Cartier-maker Richemont said its sales rose by a better-than-expected 12 percent at constant currency in the five months to Aug. 31, helped by easy comparables and a strong performance in its jewellery business.
Harrods’ Fine Watch Room is to get a makeover over the next year, with plans including expanding the space to house ten large boutiques and an elevated multi-brand area. The redevelopment is due to be completed in 2018.
Georges Kern, tipped as a potential chief executive of Chloé and Alaia owner Richemont , left the luxury goods group abruptly on Friday just four months after taking over as head of its watchmaking division.
News last week that Gerry Weber Group executive Norbert Steinke was stepping down from the management board has been followed up with an announcement that he is also quitting as Hallhuber managing director.
UK retailer Joe Browns has been named a winer in the in The 19th annual ECMOD Direct Commerce Awards, taking the prize for the Womenswear & Accessories category. Jojo Maman Bébé also took the Best Overall Business title.
The collapse of Jaeger will see a large number of its suppliers losing virtually all of the reported almost-£50 million that they are owed but are planning a number of very public protests aout the situation.
The bidders for Oasis, Coast and Warehouse are reported to include Philip Day, Foschini, Alteri and Truwowrths, but they are believed to have offered less than half the £100m the trio's owners had wanted.