THE WRITE STUFF: Celebrating the centenary of its emblematic Meisterstück pen, Montblanc has tapped Wes Anderson, a filmmaker gifted in conveying a pleasing retro aesthetic via his studied use of symmetry, corduroy and saturated colors. The new campaign film, written and directed by the famous American auteur, breaks Wednesday on Montblanc’s digital channels and via … Read more
Burberry’s falling share price puts it in the sights of deep-pocketed groups seeking likely takeover targets, an analyst said this week. See catwalkBurberry – Fall-Winter2024 – 2025 – Womenswear – Londres – ©Launchmetrics/spotlight Although the company’s shares closed slightly higher on Thursday, they’re down over 18% this year and almost 56% in the past 12 … Read more
By Bloomberg Published Apr 25, 2024 Over four days of celebrations to mark its centenary in 2014, Spain’s biggest beauty products company inaugurated a new headquarters in Barcelona attended by the Iberian nation’s then Prince Felipe and threw a splashy party for more than 1,000 people at the world’s largest art nouveau complex. Nina Ricci But in a quieter yet more important … 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
Translated by Nicola Mira Published Apr 14, 2024 Italy is more than ever at the centre of attention this spring, hosting in April some of the most interesting events in the culture, art and design sectors. Starting with the 60th edition of the Venice Biennale, an international art exhibition held every two years, whose pre-opening, … Read more
Richemont’s renewed attempts to divest Yoox Net-A-Porter have attracted the attention of luxury rival Mytheresa, a report has claimed. The business is believed to be among potential bidders to buy loss-making e-tail giant YNAP. Net-A-Porter The Financial Times made the claim, citing “people with knowledge of the sales process”. It also said that private equity … Read more
Matches has laid off almost half its staff — 273 people — as it trades through administration while a buyer is sought by insolvency specialist Teneo. The company had employed 533 people in its three London stores and at its HQ from where it sells to consumers in 170 countries. Matches Benji Dymant, joint administrator, … Read more
By Bloomberg Published Mar 8, 2024 Last weekend, the New York Times ran a feature on why trousers — or pants as they’re known in the US — have become so large again. Pull and Bear Indeed, look around and you might believe that baggy fits have put the final nail into the coffin of skinny jeans. But … Read more
In 2017 it was sold by its founder for a price rumoured to be £800 million. A few months ago Frasers Group bought it for just £52 million. And now luxury e-tailer Matches is set for an administration filing that could come as early as Friday. Photo: Sandra Halliday On Thursday, Frasers said that since … Read more
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