and Sephora issued a statement threatening legal action of its own, accusing Tiffany of mismanaging the financial crisis prompted by virus lockdowns. LVMH criticised Tiffany for issuing dividends even as it was losing money, and Tiffany's performance in the first half of this year was significantly worse than that of other LVMH brands during the period. "LVMH confirms that the conditions are not met" to ..

LVMH drops $14.5 billion deal for Tiffany, cites US tariffs threat

Luxury goods giant LVMH is ending its takeover deal of luxury jewellery retailer Tiffany & Co., citing in part the threat of proposed U.S. tariffs on French goods. The Paris-based conglomerate said that it needs more time to assess the impact of the possible U.S. tariffs on French goods and cannot close the deal before year-end. The USD 14.5 billion deal was scheduled to close November 24. Tiffany replied that it's suing to enforce the merger agreement, which was signed in November 2019. The New York company said LVMH's argument has no basis in French law. Tiffany also said that LVMH hasn't even attempted to seek antitrust approval from three jurisdictions.

Luxury brands quietly sourcing Indian embroiderers for their goods

For years Dior, Saint Laurent and other fashion brands have been quietly using Indian embroiderers, while offering little in the way of employment protection

Never copy-only create made Cartier stand out: Francesca Cartier Brickell

The first and second generation had only one member each but the third generation had three members and that was fundamental to success

Cartiers took several generations to build trust, reputation: Brickell

'In the Cartiers' case, a few strategic marriages to the next generation of founders brought in funds to the family', said Brickell

Asia most expensive region for luxury buying; Mumbai cheapest city: Report

Mumbai offers exceptional value across almost all luxury categories, says Julius Baer's first Global Wealth and Lifestyle Report.

Dim Diwali: From watches to clothes, luxury brands get the slowdown blues

Walk into any designer clothing store which caters to businessmen in Mumbai and the absence of footfalls is evident

What slowdown? Chinese stay home, foreign luxury brands travel to them

BEIJING/LONDON (Reuters) - When Tiffany & Co said this month it was sending its priciest jewellery to mainland China to reach wealthy shoppers no longer jet-setting abroad, it reflected a trend helping global luxury brands weather a Chinese economic slowdown.

What's in your handbag? Poise, personality, price and a piece of history

Handbags are no longer just accessories for the modern woman; the top brands available today come with a great deal of craftsmanship and elegance give their owner her money's worth

Design, craftsmanship two brand pillars of Zoya: Titan's C K Venkatraman

Zoya is our luxury brand, renowned for its precision craftsmanship and distinguished design, says Venkatraman

Luxury fashion brands like Prada and LV make a splash in the art world

It's now quite common to see fashion houses using art to promote their brands - whether this is through window displays, advertisements and billboards, or through in-store art exhibitions

Rihanna teaming up with LVMH to sign a historic luxury fashion deal

The pop culture phenomenon and the luxury group are teaming up, and it's about a lot more than fashion

Can luxury marry technology? Watch makers seeing danger with smart watches

Apple has managed to cross the tech pricing hurdle and command prices that till date only a luxury brand could command

Pre-loved luxury: Why buy when you can rent Sabyasachi or Louis Vuitton

There are enough websites that offer couture on rent and pre-owned designer accessories