By Bloomberg Published Jan 13, 2024 Luxury stocks are off to a rough start this year, adding to their 2023 drop, with Burberry Group Plc’s surprise profit warning crushing hopes …
Luxury conglomerate LVMH announced on Friday a series of significant internal appointments and changes within its watches and jewelry division. LVMH names Frédéric Arnault CEO of LVMH Watches – LVMH …
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 …
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 …
Translated by Nicola Mira Published Dec 19, 2023 As bankruptcy loomed, Farfetch found a last-minute rescuer in Korean e-commerce giant Coupang, which bought the British luxury e-tailer and bailed it …
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) …
Farfetch has found a rescuer. And who is it? Step forward Coupang, the Fortune 200 company listed on the New York Stock Exchange that’s one of the largest retailers in …
By Bloomberg Published Dec 16, 2023 For LVMH and other luxury-goods stocks, 2024 is shaping up to be 2023 in reverse. See catwalkLouis Vuitton – Spring-Summer2024 – Womenswear – Paris …
Translated by Nicola Mira Published Dec 15, 2023 French department store group Galeries Lafayette has placed Nicolas Morineaux, a luxury and finance expert with a strong track record in Asia, …
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 …