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Jewelry retailer Vivara plunges as CEO change rattles investors
A sudden change in management is scaring off investors in Vivara Participações SA, wiping out almost a year of gains in just two days.
Люкс
Jewellery brand Gemmyo to expand international presence
French digital native jewellery brand Gemmyo, founded in 2011, is now active in both online and physical retail, and it is set to expand internationally, with planned store openings in Japan and Switzerland.
Люкс
Thomas Sabo in Pocket Styler virtual-physical launch
Digital fashion game Pocket Styler has signed up jewellery brand Thomas Sabo, which is offering the first jewellery and accessories collection simultaneously available both in physical stores and in the virtual world.
Люкс
70% of Asian luxury consumers prioritizing craftsmanship over brand, design: Bluebell Group
The fourth volume of the 'Asia Lifestyle Consumer Profile' report, covering consumers across six markets, found that 70% of respondents are prioritizing craftsmanship over brand or design.
Люкс
Astrid & Miyu open Harrods concession, launches gold collection
British jewellery brand Astrid & Miyu is continuing to expand its physical footprint with a statement concession at luxury department store Harrods in London’s Knightsbridge.
Люкс
UK luxury is £81bn industry says new report
The UK luxury sector is now worth £81 billion a year to the UK economy and supports 450,000 jobs, according to a new report by British luxury body Walpole.
Мода
Swarovski grows 4% in 2023
In 2023, Swarovski generated a revenue of €1.83 billion, up by 4%, thanks largely to a solid Q4, during which revenue grew by 9%.
Люкс
Italian luxury group Tod's reports jump in operating profit
Italian luxury group Tod's said on Tuesday its operating profit rose to 94.7 million euros ($103.3 million) last year from 58.2 a year earlier, ahead of L Catterton's offer aimed at delisting the company.
Люкс
Luxury e-tail crisis: Is it game over for sector's biggest names?
Matches, Farfetch, Net-A-Porter -- luxury fashion e-tail's dynamic driving forces are facing a crisis nobody expected just a few years ago. So what caused it and is there still a chance they could bounce back?
Мода
After Vashi buy, now Queensmith acquires ingleandrhode.co.uk domain from administrators
Queensmith has backed its claim that it has seen no slowdown in business as the expanding UK jeweller announced a “strategic acquisition” of failed peer Ingle & Rhode’s web domain for an undisclosed sum.
Люкс
Astrid & Miyu set for London flagship opening this summer
British jewellery brand Astrid & Miyu is to open a new flagship store in London’s Soho this summer reflecting its “remarkable growth in physical retail”.
Люкс
Matches to go into administration following purchase by Frasers
In 2017, it was sold by its founder for a price rumoured to be £800m. A few months ago Frasers bought it for £52m. And now luxury e-tailer Matches is set for an administration filing that could come as early as Friday.
Мода
Centric Brands inks joint venture with Jennifer Fisher
Centric Brands announced on Wednesday a joint venture with Jennifer Fisher, a New York-based jewelry designer and media personality, serving as the U.S. distributors second joint venture in its folio.
Люкс
Ferragamo sales improve in February after weak start to year
Sales at Salvatore Ferragamo continued to weaken year-on-year in January after dragging operating profit down 44% profit in 2023, but stabilised in February, the chief executive of the Italian luxury goods group said.
Люкс
Louis Vuitton closes Paris Fashion Week by going into orbit
Bernard Arnault, the patron of Louis Vuitton, loves a big show, and he got an immense one Tuesday night as designer Nicolas Ghesquière closed out the official Paris runway season with a mammoth display before 4,000.
Люкс
Miu Miu: Classic has rarely looked better
It’s hard to underestimate the importance in fashion of Miuccia Prada, who stages Prada power shows for men and women in Milan four times year, and bookends the Paris women’s wear season with Miu Miu.
Люкс