Adidas and Reebok are the world’s most transparent brands, but despite achieving the highest scores, they still have a long way to go towards being completely transparent, according to Fashion Revolution.
French luxury goods group Hermès said on Thursday that sales growth accelerated in the first quarter, driven by demand from Asian customers, providing further evidence of a broader recovery in the luxury goods industry.
Shares in LVMH, the world's biggest luxury goods group, hit a record high on Tuesday after the French company beat sales forecasts in the first quarter and said demand from Chinese customers had picked up.
Place Vendôme is no longer just a square in Paris. Soon it will also be Place Vendôme, the most luxurious shopping destination in Qatar, the country with the highest per capita income on the planet, at $140,000 annually.
Swiss watchmakers expect the market to stay challenging this year with the United States, their second-biggest market, showing no signs of recovering, executives told Reuters at an industry fair in Basel.