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Global Markets

Luxe for Sale as Cartier, Prada Become Bargains in Brazil

Because of a plunge in the value of Brazil’s currency, many luxury products are now cheaper in Sao Paulo than they are in New York.

Global Markets

Luxe for Sale as Cartier, Prada Become Bargains in Brazil

Because of a plunge in the value of Brazil’s currency, many luxury products are now cheaper in Sao Paulo than they are in New York.


Global Markets

Luxury Brands’ Value Shrinks $7 Billion as China Curbs Largesse

The value of the top 10 luxury goods brands fell 6 percent, or $7.1 billion, to $105 billion as companies from Prada SpA to Cartier grappled with slowing sales in China and Russia.

Global Markets

Luxury Brands’ Value Shrinks $7 Billion as China Curbs Largesse

The value of the top 10 luxury goods brands fell 6 percent, or $7.1 billion, to $105 billion as companies from Prada SpA to Cartier grappled with slowing sales in China and Russia.


Workplace & Talent

Power Moves | Cartier Chairman Retires, Cohen Leaves Donna Karan, Rag & Bone MD

BoF compiles the most important professional moves of the week.


Financial Markets

A Pricing Conundrum

The Savigny Luxury Index (“SLI”) fell sharply this month, losing more than two percent, driven by disappointing first quarter results.

Financial Markets

A Pricing Conundrum

The Savigny Luxury Index (“SLI”) fell sharply this month, losing more than two percent, driven by disappointing first quarter results.


News & Analysis

Cartier to Raise Prices in Euro Zone After Swiss Franc Soars

Richemont's flagship Cartier brand will increase prices for watches and jewelry by five percent in the euro zone to limit the damage to its margins following the surge in the Swiss franc.

News & Analysis

Cartier to Raise Prices in Euro Zone After Swiss Franc Soars

Richemont's flagship Cartier brand will increase prices for watches and jewelry by five percent in the euro zone to limit the damage to its margins following the surge in the Swiss franc.


Global Markets

Cartier Joins Apple, Renault in Raising Russian Prices

Cartier, the luxury jeweler owned by Cie. Financiere Richemont SA, raised its Russian prices by as much as 50 percent after the ruble plunged to a record low.

Global Markets

Cartier Joins Apple, Renault in Raising Russian Prices

Cartier, the luxury jeweler owned by Cie. Financiere Richemont SA, raised its Russian prices by as much as 50 percent after the ruble plunged to a record low.


Retail

Small is Beautiful Too

In China’s fashion market, making a statement used to be a matter of muscle and might. But 'doing things big' is no longer the only way to succeed.

Retail

Small is Beautiful Too

In China’s fashion market, making a statement used to be a matter of muscle and might. But 'doing things big' is no longer the only way to succeed.


Luxury

Richemont Wins Court Order Blocking Websites Selling Fakes

PARIS, France — Compagnie Financiere Richemont SA, which sells Cartier watches and other luxury brands, won a U.K. court ruling that orders Internet

Luxury

Richemont Wins Court Order Blocking Websites Selling Fakes

PARIS, France — Compagnie Financiere Richemont SA, which sells Cartier watches and other luxury brands, won a U.K. court ruling that orders Internet


News & Analysis

Richemont Reports Unchanged Earnings on Chinese Market Slowdown

GENEVA, Switzerland — Cie. Financiere Richemont SA, the maker of Cartier jewelry and Montblanc pens, reported unchanged full-year earnings, capping

News & Analysis

Richemont Reports Unchanged Earnings on Chinese Market Slowdown

GENEVA, Switzerland — Cie. Financiere Richemont SA, the maker of Cartier jewelry and Montblanc pens, reported unchanged full-year earnings, capping


News & Analysis

Watchmakers Look to Bespoke Design to Court The Super-Rich

CHIASSO, Switzerland — As luxury watchmakers seek to keep increasing sales while preserving exclusivity, they are taking a leaf out of the haute

News & Analysis

Watchmakers Look to Bespoke Design to Court The Super-Rich

CHIASSO, Switzerland — As luxury watchmakers seek to keep increasing sales while preserving exclusivity, they are taking a leaf out of the haute