The DKNY show in February. The sale of the Donna Karan brand, which includes DKNY, will most likely be regarded as a rare admission of failure on the part of LVMH.
LONDON Oil prices fell on Monday, holding near two-month lows amid worries that a global glut of crude and refined products would weigh on markets for some time.
TOKYO Asian shares held near nine-month highs on Monday as worries over the impact of Britain's Brexit vote eased, while the dollar was buoyed by a run of solid U.S.
Much ink is spilled in denouncing how much money CEOs of large companies are paid these days. But there is a simple answer to all of this which is that CEOs are paid a lot because CEOs are worth a lot.
ZURICH— Julius Baer Group AG JBAXY -0.49 % said it increased assets it manages for clients in the first half of this year, as the Swiss bank bulked up on staff and its overall results were bolstered by the U.K.