Richemont’s Watchfinder purchase is a small deal that means a lot.
When it comes to the future of LVMH, chief Bernard Arnault has made it clear that family comes first.
Chief executive Alessandro Bogliolo believes the American jewellery house is uniquely positioned to cater to millennials, despite falling marriage rates.
The multi-disciplinary exhibit at Birmingham's Ikon Gallery consists of original commissions, exploring sociopolitical tension points in the contemporary fashion landscape.
Calvin Klein's sales rose 18 percent in the reported quarter, while Tommy Hilfiger reported sales growth of 21 percent.
The jeans of the moment have an inherently limited lifespan linked to the zeitgeist. But the shrewdest labels are able to maintain relevance and keep revenue coming in when the moment passes.
The launch is part of an ambitious growth plan for the New York-based e-tailer, which raised $165 million in 2017 and is preparing to enter Asia in 2019.
This new breed of spenders, millennial shoppers bent on spending everything they earn on luxury goods, represent a major cultural shift away from a more conservative consumer landscape in China.
The Airbnb of luxury fashion has secured $2 million which will be used invest in new technologies to scale the platform and expand internationally.
Gucci, Prada and Balenciaga are increasingly looking to sneakers for growth, putting them in direct competition with sportswear giants like Nike and Adidas.
The French luxury brand has renewed the designer’s contract as artistic director of women’s collections.
Men and young millennial shoppers are main drivers of a sales explosion at Balenciaga.
The Italian label has continued to enjoy solid growth in China, defying a wider downturn in demand for European luxury. The June 11 presentation of its summer collection will be the latest in a series of travelling shows.
Whereas Rolex is both a buyer and seller of its second-hand watches through official retail partners, Audemars is setting up a marketplace where sellers set prices.
The recovery long promised by luxury brands seems nowhere in sight, as the expansion of war in the Middle East, along with China’s tax crackdown on the wealthy, piled further pressure on the world’s biggest luxury conglomerates in the third quarter, and executives buckled in for a tough winter.
The French leather goods powerhouse reported no sales growth in Asia-Pacific excluding Japan, its biggest market, last quarter.
Performance was weighed down by the core Moncler brand, known for its puffer jackets, which posted a 1 percent decline in revenue during the quarter.
The Indian brand will hold a special event at the Florence show.
The Lii designer took home the top award after winning the Karl Lagerfeld prize at the LVMH Prize earlier this year.
Total shipments rose 2.7 percent to $23.6 billion in the first nine months of the year, the Federation of the Swiss Watch Industry said Tuesday.