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Richemont

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

by David Johnson
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 Bourgeois – Courtesy In the new role, Bourgeois will …

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Luxury stocks fall as Chanel results hint at tougher times ahead

by Lionel Rogers
Luxury stocks fall as Chanel results hint at tougher times ahead

By Bloomberg Published May 22, 2024 Luxury stocks took a hit in Europe Wednesday after Chanel warned that the industry is “entering a more challenging environment” and analysts said they …

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Richemont puts an end to the AZ Factory label, transforming it into an academy for young designers

by David Johnson
Richemont puts an end to the AZ Factory label, transforming it into an academy for young designers

Launched four years ago, the AZ Factory brand is coming to an end as a commercial entity. But the adventure continues in another form. The democratic fashion house created by …

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AZ Factory to Pause Fashion Brand, Cease Retail Operations

by Lionel Rogers
AZ Factory to Pause Fashion Brand, Cease Retail Operations

AZ Factory is to shutter its fashion brand and cease retail operations, but continue to support independent fashion designers, WWD has learned. Initially a new vehicle for acclaimed fashion designer …

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Cartier, LVMH look to stores outside Paris for Olympic retail boost

by Lionel Rogers
Cartier, LVMH look to stores outside Paris for Olympic retail boost

By Reuters Published May 21, 2024 Luxury retailers in European cities outside France are jockeying for business from deep pocketed tourists this summer, betting on a surge in visitors avoiding …

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Cartier owner Richemont names new CEO, Johann Rupert

by Anas Siddiqui
Cartier owner Richemont names new CEO, Johann Rupert

Cartier owner Richemont named a new chief executive on Friday as its 73-year-old founder and chairman Johann Rupert hands off some of his responsibilities. Nicolas Bos, the 51-year-old French head …

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Luxury giant Richemont revives CEO role, Q4 sales dip, but Alaïa booms

by Lionel Rogers
Luxury giant Richemont revives CEO role, Q4 sales dip, but Alaïa booms

Richemont had a lot to share on Friday with the Swiss luxury giant both confirming the slowdown in the luxury sector (albeit with only a 1% sales dip in Q4) …

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June’s Men’s Week welcomes Dunhill and Martine Rose

by Lionel Rogers
June’s Men’s Week welcomes Dunhill and Martine Rose

Milan Fashion Week is shaping up to be a British-influenced affair. This season, the capital of Lombardy is taking on two major London regulars. For the first time in its …

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Watches of Switzerland Group to buy Roberto Coin’s US ops

by Lionel Rogers
Watches of Switzerland Group to buy Roberto Coin’s US ops

Italian jewellers are clearly in fashion. Just a day after Richemont announced it’s buying Vhernier, UK-based Watches of Switzerland Group had its own big news — it’s buying Roberto Coin …

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Luxury Is Getting Louder, and It’s the Accessories Doing the Talking

by Lionel Rogers
Luxury Is Getting Louder, and It’s the Accessories Doing the Talking

LONDON — Luxury is getting a little louder, but it’s the accessories, not the clothes, doing the talking. In their fall 2024 seasonal report, Net-a-porter’s buying director Kate Benson and …

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