While reviving heritage fashion brands can be lucrative, only a handful have been financially successful despite critical ...

Despite crafting sublime stays, they lack the ad spend, social badges, and buzz of the world's most highly valued brands.

The price Prada has agreed to pay is a big discount to the roughly $2.15 billion including debt that US-based Capri, then ...

The merger strengthens Italy’s hand in a luxury industry led by French conglomerates, the biggest being Louis Vuitton owner ...

A TikTok from the account senbags2 claiming that 80 percent of luxury bags are made in China, has gone viral online, receiving over 10 million views as of press time. "They take almost finished bags ...

A spokesperson for LVMH, the largest luxury group in the world ... “Made in Italy is at the core of our identity,” he said.

MILAN (Reuters) -Prada has struck a deal to buy smaller rival Versace from Capri Holdings in a move to unite two of the ...

Italian fashion giant Versace, the long-held family business known for its flashy, sexy designs and Medusa head logo, will now become part of Prada, its larger rival and polar opposite ...

The same consumers who, last year, were responsible for 24 percent of the total $1.62 trillion global luxury spend, according to Bain & Company ... A spokesman for LVMH, the largest luxury ...

Prada is seeking to expand, having defied a slowdown in luxury demand, while Versace has been operating at a loss in recent quarters ...

Prada struck a deal on Thursday to buy smaller rival Versace from Capri Holdings for $1.375 billion, which includes its debt, ...