
Only four months after appointing Jean-Jacques Van Oosten to the newly created post of CTO, the Swiss luxury group announced his surprise departure.
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Only four months after appointing Jean-Jacques Van Oosten to the newly created post of CTO, the Swiss luxury group announced his surprise departure.
The Italian group posted strong performances in Italy (+31.3%) and the rest of Europe (+21.1%),offsetting a 29.1% loss in the rest of the world segment. E-tail revenue was up 19.7%, said the leathergoods firm.
Swiss group Richemont, owner of the Cartier, Piaget and Chloé brands, among others, and the third largest luxury group in the world, has reworked the management of its watch brands Jaeger-LeCoultre and Baume & Mercier.
As it awaits the conclusion of Richemont's takeover bid, the e-commerce platform's Board of Directors has been renewed, leading to the appointment of Federico Marchetti as CEO, while President Raffaello Napoleone exits.
In its biggest move in retail since the opening on the avenue Montaigne in 2013, Maison Alaïa on Tuesday finally opened its London flagship store at 139 New Bond Street.
Luxury brands are waking up to the importance of e-tail and omnichannel and are increasingly keen to take control of their online experiences.
A boom in online luxury goods sales is finally convincing high-end watchmakers, long sceptical that customers would pay thousands to buy intricate timepieces on the web, to step up their investments in e-commerce.
Mr Porter is further expanding its fine watch department with the addition of a curated selection of seven Cartier Watches. The line-up will launch on 5 April, with further launches planned for later this year.
Italian market watchdog Consob approved a bid by Cartier owner Richemont for the full control of online luxury retailer Yoox Net-a-Porter, the Swiss group said on Thursday.
Acne is reportedly up for sale and Carven on the look out for new investors. Add to this the recent announcement of Piquadro's potential acquisition of Lancel, and the fashion and luxury sector looks set for a shake-up.