The global luxury industry is experiencing a downturn, with Prada considering acquiring Versace to strengthen its market presence. Versace ...

An acquisition of Versace by Prada could strengthen the Italian luxury group by expanding its brand base and resilience. However, restructu...

Indians are rediscovering the charm of analogue watches. Smartwatch sales are declining. Consumers want simpler, more elegant timepieces. E...

Bulgari, a renowned Italian luxury brand, is expanding its presence in India due to a decrease in demand in China. The company sees strong ...

Globally, fashion and luxury brands such as Giorgio Armani, Versace, Fendi, Bottega Veneta, Missoni, Baccarat and even Porsche have tapped ...

The New York-based firm is paying a $57 per share in cash, according to a statement Thursday, a 65% premium over Capri's last closing price...

The US-based watchmaker, which has a manufacturing facility in Himachal Pradesh, plans to increase its capacity for both domestic and overs...

Reliance Retail, India's largest retailer by sales and number of outlets, and its high-end retailing arm Reliance Brands, have been on shop...

The hefty investment by Reliance, with a market value of $238 billion, shows the drive of Ambani's family to expand in luxury - especially ...

Demand for designer shoes last year slid 21% globally.

Existing investor Aion is getting a partial payout and is likely to roll over $50 million of its $110 million exposure.

Gianni Versace SpA has terminated its exclusive franchise agreement with Indian partner Blues Clothing Company citing "poor performance".

Right now, Captain Nair has an extraordinary problem: Rs 4,300-cr debt, profit-less quarters and ongoing negotiations with lenders.

Last five years have been a roller coaster ride for organized retail in India.