Rémy Baume, who has been at the French label's helm for 18 months, said on October 6 that in four years he plans to reach 60 stores in China, and grow the label's online business from €60 million to €160 million.
The Swiss group, owner of Cartier, Net-à-Porter, Chloé, Dunhill, Alaïa and more, announced on Wednesday the acquisition of historic Belgian leather goods house Delvaux. The transaction amount was not disclosed.
Christina Zeller, the artistic director of Delvaux, is leaving the company after almost a decade at the Belgian luxury marque. The artistic direction of Delvaux will be taken over by the house's creative studio.
Covid-19 forced the closure all of Delvaux’s stores in Europe and North America, and kept staff all in lockdown in Brussels, but the house has been busy. As of this Friday it will have its own e-commerce business.
Marco Probst, who led the Belgian luxury leather goods brand from 2012 to 2018, is back in charge, succeeding Jean-Marc Loubier, who continues as president of First Heritage Brands, the group that controls Delvaux.