Richemont

Richemont’s Rupert says luxury watchmakers must cut production

By Bloomberg Published September 11, 2024 The head of Richemont, the owner of Cartier and Vacheron Constantin, said the luxury…

1 week ago

Tiffany to halve China flagship store as luxury spending dives

By Bloomberg Published Sep 5, 2024 Tiffany & Co., LVMH’s leading jewelry maker, is planning to downsize a flagship store…

2 weeks ago

Japan’s Shiseido becomes latest luxury brand hit by China slump, shares plunge

By Reuters Published Aug 8, 2024 Japanese cosmetics powerhouse Shiseido fell by its daily limit in Tokyo trading on Thursday…

1 month ago

Bernard Arnault has lost more wealth than any billionaire in 2024

By Bloomberg Published Jul 26, 2024 French tycoon Bernard Arnault’s net worth has plunged this year by more than anyone…

2 months ago

Cucinelli stock slide hints at tough results season for luxury

By Bloomberg Published Jul 14, 2024 Markets’ downbeat reaction to Brunello Cucinelli SpA’s solid second-quarter earnings is an ominous sign…

2 months ago

Richemont’s Online Luxury Retailer Net-A-Porter to Exit China

By Bloomberg Published Jun 14, 2024 Richemont’s luxury e-commerce platform Yoox Net-A-Porter is pulling out of China, as weak consumer…

3 months ago

Swatch shakes up executive committee as luxury slowdown persists

By Bloomberg Published Jun 13, 2024 Swatch Group AG is shaking up its executive management committee just months after the…

3 months ago

Louis Vuitton, Hermès, Chanel lead luxury labels’ brand-value ranking

Translated by Nicola Mira Published Jun 13, 2024 The 2024 edition of the Kantar BrandZ ranking of the world’s 100…

3 months ago

OTB to equip Jil Sander, Marni, Maison Margiela products with digital authenticity certificate

Translated by Nicola Mira Published Jun 5, 2024 Italian fashion group OTB is set to make the supply chain of…

4 months ago

Anine Bing appoints first-ever global brand president, to open Paris office

Anine Bing announced on Monday the appointment of Julie Bourgeois as the Los Angeles brand’s first global president, effective immediately.Julie…

4 months ago