Author name: Jennifer Davis

Jennifer Davis is a writer for Highland Loch Press. She writes about arts, automotive, travel, and fashion. Jennifer also loves to cook, travel, and spend time with her family.

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Why Luxury Is Warming Up to Lab-Grown Diamonds

After avoiding lab-grown diamonds for years, luxury brands are finding they have their uses. In recent months, Prada, watchmaker TAG Heuer and LVMH-owned jeweller Fred have all unveiled new products featuring lab-grown stones. Prada revealed a jewellery collection in October featuring diamonds grown in the shape of its triangle logo. The month before, Fred introduced

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Traders Fear Antitrust Risk in $8.5 Billion Deal Between Coach, Michael Kors Owners

Traders are growing increasingly sceptical that antitrust regulators will approve Tapestry Inc.’s pending $8.5 billion takeover of rival Capri Holdings Ltd. — even if Tapestry’s leadership is confident the deal will go through. The concerns stem from the tie-up of two major players in the high-end accessories market. Tapestry sells leather products and other luxury

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US Retail Sales Top Forecasts as Consumers Keep Fuelling Growth

US retail sales rose by more than forecast in March and the prior month was revised higher, showcasing resilient consumer demand that keeps fuelling a surprisingly strong economy. The value of retail purchases, unadjusted for inflation, increased 0.7 percent from February, Commerce Department data showed Monday. That matched the highest estimate in a Bloomberg survey

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Tapestry Merger With Versace Owner Capri Gets EU, Japan Approval

Coach parent Tapestry’s $8.5 billion deal to buy Michael Kors owner Capri Holdings has received regulatory clearance from the European Union and Japan, the companies said on Monday. The merger, which would bring top luxury labels such as Tapestry’s Kate Spade, Stuart Weitzman and Capri’s Jimmy Choo and Versace under one roof, still awaits approval

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Online Marketplace Verishop Acquires Data Firm Trendalytics

E-commerce marketplace Verishop bought data analytics firm Trendalytics in a cash and equity deal that closed in March, the company confirmed to Business of Fashion. Financial terms of the deal were not disclosed. Trendalytics, which provides search and trend forecasting data to companies like Ulta and Macy’s, will give the small brands that sell on

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Balmain Names New CEO

French fashion house Balmain has appointed Matteo Sgarbossa as chief executive, effective May 6. Sgarbossa succeeds Jean-Jacques Guevel, who left the Mayhoola-owned business in March 2024. During his tenure, Guevel led the company through the pandemic, boosted the brand’s entry-level offer with the introduction of a monogrammed canvas handbag range and public shows and inked

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China’s Q1 GDP Growth Likely to Slow, More Stimulus on the Cards

China’s economy is expected to have slowed in the first quarter as a protracted property downturn and weak private-sector confidence weigh on demand, maintaining pressures on policymakers to unveil more stimulus measures. Data on Tuesday is forecast to show gross domestic product grew 4.6 percent in January-March from a year earlier, slowing from 5.2 percent

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Hermès Can Surpass Vuitton as Luxury’s Biggest Brand, Citi Says

Hermès has potential to surpass LVMH’s flagship Louis Vuitton in the coming years as the luxury industry’s biggest brand by turnover, according to Citigroup Inc. analysts. The Birkin bag maker’s sales are set to hit the “symbolic” €20 billion ($21.3 billion) level by 2027 or before, Thomas Chauvet wrote in a note dated April 12

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