
Luxury goods group Richemont still has to be cautious and keep its cash in light of the ongoing COVID-19 pandemic, its chairman said during a webcast on Wednesday.
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Luxury goods group Richemont still has to be cautious and keep its cash in light of the ongoing COVID-19 pandemic, its chairman said during a webcast on Wednesday.
E-commerce giant Alibaba has launched a set of new functionalities on its Tmall Luxury Pavilion site, designed to enable leading labels to reach out to the younger cohorts of Chinese luxury consumers.
Richemont, the owner of Cartier and Chloé, gave details of its proposed shareholders' loyalty scheme on Friday, where it will give warrants to investors which later can be converted into newly created stock.
Italy's luxury group Moncler will bring its e-commerce channel in-house with a view to double the share of its online business over the next three years, the company said on Monday.
Swiss luxury giant Richemont was hit hard by Covid-19 in Q1 (the three months to June 30) with its sales down by 47% to €1.933 billion at actual and constant exchange rates.
Yoox Net-a-Porter (YNAP) Chairman and Chief Executive Federico Marchetti was appointed non-executive director on the board of fashion house Giorgio Armani, the luxury group said on Wednesday.
Cartier has chosen a surprisingly novel young quintet of faces to be brand ambassadors for its latest Pasha watch, the latest revamping of an iconic product by the storied jeweler.
Rare coloured diamonds and historic gems will be seeking new owners at Sotheby’s semi-annual sale in Geneva this week, as live auctions resume after a suspension due to the coronavirus pandemic.
This summer, the attention of horologists from all over the world will be focused on the Four Seasons Hotel des Bergues in Geneva, where auction house Christie's is holding a unique and fascinating exhibition and sale.
The former Givenchy CEO has joined the Richemont group, where he will supervise the fashion and accessories division from September. He succeeds Eric Vallet, who left last October to become CEO of Rémy Cointeau.