Financial

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Financial

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Coach Gives Back Some of Its M&A-Rumor Gains

Shares of company slip 1.4 percent on Monday after a 5.4 percent run on Friday.

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Tod's Joins Luxe Pack Seeing Profits Fall

The company said net profits in the first half of the year dropped 26 percent as sales slowed as a result of a challenging environment in China.

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Wall Street Wary of Coach's Q4 Results

Analysts are still concerned over consumer receptivity to the new product line.

Safilo Profits Jump 23% in First Half

The company reported strong sales, especially in the second quarter, and a big drop in net financial expenses.

Shareholders File Suit Against Pandora

The Danish jewelry brand’s stock declined Thursday after investors sued over a 2011 profit warning.

JOHN HARDY, Catterton, acquisition, jewelry brand,  Robert Hanson, ceo, Damien Dernoncourt, Guy Bedarida, Miles Graham

Catterton Buys John Hardy Brand

WWD has also learned that Robert Hanson, former ceo of American Eagle Outfitters, has been named ceo of the luxury jewelry brand.

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Kering Profits Slide 4.7% in First Half

The French conglomerate revealed it is acquiring the Swiss luxury watch brand Ulysse Nardin.

Chris Burch Talks BaubleBar Investment

The online jewelry retailer has raised $10 million in a Series B financing led by Burch Creative Capital.

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Norwest Venture Partners Takes Kendra Scott Stake

The fashion jewelry brand has linked with the Palo Alto, Calif.-based investment firm to bolster its growth in both the brick-and-mortar and online arenas.

Luxottica Posts 11% Net Gain in Q2

Growth accelerated in the period, which also registered an all-time quarterly record in operating margin and free cash flow.

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LVMH Profits Slide on Asia Slump

The French luxury giant reported a 4.3 percent dip in net profits in the six months to June 30 to 1.51 billion euros, or $2.07 billion.

Currency Hits Swatch Net in First Half

Watchmaker cites negative currency environment as sales gain 4 percent in period.

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