Bloomberg The UK government abruptly reimposed quarantine rules on travellers returning to England from France days before it was due to ease the restrictions for most of Europe, drawing immediate anger from tourism bodies and airlines. Citing concern about the spread of the beta variant of the virus, UK ordered that anyone arriving after Monday from across the Channel will …

Bloomberg Shoppers rushing back to stores after the lifting of lockdowns boosted European brands selling everything from watches to sneakers to handbags. Richemont, the owner of Cartier and Van Cleef & Arpels, reported a more than doubling in first-quarter revenue, while sales at Burberry Group Plc topped estimates. The results show consumers are hungry for luxury goods as they emerge …

Bloomberg L Catterton, the private equity firm backed by luxury French fashion house LVMH, agreed to buy a 60% stake in Italian fashion company Etro SpA, Sole 24 Ore reported on its website, without citing anyone. The deal values Etro at about 500 million euros ($590 million), the newspaper reported. Etro, which had hired Rothschild as an adviser, had been …