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Richemont

Richemont adds to jewellery portfolio with Vhernier buy

by David Johnson
Richemont adds to jewellery portfolio with Vhernier buy

Swiss luxury giant Richemont announced on Tuesday that it has reached an agreement to acquire 100% of Vhernier S.p.A., the Italian jewellery house, in a private transaction. Vhernier Forty-year-old Vhernier …

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Sylvester Stallone to auction $2.5 million Patek Philippe in Sotheby’s trove

by David Johnson
Sylvester Stallone to auction .5 million Patek Philippe in Sotheby’s trove

By Bloomberg Published May 6, 2024 Rocky star Sylvester Stallone will sell 11 timepieces at Sotheby’s on June 5, including an ultra-rare Patek Philippe Grandmaster Chime watch that originally sold …

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Montblanc Taps Wes Anderson to Celebrate Meisterstück’s 100th Birthday

by Lionel Rogers
Montblanc Taps Wes Anderson to Celebrate Meisterstück’s 100th Birthday

THE WRITE STUFF: Celebrating the centenary of its emblematic Meisterstück pen, Montblanc has tapped Wes Anderson, a filmmaker gifted in conveying a pleasing retro aesthetic via his studied use of …

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why is Burberry a possible takeover target?

by David Johnson
why is Burberry a possible takeover target?

Burberry’s falling share price puts it in the sights of deep-pocketed groups seeking likely takeover targets, an analyst said this week. See catwalkBurberry – Fall-Winter2024 – 2025 – Womenswear – …

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Spanish beauty billionaires seek IPO to ward off succession drama

by Lionel Rogers
Spanish beauty billionaires seek IPO to ward off succession drama

By Bloomberg Published Apr 25, 2024 Over four days of celebrations to mark its centenary in 2014, Spain’s biggest beauty products company inaugurated a new headquarters in Barcelona attended by the Iberian nation’s then Prince …

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Swiss watch exports plunge as China and Hong Kong demand dries up

by David Johnson
Swiss watch exports plunge as China and Hong Kong demand dries up

By Bloomberg Published Apr 18, 2024 Monthly Swiss watch exports suffered their biggest decline since 2020 as demand for premium and luxury timepieces in key markets including China and Hong …

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Rich Chinese tourists drive luxury demand in Japan on weak yen

by Lionel Rogers
Rich Chinese tourists drive luxury demand in Japan on weak yen

By Bloomberg Published Apr 17, 2024 LVMH’s first-quarter results brought reassuring signs that wealthy Chinese shoppers are splashing out on luxury items — just not in China. See catwalkLouis Vuitton …

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Luxury labels take Italy by storm at Venice Biennale, Milan Design Week

by David Johnson
Luxury labels take Italy by storm at Venice Biennale, Milan Design Week

Translated by Nicola Mira Published Apr 14, 2024 Italy is more than ever at the centre of attention this spring, hosting in April some of the most interesting events in …

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Mytheresa among those mulling YNAP buy

by Lionel Rogers
Mytheresa among those mulling YNAP buy

Richemont’s renewed attempts to divest Yoox Net-A-Porter have attracted the attention of luxury rival Mytheresa, a report has claimed. The business is believed to be among potential bidders to buy …

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Charles Leung replaces Jean-Marc Mansvelt as CEO

by Lionel Rogers
Charles Leung replaces Jean-Marc Mansvelt as CEO

Translated by Nicola Mira Published Apr 3, 2024 Stéphane Bianchi, currently head of the LVMH group’s watches and jewellery division, will step down to assume the role of LVMH group …

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