Arnault Clan to Change LVMH Holding Structure to Ensure Control
Under the plan, the world’s biggest luxury group will be controlled by one entity, Agache SCA, after Christian Dior SE, one of the current holding companies of LVMH, is delisted.
fine-jewellery
News & Analysis
The Jeweller Who Was Alexander McQueen’s Closest Collaborator
Together, Shaun Leane and Lee Alexander McQueen pushed boundaries and changed the perception of what jewellery or fashion could be. Now, Leane's archive is up for auction.
News & Analysis
Cartier Opens its Archive for US Exhibition
For the first time ever, 500 pieces of Cartier's finest haute bling will go on display in the maison's biggest ever exhibition in New York.
News & Analysis
Diamond Miners Encouraged by New Sources of High-End Stones
"Drought of large diamonds ends in Lesotho, as Canadian firms ponders developing fancy yellow mines, and Namibia’s offshore searches now paying off."
News & Analysis
Tiffany Rises as Lady Gaga Helps Fuel Demand for New Designs
The results reflect Tiffany’s strategy to win back customers, including younger shoppers, by renovating stores and offering new designs, such as the HardWear collection promoted by the singer.
News & Analysis
Hemmerle, a Jeweller’s Jeweller
In a slow luxury jewellery market, a German company with no traditional sales channels has attracted attention for its unique strategy.
News & Analysis
News Bites | Can ‘The Leopards’ Become the Oscars of Jewellery?
In today’s News Bites, how six of the most influential names in fine jewellery have joined forces to create a star-studded awards ceremony that will support The Prince's Trust and put their craft at the heart of the cultural zeitgeist.
News & Analysis
Tiffany's New CEO Faces Jewellery Industry That's Lost Its Sparkle
Amid the turmoil, Tiffany is betting industry veteran Alessandro Bogliolo will be able to right the ship and reinvigorate the chain’s 180-year-old brand.
News & Analysis
How Statement Earrings Became Generation Selfie’s Favourite Trend
From Cos to Céline to Chopard, brands are doubling down on statement earrings in exaggerated sizes and mismatched colours to tap a new generation of consumers.
Luxury
Tiffany Shares Fall After Surprise Sales Decline
Shares in the luxury jeweller fell by 6.6. percent in early trading after the company posted an unexpected sales decline in the first quarter.
Beauty
News Bites | Modern Dazed Acquires Nowness Stake, Kérastase On-Demand, Elie Top Online
In today's News Bites, a new joint venture between Modern Media and Dazed Media acquires a majority stake in Nowness, Elie Top unveils an innovative new digital platform, and Kérastase taps the experience economy.
News & Analysis
News Bites | Cartier Links With Sofia Coppola on Movie
In today's News Bites, Sofia Coppola on the inspiration behind her latest film, which celebrates the relaunch of Cartier's Panthère watch.
Retail
De Beers Ends Retail Venture with LVMH
After more than 16 years, the luxury jeweller has ended a joint venture to run its retail stores with LVMH.
The News in Brief
JD Sports Says Nike Turnaround Is Only a Matter of Time
Dominic Platt, chief financial officer of the British sportswear retailer, told Reuters, ‘Much as there's a lot of talk about Nike, it's still the most popular brand out there and it's still a very strong brand.’
Chanel Plans to Keep Investing in China Despite Demand Downturn
CEO Leena Nair pointed to the brand’s recent renovation of its Plaza 66 boutique in Shanghai, calling China ‘a market where the clients understand sophistication, refinement.’
Meta Expected to Unveil Smart Glasses Without Camera
Smart glasses have become a target of criticism in recent months amid growing concerns they can be used to record people without their consent.
Record Global Fibre Production Pushes Fashion’s Environmental Footprint Higher
Planet-warming emissions associated with the raw materials used to make fashion, footwear and home textiles have risen 30 percent since 2019, according to a new report.
Novo Nordisk Looks to Target Hair Loss in Consumer Push
The maker of Ozempic and Wegovy seeks to expand its direct-to-consumer pharmaceutical business as rival Eli Lilly outpaces in weight-loss drugs.
On Targets High-Teens Growth Through 2029
The Swiss brand revealed its plan to keep up its momentum with new products in sports such as golf and its Mbappé-supported entry into football ahead of its investor day Tuesday.
Reference Festival to Host ‘Freie Kunst’ Event at Art Basel Paris
The event runs from Oct. 22 to 25 and will mix participants from art, fashion, music and technology as part of the festival’s tradition of a ‘radical and unhinged exchange of ideas,’ said Mumi Haiati, founder of the event’s organiser Reference Studios.