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LVMH highlights its socio-economic impact at its Annual General Meeting
For once, Bernard Arnault, CEO of the world's number one luxury goods group, and his teams emphasised the group's social approach at its Annual General Meeting in Paris on Thursday morning.
Luxury
Swiss watch exports plunge as China and Hong Kong demand dries up
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.
Luxury
New Leeds boutique is one of Breitling's biggest outside London
As a further measure of Berry’s Jewellers’ ongoing success, the Yorkshire-based luxury jeweller has opened a large monobrand boutique for Swiss luxury watchmaker Breitling in Leeds.
Luxury
Valentino is new International Booker Prize event sponsor
Valentino has formed a new cultural partnership and has been announced as the sponsor of the International Booker Prize 2024 ceremony.
Luxury
Harvey Nichols names Alexander McQueen exec Goddard as its new CEO
Harvey Nichols has faced tough conditions in recent years but it’s now hoping for better times ahead with the announcement of a new CEO from one of luxury's major labels.
Fashion
Swiss watch brands making time for India
Swiss watchmakers are increasingly turning their sights towards India thanks to a new free trade agreement that is due to gradually open the doors for luxury timepiece exports.
Luxury
Valentino new London flagship debuts on Sloane Street
Valentino has opened the doors of a major new flagship on upscale Sloane Street in London, which it said continues the label’s “evolution towards a more intimate, design-led retail dimension”.
Fashion
Geneva watch fair ticking over after sales boom years
The 2024 Geneva watch fair opened on Tuesday amid slower demand in China for fancy Swiss timepieces and timid consumer spending across the board on luxury items.
Luxury
Berry's Jewellers continues to expand backed by three-year run of strong results
Yorkshire-based luxury jeweller Berry’s Jewellers has continued its three-year run of positive trading.
Luxury
Rolex CEO says comparing watches to stocks is dangerous
The head of Rolex SA said viewing luxury watches as investments is dangerous following a surge in interest from speculators during the pandemic.
Luxury
Zara expanding at Bullring while Clarks and Swatch move in
Inditex’s Zara continues its UK upsizing programme with the Bullring & Grand Central shopping destination now hosting a significant new flagship for the Spanish fashion brand.
Fashion
'Market of Fakes' in Naples, capital of counterfeits and Camorra
As top brands like Gucci and Prada prepare to report billions in sales this month, luxury fakes on the streets of Naples are also yielding a jaw-dropping cash stream -- for the mafia.
Luxury
Mytheresa among those mulling YNAP buy - report
Richemont’s renewed attempts to divest Yoox Net-A-Porter have attracted the attention of luxury rival Mytheresa, a report has claimed. It's believed to be among potential bidders to buy loss-making e-tail giant YNAP.
Fashion
Grosvenor signs up Bulgari for San Francisco store
UK-based Grosvenor may be best known for its ownership of vast tracts of London’s West End but it also has major international businesses and one of them has struck a key deal with Bulgari.
Luxury
Movado Group names new president of North America sales
Movado Group has announced the appointment of Debbie Forman-Pavan to the role of president of North America sales.
Fashion
Jean-Charles de Castelbajac launches limited edition watch with MB&F
One key test of an artist or designer is whether they have a powerful signature style, which explains the remarkable longevity of Jean-Charles de Castelbajac who on Wednesday launched a limited edition watch with MB&F.
Fashion