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Burberry faces a lengthy stay in the bargain bin

BREAKINGVIEWS-Burberry faces a lengthy stay in the bargain bin The author is a Reuters Breakingviews columnist. The opinions expressed are her own. Updates to add graphic. By Aimee Donnellan LONDON, July 15 (Reuters Breakingviews) - Retailers typically get rid of excess stock by throwing it in the bargain bin. After issuing another profit warning , suspending its dividend and replacing its CEO, that may also be 2.7 billion pound ($3.4 billion) Burberry’s BRBY.L fate for the foreseeable future.
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Paris' La Defense seeks revival with smaller, greener offices

FOCUS-Paris' La Defense seeks revival with smaller, greener offices By Mathieu Rosemain PARIS, June 28 (Reuters) - Paris's La Defense business district is betting that modernising more than 300,000 square metres (3.2 million sq. ft) of offices into greener and more flexible work space will lure back companies and ease record high vacancy rates. With brutalist architecture and modern skyscrapers dominating the skyline to the west of the Arc de Triomphe, La Defense is considered Europe's largest p
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LVMH Chief Arnault owns stake in luxury rival Richemont, Bloomberg reports

UPDATE 1-LVMH Chief Arnault owns stake in luxury rival Richemont, Bloomberg reports Adds further comment from analysts ZURICH, June 25 (Reuters) - French billionaire Bernard Arnault, Europe's richest man and the chairman of high fashion to champagne group LVMH LVMH.PA , has bought a stake in smaller luxury rival Richemont CFR.S , Bloomberg reported on Tuesday.
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LVMH Chief Arnault owns stake in luxury rival Richemont, Bloomberg reports

LVMH Chief Arnault owns stake in luxury rival Richemont, Bloomberg reports ZURICH, June 25 (Reuters) - French billionaire Bernard Arnault, Europe's richest man and the chairman of high fashion to champagne group LVMH LVMH.PA , has bought a stake in smaller luxury rival Richemont CFR.S , Bloomberg reported on Tuesday. The exact size of the shareholding in the owner of Cartier jewellery and Arnault's intentions are unclear, the report said.
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Chanel takes haute couture fashion to Paris Opera house

Chanel takes haute couture fashion to Paris Opera house By Mimosa Spencer PARIS, June 25 (Reuters) - Chanel held its haute couture show at the Paris Palais Garnier Opera house on Tuesday, displaying a lineup of sparkly evening wear that ranged from trim, embellished tweed ensembles to voluminous, silk taffeta capes. Models emerged from the tiny doors of the historic building's private boxes and marched down the corridors, where the audience was seated on plush, red chairs under a low, mirrored c
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Dior nods to sports with jersey fabrics in Paris haute couture show

Dior nods to sports with jersey fabrics in Paris haute couture show By Mimosa Spencer PARIS, June 24 (Reuters) - Christian Dior designer Maria Grazia Chiuri nodded to sports with an haute couture runway show in Paris on Monday that featured jersey fabrics worked into draped, asymmetric gowns. Models in flat, gladiator sandals marched past colourful mosaics -- towering portraits of athletes in action, drawn from artwork by American artist Faith Ringgold -- and paraded flowing dresses, racer-backe
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French and Benelux stocks-Factors to watch

French and Benelux stocks-Factors to watch June 11 (Reuters) - Below are company-related news and stories from France and Benelux which could have an impact on the region's markets or individual stocks. ATOS ATOS.PA : Picked Layani's consortium as its preferred financial restructuring proposal. LVMH LVMH.PA An Italian subsidiary of French luxury giant LVMH that makes Dior-branded handbags was placed under court administration on Monday, after a probe alleged it had sub-contracted work to Chinese
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LVMH's unit put under court administration in Italy over labour exploitation

UPDATE 7-LVMH's unit put under court administration in Italy over labour exploitation Measure mirrors similar decision on Armani subsidiary in April Workers slept in workplace to ensure 24 hour manpower supply Bags produced by supplier at a cost of 1/50 its retail price Updates JUNE 10 story to add data on turnover in paragraph 11; latest share price in 13 By Emilio Parodi MILAN, June 11 (Reuters) - An Italian subsidiary of French luxury giant LVMH LVMH.PA that makes Dior-branded handbags was pl
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Dior unit put under court administration in Italy over labour exploitation

Dior unit put under court administration in Italy over labour exploitation MILAN, June 10 (Reuters) - An Italian court on Monday placed under judicial administration a company owned by the Italian unit of French fashion group Christian Dior LVMH.PA , DIOR.PA for subcontracting its production to Chinese companies that exploited workers. The court in Milan ordered a one-year administration for Manufacturers Dior Srl, according to the ruling seen by Reuters.
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LVMH roles held by Bernard Arnault's children

FACTBOX-LVMH roles held by Bernard Arnault's children Updates previously published Factbox with newly added role for Frederic Arnault, current ages as of June 6, 2024 PARIS, June 6 - LVMH LVMH.PA Chairman and CEO Bernard Arnault's five children have been moving up the ranks of the luxury empire. All of them hold top management roles in the company.
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With thistles and tartan, Dior pays tribute to Scotland in cruise collection

RPT-With thistles and tartan, Dior pays tribute to Scotland in cruise collection Repeats story published earlier on Tuesday to add video to media descriptor; no changes to text. LONDON, June 4 (Reuters) - French fashion house Christian Dior paid homage to Scotland at a catwalk show in a Perthshire castle, with tartan designs and thistle motifs adorning its cruise 2025 collection.
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With thistles and tartan, Dior pays tribute to Scotland in cruise collection

With thistles and tartan, Dior pays tribute to Scotland in cruise collection LONDON, June 4 (Reuters) - French fashion house Christian Dior paid homage to Scotland at a catwalk show in a Perthshire castle, with tartan designs and thistle motifs adorning its cruise 2025 collection. Celebrities, including Hollywood actors Jennifer Lawrence and Anya Taylor-Joy, gathered in the picturesque gardens of Drummond Castle in central Scotland for the show on Monday, where designer Maria Grazia Chiuri peppe
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LVMH's beauty performance provides 'helpful' read for sector, analysts say

BUZZ-LVMH's beauty performance provides 'helpful' read for sector, analysts say ** J.P.Morgan, Jefferies point to LVMH's LVMH.PA Q1 results provide a proxy for global luxury beauty sector, with JPM saying they read as "helpful" ** JPM says LVMH's Perfume & Cosmetics unit slightly beat expectations with 7% sales growth (vs. 6.8% expected), while Sel
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