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
Luxury
Tiffany's Profit Rises on Strong Demand in Japan, China
The company has been struggling to lift sales, particularly in the Americas - its biggest market - as shoppers shift to cheaper and chic brands, and spend lesser on accessories.
News & Analysis
A Funding Crunch May Finally Force India's Secretive Diamond Industry to Come Out Into the Open
"With traditional banking routes closing down due to concerns over mounting defaults, the $12-billion sector has to become more transparent to be
Retail
News Bites | Italy Launches Green Carpet Fashion Awards, What Next for Tiffany?
In today's News Bites, Italy launches a celebration of its ethical and sustainable manufacturing industry, and a sign that Tiffany needs to chart a new path forward.
Luxury
Tiffany Could Learn a Lot From Lady Gaga
Tiffany must leave its comfort zone and move faster than it's used to, truly embracing change rather than just showing ads about it.
News & Analysis
The New Tiffany & Co. Needs Women
"As the storied brand comes off a sluggish decade, it’s looking to the 'self-purchasing woman' to save it."
News & Analysis
Nadja Swarovski's 2017: 'Creating an Industry of Values'
For the Austrian crystal and jewellery company, 2017 will be a time to invest in technology and sustainable innovation.
News & Analysis
Fabergé Attracts Admirers as Gemfields Ponders Sale
"Gemfields bought Fabergé – famed for its intricate, jewelled Russian Imperial eggs – for around £90m in 2012 from private equity firm Pallinghurst
News & Analysis
Dominic Jones Resurfaces at Astley Clarke
Luxury jeweller Astley Clarke has appointed Dominic Jones as its new creative director.
News & Analysis
The Big Business Of Red Carpet Bling
"Jewellery companies of all sizes compete to get their baubles on the right celebrities at the right time — including the Emmys."
News & Analysis
Dusting Off Cartier on Fifth Avenue and Beyond
Cartier chief executive Cyrille Vigneron discusses his vision for the world-famous jeweller, starting with the re-opening of its historic New York mansion.
News & Analysis
Turning Around Tiffany
Tiffany chief executive Frederic Cumenal shares his plans for remaking the 179-year-old jewellery house along with its new advertising campaign, conceived by Grace Coddington.
News & Analysis
Jewellery Nestling in New Real Estate on the Body
Luxury body jewellery is piquing the interest of consumers and global retailers alike.
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.