LUXURY is out of fashion. The sector is facing a perfect storm. Chinese spending, the industry’s growth engine for so long, ...

Apparently Kering and Mayhoola want to get rid of Valentino, while Samaritaine is in crisis: if so, Burberry's drop is OK ...

Under current Chairman and CEO Francois-Henri Pinault, Kering bought a 30 per cent stake in Valentino for 1.7 billion euros ...

For a decade, a Chinese tailor toiled in a three-story building on the outskirts of Milan, working 13-hour days making ...

Former Missouri congressman Billy Long was ceremonially sworn in as commissioner of the Internal Revenue Service on Friday in the Oval Office, taking over a beleaguered agency that he once sought to ...

These are the stories making headlines in fashion on Friday.

Kering and investment firm Mayhoola are reportedly considering selling fashion house Valentino. The potential sale comes at a ...

Kering's potential sale of Valentino could help new CEO Luca de Meo address the luxury group's debt challenges. With existing ...

By Tassilo Hummel and Lisa Jucca PARIS/MILAN (Reuters) -Luxury group Kering's partner in Valentino was quick to rule out a ...

The head of Qatar-backed Mayhoola dismissed reports on Friday suggesting the fund and Kering (EPA: PRTP) were exploring a ...

The majority owner of Valentino denied a newspaper report that it plans to sell the Italian fashion house alongside partner ...