(Reuters) -Gucci-owner Kering (EPA:PRTP) paid 3.5 billion euros ($3.83 billion) for acquiring high-end French fragrance label Creed in June, the Financial Times reported on ...

Peers including Estee Lauder — which Gooch-Peters said had also made mistakes in China — and Gucci-owner Kering have fallen significantly over the period, too. Fourth-quarter sales at LVMH ...

Luxury goods are more expensive than competing products because they are perceived as higher quality and confer status on the owner. Because of that relationship, the brand is a crucial component ...