Luxury giant LVMH posts 5% dip in annual revenue amid luxury market stabilization
French luxury group LVMH posted a 5% dip in annual revenue on a reported basis and 1% organically, as the retail giant navigated a...
luxury retailer
Puma names new Global Brand Marketing VP; Ralph Lauren expands board with new appointment
Puma appointed former Hugo Boss executive Nadia Kokni as VP of Global Brand Marketing, while Ralph Lauren added NBCUniversal’s Cesar Conde to its board.
Prada strengthens luxury hold with completion of $1.4 billion Versace acquisition
Italian fashion powerhouse Prada has finalized the $1.38 billion (€1.25 billion) takeover of Milanese rival Versace from US-based Capri Holdings, integrating the iconic brand...
Kering buys 20% of Italy’s Raselli Franco in $135 million jewelry deal
Kering has acquired a 20% stake in Italy’s Raselli Franco Group for $135 million (€115 million), boosting its jewelry supply chain and luxury business.
NVIDIA and telecom operators deploy distributed AI grids for ultra-fast services 
Oscars 2026: From ‘Sinners’ to ‘One battle after another,’ here are the night’s big winners 
Faster pickups, lower costs: IKEA China rolls out self-driving vehicles to boost efficiency, cut delays 
From code to car: BMW brings humanoid robots into German production lines