Jewellery
The latest news
Pandora opens new U.S. hub in New York
Danish jeweler Pandora announced on Thursday the company will open an office in New York in September 2022, in a bid to bolster its growth strategy in the U.S. market.
Luxury
Hermès celebrates its HermèsFit opening at the Hollywood Athletic Club
The French luxury house held its party this Wednesday, July 20 in Hollywood, as a prelude to its HermèsFit pop-up, scheduled from July 21 to 24. The event saw more than 500 friends and special guests in attendance.
Luxury
Rebag expands into footwear and apparel
Resale platform Rebag announced on Wednesday its expansion into shoes and apparel growing its offering to include all luxury accessories for both men and women.
Luxury
Capri sets sights on $8 billion revenue
Capri Holdings announced on Wednesday the American luxury company is eyeing $8 billion in future revenues, representing a 40% uptick on fiscal 2022.
Luxury
Activist Bluebell wants Richemont to focus on jewellery, watches
Bluebell Capital Partners wants Swiss luxury goods group Richemont to concentrate on jewellery and watches, it said on Wednesday, saying such a move could double its share price in the medium term.
Luxury
Armani revenues up 20% in H1 after 2021 recovery
Armani posted a 20% increase in sales at constant currencies in the first half, after swinging to an operating profit in 2021 as revenues returned above pre-pandemic levels in the second part of the year.
Luxury
Live Shopping: Shopify turns to Youtube Shopping
Shopify Inc on Tuesday announced a partnership with YouTube to allow merchants to sell through the video platform, as it looks to tap into the growing number of content creators launching their own e-commerce stores.
Fashion
Matchesfashion names Stuart Hill as COO
It’s all change at Matchesfashion with the online luxury retailer having recently named its new CEO and on Tuesday unveiling Stuart Hill as its new COO.
Luxury
Swarovski Foundation Creatives for Our Future program round two launches
Now open through August 8, 2022, the program invites creatives aged 21 to 31 to apply for the chance to receive financial support towards their projects and mentorship.
Fashion
Shang Xia names new CEO
Shang Xia, the understated Chinese luxury label, has promoted Sophia Wu to the role of chief executive officer, according to multiple reports.
Luxury
Inside the largest Louis Vuitton men's store in the United States
On July 14, Louis Vuitton inaugurated its new store dedicated exclusively to menswear, on Rodeo Drive, Beverly Hills, Los Angeles.
Luxury
Richemont booms in Q1 but China restrictions dent sales there
Richemont said on Friday that the latest quarter saw strength in Europe, Japan, the US and Middle East. But Asia Pacific was hit by Covid issues in China. It was similar to Burberry, which reported on the same day.
Luxury
Golden Goose unveils new Forward Store in Milan
The innovative retail concept, promoting ways of extending the lifecycle of products, has debuted at Golden Goose’s long-established Milanese store in via Cusani, and will soon be deployed in New York and Dubai too.
Luxury
Higher income consumers continue to spend on luxury, self-care on the rise: Saks report
Luxury e-commerce platform Saks published on Wednesday its latest 'Saks Luxury Report', a luxury shopper study that reveals consumer insights on spending habits and lifestyle preferences in 2022.
Luxury
Amazon.com's Ring gave police data without user consent 11 times in 2022
Amazon.com's Ring doorbell unit, which makes videos of the outside of an owner's home, gave footage to law enforcement without the user's consent 11 times so far this year, the company said.
Luxury
Lily James stars in new Versace campaign as it launches Greca Goddess bag
Versace has released its ad campaign imagery for the AW22 season with British-American actress Lily James taking a starring role.
Luxury