Paris and Milan dream of the return of Chinese tourists
By Bloomberg Published Dec 22, 2023 2024 is the Year of the Dragon, but it may not be so lucky for luxury brands. Even though Chinese consumers can now travel to …
Cartier
Cartier unveils its high jewellery workshop, the largest in the world
Translated by Cassidy STEPHENS Published Dec 20, 2023 With nearly 200 highly skilled craftsmen united under one roof in Paris, Cartier has the world’s largest fine jewellery workshop. Since September …
Richemont scraps agreement to sell online retailer YNAP to Farfetch
By Reuters API Published Dec 18, 2023 Cartier-owner Richemont on Monday said it had scrapped an agreement to sell part of its online fashion and accessories business Yoox Net-A-Porter (YNAP) …
Telfar dominates luxury resale market: Rebag report
Luxury resale platform Rebag has recognized Telfar as a top-performing resale brand in 2023. Telfar top-performing resale brand: Rebag report. – Rebag According to Rebag’s ‘Clair Report’ for 2023, Telfar …
Farfetch in talks with Apollo Global for rescue deal
By Reuters API Published Dec 14, 2023 Online luxury retailer Farfetch is in talks with Apollo Global Management to secure emergency funding for shoring up its finances, Sky News reported …
Richemont names Laurent Malecaze as President & CEO of Chloé
Luxury group Richemont has appointed Laurent Malecaze to be the new President & CEO of Chloé, its Paris-based fashion house. Laurent Malecaze Malecaze succeeds Riccardo Bellini, who help oversee the recent surprise appointment of Chemena Kamali as the …
Hermès created Europe’s biggest family fortune after spurning LVMH
By Bloomberg Published Dec 9, 2023 On a chilly October day in Paris in 2010, Bertrand Puech got an unexpected call on his cellphone from Bernard Arnault, the founder of …
The record rush to buy a Rolex or a Patek Philippe is over
By Bloomberg Published Dec 9, 2023 The biggest ever boom in Swiss luxury watches is coming to an end. For three years, the industry enjoyed a surge of renewed interest …
Bernard Arnault acquires another Champs Elysées building
Luxury’s greatest shopaholic, Bernard Arnault, has bought himself another trophy building, located on his favorite strip – Les Champs Elysées. Bernard Arnault – LVMH The French multi-billionaire snapped up 150 …
speculation mounts around Farfetch plans
Speculation around Farfetch’s future continues to grow as its share price falls and multiple rumours emerge about what it does and doesn’t plan to do. The share price dropped to …