U.S. equities were hammered in mid-morning trading as investors fretted over the impact of new regulations in China allowing fund managers to short stocks as well as more stringent rules on lending margins.
The new platform has attracted some high-profile industry investors — Ken Seiff, founder of Bluefly, and Silas Chou, who backed the Michael Kors and Tommy Hilfiger businesses.
Government and Trade
Concerns grow over xenophobic attacks in Johannesburg.
Mergers and Acquisitions
Simpson markets 31 product categories ranging from footwear and apparel to fashion accessories, fragrance, girls clothing and a home line.
The lawsuit filed by three former employees alleges the apparel manufacturer violated federal and state labor laws.
Forecasts and Analysis
Francois-Henri Pinault's all-in attitude toward sustainability rang clear as a bell throughout Thursday night’s “Why Sustainable Fashion is Smart Business” talk at Parsons The New School for Design.
Marketing and Promotion
The growing bevy of beauty apps offers everything from online scheduling for an at-home blowout to determining if a brand tests on animals.
He succeeds Emilio Carbonera Giani, who left the company at the end of March.
The lone fashion brand fighting for coveted real estate on a consumer’s smartphone or tablet is losing out to apps that give shoppers a path to multiple labels
Arnault treated shareholders of LVMH Moët Hennessy Louis Vuitton to a nearly hour-long lesson in how to succeed in business.
Second in the list of cities with the highest luxury prices is Hong Kong.