Financial

Accessories

Financial

Page 19 of 29

Marcolin Hit by European Economy

Accessories firm registered an 8.5 percent drop in net profits in the first quarter to 7.3 million euros.

Fossil Shares Fall

Firm cuts guidance following Skagen deal.

Fossil Leads Fashion Stocks Down

Euro jitters vexed global stock markets Tuesday, but Fossil Inc. took a direct hit after it warned of first-quarter sluggishness in Europe and cut its outlook.

Luxottica Profits Climb 14%

The designer-branded eyewear group posted what it described as “the best first quarter” in its history.

Luxury Sales Seen Topping $260B in 2012

Accessories and the hard luxury category will remain the best performing divisions, according to a new Bain & Co. and Fondazione Altagamma study.

Safilo Net Slips in First Quarter

Weak consumer spending and the phasing out of the Giorgio Armani group licenses hurt Safilo Group SpA’s bottom line.

Hong Kong Exchange Agrees to Graff Flotation

London-based jeweler looks to raise $1 billion in initial public offering expected to take place in the second quarter.

Hermes, Hermès, earnings, sales, profits, Q1, first quarter, Birkin, Kelly, counterfeit, leather handbags, silk squares,

Hermès Revenues on the Rise

French luxury brand reports strong demand in both mature and emerging markets in the first quarter.

Precious Metal Price Plunge

A spot check on the performance of gold, silver and platinum since reaching their last high.

Samsonite, Tim Parker, luggage, American Tourister, ceo, restructuring, Lift range, Asia, China, growth,

Samsonite CEO Tim Parker Talks Strategy

Executive credits the introduction of region-specific luggage as instrumental in helping the company’s sales reach a record $1.56 billion last year.

Jeffrey Kapelman, Howard Feller, Hana Ben-Shabat, Uri Minkoff, Andy Laats, Nixon, Michael Kors, Roger Markfield, accessories companies, M&A, mergers, acquisitions, M&A activity, private equity firms, investing, investments, accessories brands, ipo, initial public offering, Ferragamo, Prada, Samsonite, Michael Kors, Fossil, Skagen Designs, Alexis Bittar, Rebecca Minkoff, Nixon,

Accessories Brands Benefit From M&A Activity

Be it economically driven, or brand driven, accessories companies are getting an infusion of capital from investors.

Heritage Auctions Puts Accessories Oddities on the Block

Such branded rarities as a Chanel bicycle and a Louis Vuitton soccer ball are up for bidding.

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