Richemont
Swiss conglomerate Richemont is the owner of luxury maisons in jewellery, watches, fashion and accessories, including Cartier, Van Cleef & Arpels, Jaeger-LeCoultre and more.
What Luxury’s Worst Quarter Ever Reveals About the New Normal
Bleak financial results at LVMH, Kering and others came as little surprise. But managers offered fresh clues on how the crisis will reshape the luxury market going forward — and signalled a few unexpected bright spots.
What Luxury’s Worst Quarter Ever Reveals About the New Normal
Bleak financial results at LVMH, Kering and others came as little surprise. But managers offered fresh clues on how the crisis will reshape the luxury market going forward — and signalled a few unexpected bright spots.
LVMH Revenue Down 38% in the Second Quarter
The luxury conglomerate's profit from recurring operations was $1.96 billion in the first six months of the year, falling below analysts expectations.
LVMH Revenue Down 38% in the Second Quarter
The luxury conglomerate's profit from recurring operations was $1.96 billion in the first six months of the year, falling below analysts expectations.
Moncler Announces Plans to Internalise Its E-Commerce Channel
The Italian luxury brand, which previously managed its e-commerce business in partnership with Yoox Net-a-Porter, said it will launch a fully integrated online platform in 2021.
Moncler Announces Plans to Internalise Its E-Commerce Channel
The Italian luxury brand, which previously managed its e-commerce business in partnership with Yoox Net-a-Porter, said it will launch a fully integrated online platform in 2021.
Power Moves | Maison Margiela Appoints New CEO, Hermès Creative Director of the Women's Product Universe Steps Down
This week Gianfranco Gianangeli was named chief executive of Maison Margiela, while Hermès veteran Bali Barret announced her departure after 17 years at the company.
Power Moves | Maison Margiela Appoints New CEO, Hermès Creative Director of the Women's Product Universe Steps Down
This week Gianfranco Gianangeli was named chief executive of Maison Margiela, while Hermès veteran Bali Barret announced her departure after 17 years at the company.
Is Forced Uighur Labour in Your Supply Chain?
Fashion brands need to urgently clean up their supply chains as the US and Europe move to legislate against the alleged use of forced Uighur labour in China. Yet some players are still burying their heads in the sand.
Is Forced Uighur Labour in Your Supply Chain?
Fashion brands need to urgently clean up their supply chains as the US and Europe move to legislate against the alleged use of forced Uighur labour in China. Yet some players are still burying their heads in the sand.
Armani and Yoox Net-a-Porter Sign Omnichannel Deal
The partnership will offer Armani customers access to all products on online and offline channels by 2022.
Armani and Yoox Net-a-Porter Sign Omnichannel Deal
The partnership will offer Armani customers access to all products on online and offline channels by 2022.
What Happened to Rethinking the Fashion System?
For brands big and small, there is real value in rethinking the industry’s traditional system of showing, delivering and discounting collections to better match today’s globalised, digital world. But meaningful change may take 12 to 24 months.
What Happened to Rethinking the Fashion System?
For brands big and small, there is real value in rethinking the industry’s traditional system of showing, delivering and discounting collections to better match today’s globalised, digital world. But meaningful change may take 12 to 24 months.
Richemont First-Quarter Sales Slump as Covid-19 Hits Jewellery Demand
The Cartier-owner's sales fell 47 percent to €1.99 billion ($2.27 billion), a similar decline posted by rival Swatch Group earlier this week.
Richemont First-Quarter Sales Slump as Covid-19 Hits Jewellery Demand
The Cartier-owner's sales fell 47 percent to €1.99 billion ($2.27 billion), a similar decline posted by rival Swatch Group earlier this week.
Luxury's Bumpy Road Ahead
Investors are pinning their hopes on a 2021 recovery, but a worsening Covid-19 situation in the US and glum forecasts from the Federal Reserve indicate it won't be an easy path.
Luxury's Bumpy Road Ahead
Investors are pinning their hopes on a 2021 recovery, but a worsening Covid-19 situation in the US and glum forecasts from the Federal Reserve indicate it won't be an easy path.
Power Moves | YNAP CEO Joins Giorgio Armani Board, Coty Names New CEO
This week Federico Marchetti was appointed non-executive director to the luxury fashion house’s board, while Coty appoints Sue Y. Nabi as its chief executive.
Power Moves | YNAP CEO Joins Giorgio Armani Board, Coty Names New CEO
This week Federico Marchetti was appointed non-executive director to the luxury fashion house’s board, while Coty appoints Sue Y. Nabi as its chief executive.