PARIS Renault's first loss in a decade triggered a no-taboos commitment to cut costs by 2 billion euros ($2.2 billion) over the next three years from the carmaker on Friday, as it tries to put the Carlos Ghosn affair behind it. | Video
PARIS/NEW YORK Gucci and other luxury labels owned by France's Kering expect smaller crowds at their catwalk shows this month, with Chinese buyers and influencers set to miss the major marketing fixture.
PARIS Gucci-owner Kering has temporarily shut half of its stores in China, and shelved new openings and advertising campaigns there, as the coronavirus outbreak throws luxury brands into turmoil.
PARIS L'Oreal's shares rose on Friday after fourth-quarter earnings from the French cosmetics company helped to offset concerns over the impact of China's coronavirus health crisis on its business.
PARIS Maybelline maker L'Oreal forecast on Thursday that China's coronavirus health crisis would have a short-term hit on its Asian business, its biggest sales driver, though the group said it still expected to outperform cosmetics rivals in 2020.
* News conference on Friday
(Writes through with more details)
PARIS Sales growth at luxury goods group LVMH slowed slightly in the fourth quarter, pushed down in part by a sharp drop in revenue in Hong Kong where months of violent protests have scared away many high-end shoppers.
PARIS Jean Paul Gaultier bade farewell to the catwalk on Wednesday in typically riotous style, as models performed jigs at his show, an actress sauntered down the runway smoking a cigarette and singer Boy George took part in a mock funeral sequence.