Sales updates from Europe’s big luxury brands have offered scant reassurance that Chinese demand for high-end…
international
Kering warns H1 operating profit to tumble as Gucci sales fall, ET Retail
French luxury group Kering expects a 40% to 45% plunge in first-half operating profit, it said…
US sues to block merger of Coach and Michael Kors handbag makers, ET Retail
The U.S. Federal Trade Commission on Monday sued to block Coach parent Tapestry‘s $8.5 billion deal…