A 27-year-old medical resident from Mexico is the proud owner of diamond Cartier earrings after the company mistakenly listed them for $19 instead of $19,000. When Cartier tried to back out of the transaction, the lucky shopper filed a complaint and the jewelry maker eventually relented. Rogelio Villarreal documented the experience in social media posts … Read more
By Bloomberg Published Apr 18, 2024 Monthly Swiss watch exports suffered their biggest decline since 2020 as demand for premium and luxury timepieces in key markets including China and Hong Kong plunged. DR Exports dropped 16% by value in March to 2 billion Swiss francs ($2.2 billion) from a year earlier, the Federation of the … Read more
By Bloomberg Published Apr 17, 2024 LVMH’s first-quarter results brought reassuring signs that wealthy Chinese shoppers are splashing out on luxury items — just not in China. See catwalkLouis Vuitton – Fall-Winter2024 – 2025 – Womenswear – France – Paris – ©Launchmetrics/spotlight The world’s largest luxury group — with 75 brands ranging from Louis Vuitton … Read more
The Cartier women’s Initiative has unveiled its 2024 fellows. Thirty-three women were selected for the annual program representing the top three businesses for each of the nine regional awards and for the two thematic awards. Each is recognized for their achievements and meaningful solutions to pressing global challenges. This year, for the first time, the … Read more
‘Old money’ fashion has been trending this year and we have seen influencers channelling their inner “Chanel” look with expensive-looking cardigans and gold-tone accessories. Fashion fans have recently spotted a wristwatch that has been dubbed the new “timeless classic”. It’s the Fossil Raquel watch in gold-tone stainless steel and looks remarkably similar to watches from … Read more
Translated by Roberta HERRERA Published Mar 15, 2024 Ophélie Barassin is making her comeback at Sterling International as deputy managing partner and associate. The French manager indeed contributed to the early development of the recruitment firm specializing in executive positions in the fashion and luxury sectors alongside its founder Michael Boroian, from 2002 until 2017. … Read more
By Reuters API Published Feb 7, 2024 Investors will be looking to see if Gucci’s new creative director Sabato de Sarno can move the needle on the company’s financial performance when its owner Kering reports full-year earnings on Thursday. Gucci’s sales have lagged rivals such as LVMH-owned Louis Vuitton and Dior in recent years, prompting … Read more
Pandora has been named the UK’s most prominent online jewellery and watch brand in 2023 in an industry that has seen visibility and organic growth leap, according to a new wide-ranging report that goes from the mass-market to luxury level. Pandora The mid-priced, high-profile Pandora topped the list of 11 crucial performance indicators in terms … Read more
By Reuters Published Feb 2, 2024 Canada Goose Holdings forecast fourth-quarter revenue above analysts’ estimates on Thursday, as the luxury goods maker bets on a sharp rebound in crucial market China to help ride out a slowdown in the U.S. Canada Goose Shares of the company, whose luxury parkas retail for over $1,000, jumped 10% … Read more
Bernard Arnault used to be known for buying luxury brands. Now, his favorite pastime is snapping up buildings – the latest of which is a historic Paris mansion near the Opera Garnier. Hotel Soltykoff, Paris Luxury behemoth LVMH, where Arnault is chairman, CEO and controlling shareholder, acquired the Hotel Soltykoff at 10 rue Volney, located … Read more
