Luxottica Employees Wish Leonardo Del Vecchio Happy 80th

Staff members took out a full page ad in the daily Corriere della Sera.

– 12:53 PM, EST


Men’s Prices Tilt Apparel CPI to the Negative in April

The overall CPI rose a seasonally adjusted 0.1 percent in April.

– 12:23 PM, EST

Marigay McKee, Bill Ford


Marigay McKee and Bill Ford Celebrate Engagement

The party was hosted by Leonard Lauder and Judith Glickman and guests included Tommy and Dee Hilfiger, Gilbert Harrison and Tory Burch.

– 12:10 PM, EST

The Markets

Michael Kors to Build European Distribution Center in the Netherlands

The 1 million-square-foot center is designed by Dutch firm DENC.

– 11:45 AM, EST


Karmaloop Assets Sold to Comvest, CapX for $13 Million

Greg Selkoe, founder and ceo of online streetwear retailer, will become an advisor.

– 11:36 AM, EST

A view of the Lou & Grey store.


Lou & Grey Sets Expansion Plan

Lou & Grey currently has seven stores, with locations in San Jose, Pasadena, Boston, Westport, Alpharetta and Raleigh.

– 10:40 AM, EST

Lara Stone, Eva Longoria and Doutzen Kroes.


AmfAR Gala Turns Into Art Auction

The annual Cannes fundraiser had stars vying for Warhols and Boteros.

– 10:07 AM, EST

Marta Marques and Paulo Almeida


Marques’ Almeida’s Marta Marques and Paulo Almeida Win LVMH Prize

The designers receive a grant of 300,000 euros, or $333,300 at current exchange rates, plus a year of coaching.

– 9:25 AM, EST

An Ann Taylor store.


Ann Inc. Net Boosted by Lower Charges

Profits rose 162 percent in first quarter.

– 8:53 AM, EST

The Net-a-porter Web site.


Richemont Reveals Sales Growth, Losses at Net-a-Porter

The luxury e-tailer is to merge with Yoox Group in September.

– 7:52 AM, EST