Saks Fifth Avenue president talks about luxury

New York 02/24/19, 13:01

Saks Fifth Avenue President Marc Metrick wants to bring theater to luxury shopping at a time when shoppers can buy their designer handbags online.Under his leadership, Saks is in the last phase of what he calls a $250 million redevelopment of the storied Saks Fifth Avenue flagship in Manhattan just ...

Trump nominates handbag designer as envoy to South Africa

U.S. 11/15/18, 13:33

President Donald Trump has nominated a South Florida-based luxury fashion and handbag designer to be the new U.S. ambassador to South Africa. The White House announced the nomination of native South African Lana Marks late Wednesday. Marks was born and raised in South Africa and is now the CEO of the Lana ...

Michael Kors ups the glamour, buys Versace for $2 billion

Business 09/25/18, 08:21

Michael Kors is buying the Italian fashion house Gianni Versace in a deal worth more than $2 billion (1.83 billion euros), continuing its hard charge into the world of high-end fashion.The deal announced Tuesday follows the New York handbag maker's $1.35 billion acquisition last year of the shoemaker Jimmy Choo.Michael ...

Los Angeles to consider banning sale of fur products

U.S. 09/18/18, 13:20

LOS ANGELES (AP) — Los Angeles would become the largest city in the U.S. to ban the sale of fur products if the City Council approves a proposed law backed by animal activists who say the multibillion-dollar fur industry is rife with cruelty.

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