Bernard Arnault Joins X as LVMH CEO Fights Off Rumours of Family Disunity
French newspaper Le Monde published a six-part series last week on the tycoon, including alleged tensions among his family members driven by succession.
jewellery
Luxury
The State of Fashion: Watches and Jewellery Report — Bringing the Sparkle Back
The Business of Fashion and McKinsey & Company are pleased to present our State of Fashion Watches and Jewellery Report. Download the full report here.
The State of Fashion: Watches and Jewellery Report — Bringing the Sparkle Back
The Business of Fashion and McKinsey & Company are pleased to present our State of Fashion Watches and Jewellery Report. Download the full report here.
Luxury
The Future of Jewellery: Brands Battle for Buyers of Unbranded Jewellery
Branded fine jewellery will grow at more than twice the rate of the overall jewellery market but competition will be fierce among established jewellery houses, newer DTC players and fashion brands tapping the category.
The Future of Jewellery: Brands Battle for Buyers of Unbranded Jewellery
Branded fine jewellery will grow at more than twice the rate of the overall jewellery market but competition will be fierce among established jewellery houses, newer DTC players and fashion brands tapping the category.
Luxury
The Future of Jewellery: Creating Sparkle Online
To reap the rewards of an online fine jewellery market that’s set to almost double by 2025, brands and retailers need to create enchanting online experiences and leverage dynamic omnichannel strategies.
The Future of Jewellery: Creating Sparkle Online
To reap the rewards of an online fine jewellery market that’s set to almost double by 2025, brands and retailers need to create enchanting online experiences and leverage dynamic omnichannel strategies.
Luxury
The Future of Jewellery: Demand for Sustainably Made Jewellery Will See Explosive Growth
Leaders in the slow-to-act fine jewellery industry must look beyond sustainability as risk mitigation and embrace the branding opportunity it presents.
The Future of Jewellery: Demand for Sustainably Made Jewellery Will See Explosive Growth
Leaders in the slow-to-act fine jewellery industry must look beyond sustainability as risk mitigation and embrace the branding opportunity it presents.
Global Markets
On an Auspicious Day to Buy Jewellery, Indian Retailers Brace for a ‘Washout’
Akshaya Tritiya, an annual spring festival for Hindus and Jains, which falls this year on May 14, is traditionally a bumper sales day for Indian jewellers, given its status as an auspicious date on which to buy gold and jewels.
On an Auspicious Day to Buy Jewellery, Indian Retailers Brace for a ‘Washout’
Akshaya Tritiya, an annual spring festival for Hindus and Jains, which falls this year on May 14, is traditionally a bumper sales day for Indian jewellers, given its status as an auspicious date on which to buy gold and jewels.
Luxury
Why Shoppers Are Obsessed With ‘Summer Camp’ Jewellery
The popularity of $450 Balenciaga beaded bracelets and $24 Urban Outfitters emoji chokers is a sign that consumers are craving fun statement pieces for their post-pandemic wardrobes.
Why Shoppers Are Obsessed With ‘Summer Camp’ Jewellery
The popularity of $450 Balenciaga beaded bracelets and $24 Urban Outfitters emoji chokers is a sign that consumers are craving fun statement pieces for their post-pandemic wardrobes.
Global Markets
Following IPO, Kalyan to Increase Stores Across India
India’s second-largest jewellery chain by market share, Kalyan Jewellers, which raised 1,175 crore rupees ($160.83 million) through an initial public offering (IPO) a fortnight ago, has announced it will increase its retail footprint by 13 percent in the first quarter of this year by adding 14 new showrooms, according to a Business Today report.
Following IPO, Kalyan to Increase Stores Across India
India’s second-largest jewellery chain by market share, Kalyan Jewellers, which raised 1,175 crore rupees ($160.83 million) through an initial public offering (IPO) a fortnight ago, has announced it will increase its retail footprint by 13 percent in the first quarter of this year by adding 14 new showrooms, according to a Business Today report.
China
Cai Xukun is the New Face of De Beers
Luxury jewellery house De Beers has officially announced 22-year-old singer and actor Cai Xukun as its new brand ambassador, accompanying the announcement with the release of a commercial shot by Cai.
Cai Xukun is the New Face of De Beers
Luxury jewellery house De Beers has officially announced 22-year-old singer and actor Cai Xukun as its new brand ambassador, accompanying the announcement with the release of a commercial shot by Cai.
News & Analysis
Diamond Trade Is Roaring Back Thanks to Stuck-at-Home Shoppers
The boom is being driven by bumper holiday jewellery sales, particularly in the vital US and Chinese markets.
Diamond Trade Is Roaring Back Thanks to Stuck-at-Home Shoppers
The boom is being driven by bumper holiday jewellery sales, particularly in the vital US and Chinese markets.
Retail
The Plan to Bring Supreme to the Masses
This week, everyone will be talking about VF Corp.’s plans for Supreme, Haute Couture Week in Paris and LVMH’s latest financial results. Get your BoF Professional Cheat Sheet.
The Plan to Bring Supreme to the Masses
This week, everyone will be talking about VF Corp.’s plans for Supreme, Haute Couture Week in Paris and LVMH’s latest financial results. Get your BoF Professional Cheat Sheet.
Luxury
The Logic Behind Tiffany’s Leadership Shakeup
As new owner LVMH ushers out members of the old guard, Louis Vuitton’s Anthony Ledru has been named CEO, while Rimowa head Alexandre Arnault will run product and communications.
The Logic Behind Tiffany’s Leadership Shakeup
As new owner LVMH ushers out members of the old guard, Louis Vuitton’s Anthony Ledru has been named CEO, while Rimowa head Alexandre Arnault will run product and communications.
Luxury
Alexandre Arnault and Louis Vuitton Manager Ledru Said to Lead Tiffany
A top executive at Louis Vuitton and one of Bernard Arnault’s sons are set to take over management of Tiffany & Co. after the biggest acquisition in the luxury industry by LVMH.
Alexandre Arnault and Louis Vuitton Manager Ledru Said to Lead Tiffany
A top executive at Louis Vuitton and one of Bernard Arnault’s sons are set to take over management of Tiffany & Co. after the biggest acquisition in the luxury industry by LVMH.
The News in Brief
CVC Mulls Buying Stake in Jeweller APM Monaco From TPG
CVC Capital Partners is considering buying a stake in the fashion jeweller from private-equity firm TPG Inc., according to people familiar with the matter.
Will Jewellery Help Shape Luxury’s Winners?
As weak appetite for handbags and geopolitical tensions weigh on fashion sales, luxury groups are leaning on high-performing jewellery to help boost growth and steady profit margins.
London’s Liberty Doubles Fabric Section as Sewing Booms
The department store has more than doubled the size of its fabrics department and will host crafting classes this autumn as social media drives a surge in activities like sewing.
US Businesses File Lawsuit Challenging New ‘Forced Labour’ Tariffs
Two small businesses, backed by the group that successfully sued over previous tariffs, say the new policy similarly exceeds the president’s authority to tax imports.
Perfume Maker Givaudan’s Sales Beat Estimates, Tariff Paybacks Weigh on Shares
Givaudan’s second-quarter organic sales came in ahead of market estimates on Thursday, but its shares fell 5 percent on litigation costs and tariff repayments.
Trump to Impose Forced Labour Duties on Friday as Temporary 10% US Tariffs Expire
The move is the White House’s latest effort to restore Trump’s campaign vision of a near-global tariff after the US Supreme Court in February struck down his ‘reciprocal’ duties.
LVMH Appoints General Manager of Fragrance
Givenchy executive Yann Musquin will lead the group’s fragrance portfolio, succeeding longtime division head Romain Spitzer.