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Kering's luxury houses report positive sales growth in Q3

Kering’s consolidated revenue in the third quarter totalled 3,717.7 million euros, down 4.3 percent as reported and 1.2 percent on a comparable basis. This performance, the company said, represents a sharp rebound compared with the year-on-year contraction of 43.5 percent as reported and 43.7 percent on a comparable basis posted in the second...

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Apparel

Chennai: Next luxury destination for global biggies

Chennai, the city that did not believe in flaunting its wealth has fast moved to grab eyeballs of some of the biggest international luxury brands venturing into India. From BMW, Ducati, Honda to Louis Vuitton, Canali, Paul Smith and Etro. The rapid growth of the city is said to be triggered mainly by factors like people migrating from other...

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