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Gucci sales to fall by 20% due to Asia slowdown

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Sales at Gucci are expected to fall by 20% in the first quarter due to a slowdown in Asia, according to its Paris-based owner...

Rare blue diamond sold for $40M at auction

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A very rare blue diamond sold for over $40m (£32m) at a Christie's auction in Geneva, news agencies said. The 17.61 carat, pear-shaped Bleu Royal...

Casio opens first distribution store in Nairobi

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Japanese watchmaker, Casio, has opened its first store in Nairobi as the firm seeks to tap the growing luxury consumer market in Kenya. Casio Computer...

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