Louis Vuitton owner LVMH, the world’s biggest luxury goods maker, delivered better-than-expected sales growth in the fourth quarter as it benefited like many peers from a steady recovery in Asian demand.
The Luxury Institute’s 2018 report reveals what international luxury consumers expect from their shopping experience, with customer service ranking highly and politeness topping the list of priorities for sales staff.
Watch inventory levels at Cartier are healthy and the brand no longer needs to carry out buybacks in order to balance out stock levels globally, Cyrille Vigneron, the head of the Richemont-owned label said on Monday.
Cartier maker Richemont said on Thursday solid sales growth in the quarter to Dec. 31 was driven by the Asia Pacific region and buoyant jewellery demand, kicking off the luxury goods reporting season on a positive note.
Both Paris and London are braced for a whole slew of new Xmas pop ups - from UK igloo markets to French concept hotel stores - but Cartier's St Germain ephemeral boutique, unlike other rivals, will be truly multipurpose.
Lafayette Anticipations, the exhibition and design space run by the Galeries Lafayette foundation, is set to be inaugurated March 10 in the Marais in Paris, with its first artist installation featuring Lutz Bacher.