PPR buys Italian jeweller Pomellato
French luxury and sports brand group PPR said it bought a majority stake in profitable Milanese jeweller Pomellato to boost its portfolio of luxury brands in the high-growth jewellery...
Luxury
Gucci bags distressed porcelain maker Richard Ginori
Italy's Gucci, owned by French conglomerate PPR, is buying distressed Tuscan porcelain maker Richard Ginori 1735 as part of expansion plans into luxury tableware.
Valentino invests 250 million euros to double retail presence
Italian luxury label Valentino - bought by the Qatari royal family in 2012 - will invest 250 million euros in the next five years to increase retail presence and develop menswear and...
Richemont flags 30 percent rise in full-year net profit
Luxury goods group Richemont said its annual profit rose nearly a third from the previous year's 1.54 billion euros, helped by favourable currency swings.
Valentino to transform an existing Paris address into first menswear boutique
Valentino is transforming its rue du Faubourg Saint-Honoré store into the labels first menswear boutique. The womenswear store will be temporarily relocated to place Beauvau when the...
IFM offers degree program taught in English for future luxury managers
Luxury French companies are booming but suffer from a shortage of international executives. The situation has prompted the French Institute of Fashion to launch a one-year program in...
Hermès says first quarter sales gain 10.3% but leather goods sag
French luxury goods group Hermès said Monday that its first-quarter sales gained 10.3 percent on strong demand from Asia but noted weaker growth in sales of its iconic leather goods.
Shake-up at Thierry Mugler
Just after the departure of Nicola Formichetti, Sebastien Peigné and Romain Kremer, lead designers for womenswear and menswear, are also now leaving the fashion house. Thierry Mugler is...
Hermes buys control of Swiss luxury watchmaker
The watch subsidiary of French luxury group Hermes says it has bought control of a Swiss watchmaking firm, Joseph Erard Holding, boosting its strategy in making high-end timepieces.
Christian Lacroix signs new licensing deal for leather goods
Luxury Paris-based house Christian Lacroix has announced two licensing agreements this week: one for the design, production and distribution of leather goods with American company AHQ and...
Versace reopens Paris flagship
After one year of construction, Versace reopens its flagship boutique on Avenue Montaigne in Paris.
Burberry second half boosted by China demand
British luxury group Burberry posted a 10 percent rise in fourth quarter revenue as strong demand for its more expensive products in China helped it beat sales forecasts for the second...
French luxury goods group LVMH posts 6% rise in first quarter sales
The French luxury goods group LVMH, which owns brands such as Louis Vuitton, Givenchy and Guerlain, on Monday posted first-quarter sales of 6.95 billion euros ($9.09 billion), a rise of 6...
Lanvin MD resigns after strategy disagreement
Thierry Andretta abruptly left Lanvin as managing director this week after failing to agree on the French brand's growth strategy with its controlling shareholder, sources familiar with...
Corneliani pushes growth in India with a new partner
Luxury Italian menswear bran Corneliani has changed its Indian parter. The brand is now working with luxury retail specialist OLS Luxury in order to kick-start development in the country...
- Access your account
News
Photo galleries
Videos
Studies & Reports
Trends
Agenda
