Fashion
Tiffany to halve China flagship store as luxury spending dives
By Bloomberg Published Sep 5, 2024 Tiffany & Co., LVMH’s leading jewelry maker, is planning to downsize a flagship store of more than 12,000
China’s gray market Is dominating luxury brands’ online sales
By Bloomberg Published Sep 3, 2024 China’s gray market — where brand new, authentic products are sold at steep discounts — is increasingly d
Jumeirah names Julien Soyez as vice president of communications
Jumeirah announced on Monday the appointment of Julien Soyez as vice president of communications. JumeirahIn this role, Soyez will help advance Jumeirah’
Li Ka-shing’s luxury mall sits empty as Chinese spending plunges
By Bloomberg Published Sep 3, 2024 In Hong Kong’s Tsim Sha Tsui district, the mock-classical 1881 Heritage mall used to lure queues of mainland
Walmart takes on Amazon by adding pre-owned watches, collectibles to…
By Bloomberg Published Aug 27, 2024 Walmart Inc. is bringing pre-owned watches and collectible trading cards to its online marketplace as the reta
Japan’s Shiseido becomes latest luxury brand hit by China slump,…
By Reuters Published Aug 8, 2024 Japanese cosmetics powerhouse Shiseido fell by its daily limit in Tokyo trading on Thursday following midyear ear
Big luxury frets that China is turning Japanese
By Bloomberg Published Jul 29, 2024 Even LVMH Moet Hennessy Louis Vuitton SE, the world’s most resilient luxury conglomerate, is feeling the chi
Bernard Arnault has lost more wealth than any billionaire in…
By Bloomberg Published Jul 25, 2024 French tycoon Bernard Arnault’s net worth has plunged this year by more than anyone else’s on the Bloomber
LVMH shows the luxury sector is in pain
By Bloomberg Published Jul 24, 2024 We’re all drinking less champagne as the world becomes a scarier place. That was the message from LVMH Moet
Tiffany’s staff exits test LVMH’s turnaround playbook
By Bloomberg Published Jul 22, 2024 LVMH’s $16 billion purchase of Tiffany & Co. transformed the luxury goods powerhouse into one of the b
Richemont: Luxury group in sights of LVMH’S Arnault?
By AFP Published Jul 17, 2024 The Swiss luxury group Richemont, which owns Cartier and other jewellery brands, is regularly the subject of takeove
Richemont has “resilient” Q1, Alaïa stays strong but YNAP sales…
Luxury giant Richemont’s Q1 results on Tuesday showed the fashion-to-fine jewellery brand owner with “resilient” sales in the three months to 30 June.
