News
Two more Italian fashion firms put under judicial control over suspected labour exploitation
19+ hour, 30+ min ago (484+ words) MILAN, March 17 (Reuters) " Milan prosecutors on Tuesday placed fashion firms Alberto Aspesi and Dama SpA, owner of the Paul & Shark brand, under judicial supervision over alleged exploitation of migrant workers, legal documents show, the latest blow to Italy's "luxury sector....
Porsche targets some improvement under new CEO after 2025 tailspin
1+ week, 3+ hour ago (179+ words) BERLIN, March 11 (Reuters) " German carmaker Porsche, a subsidiary of Volkswagen, expects some recovery this year, "as it dusts itself off "from a turbulent 2025 rocked by profit warnings, tariff costs and the departure of its long-standing CEO. Porsche on Wednesday "forecast…...
US, Japan may partner with Japan Display for new US plant under investment package, sources say
1+ week, 2+ day ago (349+ words) By Makiko Yamazaki and Tamiyuki Kihara TOKYO, March 9 (Reuters) " Tokyo and Washington are looking at building a display factory in the U.S. in partnership with Japan Display as part of "Japan's planned $550 billion investment package, two sources with knowledge "of the…...
Armani heirs say new Emporio collection blends continuity and ‘sparkling’ touch
2+ week, 5+ day ago (179+ words) MILAN, Feb 26 (Reuters) " The heirs of Giorgio Armani " his partner Leo Dell'Orco and his "niece Silvana Armani " said they "had "fun" working together on the Emporio Armani collection, which stays true to the late designer's style while introducing some "new…...
Prada layers winter jackets over light dresses at Milan show as Zuckerberg’s presence fuels smart glasses talk
2+ week, 5+ day ago (209+ words) MILAN, Feb 26 (Reuters) " Prada's autumn/winter show in Milan on Thursday included embroidered satin dresses, sheer skirts and "wool sweaters, while the front row "presence of Mark Zuckerberg fuelled speculation about a potential smart glasses partnership. Designers Miuccia Prada and…...
Burberry’s winter 2026 show evokes a rainy London night out
3+ week, 1+ day ago (231+ words) LONDON, Feb 23 (Reuters) " Burberry recreated a rainy London night out for its winter 2026 show on Monday, sending "models in fur and leather down "a tar-like catwalk covered in puddles. In Old Billingsgate Market, a former fish market on the banks…...
Rolls-Royce to return as much as $2 billion to shareholders in buyback, Sky News reports
3+ week, 2+ day ago (136+ words) Feb 22 (Reuters) " Rolls-Royce Holdings is expected to announce alongside its annual "results this week "that it will launch a fresh share buyback worth as much as 1.5 billion "pounds ($2 "billion), Sky "News reported on "Sunday. Reuters could not immediately verify the…...
Ferrari beats fourth quarter estimates, sees core profit growing this year
1+ mon, 1+ week ago (104+ words) MILAN, Feb 10 (Reuters) " Italian luxury carmaker Ferrari on "Tuesday said its core earnings would rise slightly in 2026 supported by "new models coming "this year, and beat analyst estimates for the fourth quarter of 2025, "sending its shares up. The company "guided…...
Kering’s fourth-quarter sales fall less than expected as Gucci slide continues
1+ mon, 1+ week ago (371+ words) PARIS, Feb 10 (Reuters) " Kering reported on Tuesday a slightly smaller-than-expected drop in fourth-quarter sales, as investors await details of CEO Luca de Meo's plans to revive the Gucci owner's flagging "fortunes. Sales reached 3.9 billion euros ($4.64 billion), down 3% from the previous…...
Motor racing-Hollywood director Bay sues Cadillac F1 over Super Bowl advert
1+ mon, 1+ week ago (380+ words) Feb 9 (Reuters) " Cadillac Formula One CEO Dan Towriss said he hoped for an amicable settlement to legal action taken by Hollywood director Michael Bay over a livery launch commercial "during Sunday's Super Bowl. The spot showed the as-yet unnamed black…...