MUMBAI, India — “I've got it all, Jimmy Choo and Manolo, Prada, Galliano. Can’t get enough. I want more and more... Louis Vuitton and Stella McCartney, Donatella Versace. I use a bag from Gucci.”
Iconic department store Barneys is set to close after it filing for bankruptcy. The New York department store has felt the effects of rising rents and fewer visitors to its luxury fashion boutiques.
BERLIN, Germany — Global Fashion Group (GFG), the online fashion retailer focused on emerging markets, said it is working hard to reduce its losses as it reported second-quarter sales rose a currency-adjusted 16.5 percent.