Gucci America sued several credit card processing companies for trademark infringement on grounds those companies facilitated the sale of counterfeit Gucci bags on the Internet.
U.S. shoe and clothing maker Kenneth Cole Productions Inc posted a narrower-than-expected quarterly loss, helped by tight cost control and inventory management, and forecast a surprise third-quarter loss.
Puma sales, which include consolidated and license sales, reached €636.5 million during the second quarter, a currency-adjusted decrease of 2.6% and an increase of 1.2% in Euro terms, marking a solid performance in a globally challenging environment.
Crocs Inc said it is on track to return to a profit next year after handily beating Wall Street estimates for the second quarter, and shares of the shoe company rose 28 percent.
Blue Nile Inc, which sells jewelry online, posted a slightly lower second-quarter profit, as it saw fewer takers for baubles in the recession.
K-Swiss Inc posted a wider-than-expected quarterly loss, as international revenue nearly halved, and the athletic-shoes maker tightened its full-year outlook range.
German fragrance and food-flavours maker Symrise said second-quarter net income dropped 44 percent on high feedstock costs and as demand for high-margin fragrances for luxury cosmetics and perfumes declined.
Polo Ralph Lauren Corp reported a bigger-than-expected quarterly profit, helped by cost cuts and gains in market share, and the clothing maker's shares rose as much as 6.3 percent to a 10-month high.
Henkel said it expects its adhesives business to remain at least stable after the division's sales decline slowed in the second quarter.
Procter & Gamble Co posted an 18 percent drop in quarterly profit, as sales fell across all of its businesses, but stood by its profit forecast as the pressure of foreign currency fluctuations eases.
Adidas AG, the world's No. 2 sports goods maker, said it had turned the corner after reporting better-than-expected second-quarter results and kept its 2009 outlook, sending its shares higher.
Premium jeans brand True Religion Apparel Inc's quarterly profit beat market expectations as margins improved helped by a segment-mix shift towards its higher-margin consumer direct business, and raised the full-year outlook.
Debt-laden Italian eyewear maker Safilo swung to a first-half net loss as sales fell, and said it would concentrate on its core business as talks with financial investors had ended.
The sovereign wealth funds of the emirate of Qatar are interested in taking a stake of around 30% in Italian luxury group Prada which has abandoned its planned offering on the stock market.
Gold jewellery sale volumes in Dubai fell around 40 percent in July on a year ago, as the economic downturn and summer heat deterred tourism.
