Viktor & Rolf has announced its intention to terminate its ready-to-wear line, following its autumn/winter 2015 collection.
Online retail spending in China will exceed a staggering $1 trillion by 2019, according to new research.
Swiss watch exports last year ticked in at a historic 22.2 billion Swiss francs ($23.9 billion), the Customs Administration said.
Britain’s whisky trade is worth over £5 billion to the economy each year and provides over 40,000 jobs, according to a recent study.
Sales of luxury goods in mainland China fell`1% to 115 billion yuan ($18.5 billion) in 2014 compared to a year earlier according to Bain & Company.
Gucci has decided to stay in-house and hand the creative director title to its head accessories designer Alessandro Michele.