Alexandre Arnault Joins Nike’s Board of Directors
The LVMH executive joins Nike’s board as the sportswear giant prepares to be removed from the S&P 100 index after nearly two decades.
jewellery
Luxury
Tiffany Reportedly Asked LVMH to Raise Its $14.5 Billion Offer
LVMH reportedly remains engaged and is considering a new offer for the American jewellery retailer.
Tiffany Reportedly Asked LVMH to Raise Its $14.5 Billion Offer
LVMH reportedly remains engaged and is considering a new offer for the American jewellery retailer.
Retail
Pandora Cuts Sales Outlook After Poor Third-Quarter
Weakened customer demand, falling shares and political unrest in Hong Kong have hindered the jewellery brand’s attempt at relaunching.
Pandora Cuts Sales Outlook After Poor Third-Quarter
Weakened customer demand, falling shares and political unrest in Hong Kong have hindered the jewellery brand’s attempt at relaunching.
Luxury
Bulgari CEO Sees China Jewellery Sales Rising Despite Slowing Economy
The luxury jewellery company seeks to double profits over the next five years by expanding its brick-and-mortar footprint in China.
Bulgari CEO Sees China Jewellery Sales Rising Despite Slowing Economy
The luxury jewellery company seeks to double profits over the next five years by expanding its brick-and-mortar footprint in China.
Luxury
De Beers to Sell Lab-Grown Diamonds in Stores
The mining giant once opposed marketing synthetic stones to consumers but started selling them online last year under a new brand, Lightbox.
De Beers to Sell Lab-Grown Diamonds in Stores
The mining giant once opposed marketing synthetic stones to consumers but started selling them online last year under a new brand, Lightbox.
Luxury
De Beers Diamond Sales Fall 39 Percent in a Year
The jeweller's sales data indicates that 2019 is one of the worst years for the diamond industry in a long time.
De Beers Diamond Sales Fall 39 Percent in a Year
The jeweller's sales data indicates that 2019 is one of the worst years for the diamond industry in a long time.
News & Analysis
Richemont Buys Buccellati to Bolster Jewellery Business
The Swiss luxury-goods maker bought the Italian jewellery maison from Chinese investment company Gangtai Group for an undisclosed price.
Richemont Buys Buccellati to Bolster Jewellery Business
The Swiss luxury-goods maker bought the Italian jewellery maison from Chinese investment company Gangtai Group for an undisclosed price.
China
As Luxury Suffers in Hong Kong, Tiffany Turns to Mainland China
With estimates of the Hong Kong luxury market falling by as much as 60 percent this year, luxury brands like Tiffany & Co. are redoubling their efforts on the mainland.
As Luxury Suffers in Hong Kong, Tiffany Turns to Mainland China
With estimates of the Hong Kong luxury market falling by as much as 60 percent this year, luxury brands like Tiffany & Co. are redoubling their efforts on the mainland.
Retail
Tiffany Plans More China Stores as Tourist Spending Falls
The weak yuan is detering Chinese consumers from spending overseas and they are shifting their luxury buying back home.
Tiffany Plans More China Stores as Tourist Spending Falls
The weak yuan is detering Chinese consumers from spending overseas and they are shifting their luxury buying back home.
News & Analysis
Slick Woods Launches a Jewellery Line That Aims to Fund Minority-Owned Businesses
The model and Instagram star partnered with other black creatives to found C1V1L, a direct-to-consumer brand with major ambitions to give back to the culture.
Slick Woods Launches a Jewellery Line That Aims to Fund Minority-Owned Businesses
The model and Instagram star partnered with other black creatives to found C1V1L, a direct-to-consumer brand with major ambitions to give back to the culture.
Retail
Struggling Jewellery Maker Pandora to Relaunch Brand
The Denmark-based company will completely revamp the design of its 2,700 shops worldwide, unveil a new logo, increase marketing campaigns featuring celebrities and launch themed collections.
Struggling Jewellery Maker Pandora to Relaunch Brand
The Denmark-based company will completely revamp the design of its 2,700 shops worldwide, unveil a new logo, increase marketing campaigns featuring celebrities and launch themed collections.
Luxury
Tiffany & Co. Quarterly Earnings Beat Estimates
The luxury jeweller was hurt by lower spending among tourists and political unrest in Hong Kong, sending same-store sales down 3 percent compared to an expected 1.3 percent drop, but had focused on the Mainland Chinese market.
Tiffany & Co. Quarterly Earnings Beat Estimates
The luxury jeweller was hurt by lower spending among tourists and political unrest in Hong Kong, sending same-store sales down 3 percent compared to an expected 1.3 percent drop, but had focused on the Mainland Chinese market.
News & Analysis
Tourists Aren't Shopping Like They Used To. Who Will Replace Them?
This week everyone will be talking about Tiffany & Co. and the declining tourist trade, the Venice Film Festival and fashion's climate pact. Read our BoF Professional Cheat Sheet.
Tourists Aren't Shopping Like They Used To. Who Will Replace Them?
This week everyone will be talking about Tiffany & Co. and the declining tourist trade, the Venice Film Festival and fashion's climate pact. Read our BoF Professional Cheat Sheet.
The News in Brief
Matthieu Blazy, Sarah Burton, Haider Ackermann Among Nominees for BFC Designer of the Year
The Fashion Awards ceremony, set for Nov. 30, will also recognise the BFC’s second Vanguard award recipient, recognising emerging British design talent.
Supergoop Announces Chief Commercial Officer
The sunscreen label has appointed former Coty executive Jamie Parker to the newly created role as it gears up to become a “global skin health company.”
Mytheresa Owner’s Sales Rise as Ultra Wealthy Keep Shopping
LuxExperience posted a rise in sales as the luxury multibrand platform’s strategy of catering to the ultra wealthy helped it navigate a difficult environment for high-end fashion.
The Independents Acquires Production Studio Smuggler
The global collective has brought film studio Smuggler under its umbrella to bolster its entertainment capabilities.
L’Oréal Steals French Stock Market Crown From LVMH
The cosmetics group became France’s most valuable listed company on Tuesday, the first time since 2017 that a non-luxury company has claimed the top spot at the end of a trading day.
Authentic Brands Targets Creator Economy, Eyes Public Offering
The licensor could pursue an IPO as early as the first half of next year.
Vogue Mexico and Latin America Editor-in-Chief Karla Martinez de Salas to Step Down
The industry veteran is joining Latino-focused media platform Avance Global to establish a new lifestyle brand that will span fashion, design, travel, food, culture and entertainment.