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Bulgari: Benjamin Beaufils appointed managing director Europe

Bulgari: Benjamin Beaufils appointed managing director Europe

Bulgari, the LVMH group's jewellery house, has appointed Benjamin Beaufils, formerly at Tag Heuer, as managing director for Europe.
Luxury
Copenhagen Fashion Week unveils lineup for AW24 edition

Copenhagen Fashion Week unveils lineup for AW24 edition

Set to take place from January 29 to February 2, 2024, the event will welcome a total of 31 shows curated across four days.
Fashion
Antoine Arnault to step down as Berluti CEO

Antoine Arnault to step down as Berluti CEO

LVMH announced on Tuesday that Antoine Arnault will relinquish his role as chief executive officer of luxury marque Berluti, effective January 1, 2024. 
Luxury
Nordstrom sales miss in sign of challenges ahead of Black Friday, holidays

Nordstrom sales miss in sign of challenges ahead of Black Friday, holidays

Nordstrom Inc. beat Wall Street’s profit estimates on lower markdowns and better inventory management, but revenue fell short — highlighting the challenges the department store faces heading into the holiday season.
Luxury
Would you buy a modified Rolex? Designer adds emeralds to watches

Would you buy a modified Rolex? Designer adds emeralds to watches

LA-based fine jewelry brand Luna Skye is set to release a 15-piece reworked vintage Rolex capsule collection. The foundation for all 15 watches is a two-tone Rolex Datejust 36 on a jubilee bracelet.
Luxury
From Lululemon to Birkenstock, duplicate styles lure holiday shoppers

From Lululemon to Birkenstock, duplicate styles lure holiday shoppers

Lauren Maginness is a fan of Lululemon. But the 31-year-old product marketer in New York City is increasingly supplementing her activewear with less-pricey brand duplicates she picks up through Amazon.
Fashion
Exclusivity the name of the game as luxury firms target China's wealthiest for growth

Exclusivity the name of the game as luxury firms target China's wealthiest for growth

The world's biggest luxury brands seeking growth in their second-largest market China are all courting the likes of wealthy entrepreneur Diana Wang.
Luxury
Rich Americans cancel trips to Paris following Middle East war

Rich Americans cancel trips to Paris following Middle East war

Wealthy Americans are holding off on booking trips to Paris as the war in the Middle East and its wider repercussions dent demand for tourism.
Luxury
Cartier opens new store in New York City's SoHo

Cartier opens new store in New York City's SoHo

Luxury jeweler Cartier announced on Friday the opening of its newest boutique in New York City, bowing in the Big Apple's SoHo neighborhood. 
Luxury
Italy's Missoni picks Rothschild to advise on potential sale

Italy's Missoni picks Rothschild to advise on potential sale

Italian fashion house Missoni has picked Rothschild as financial adviser to explore a potential sale of the family-owned company, two sources close to the matter said on Friday.
Luxury
Fewer shoppers in Burberry stores complicates design overhaul

Fewer shoppers in Burberry stores complicates design overhaul

The slowdown in the luxury market following a post-pandemic boom could not come at a worse time for Burberry, with designer Daniel Lee's first styles for the British label trickling into newly refurbished stores.
Luxury
Saks survey signals strong luxury holiday shopping momentum ahead

Saks survey signals strong luxury holiday shopping momentum ahead

Luxury consumers will not be slowing down on holiday spending this year, according to the latest Saks Luxury Pulse survey. 
Luxury
US makes biggest seizure of knock-off luxury items at $1 billion

US makes biggest seizure of knock-off luxury items at $1 billion

Federal prosecutors said they made the biggest-ever US seizure of fake designer handbags, shoes and other items — with an estimated retail value of more than $1 billion.
Luxury
Selfridges’ Thai co-owner takes control as Signa struggles

Selfridges’ Thai co-owner takes control as Signa struggles

​Thai conglomerate Central Group said it’s taken control of the company that runs London’s landmark Selfridges department store after the financial woes of its Austrian partner Signa deepened.
Luxury
No big boost expected in luxury spending during holiday season: Bain

No big boost expected in luxury spending during holiday season: Bain

Global sales of luxury goods will likely not grow significantly in the fourth quarter, with tourist flows to Europe key to spending there as local shoppers tighten their purse strings, consultancy Bain & company said.
Luxury
Farfetch's Wanna  launches AR 3D Viewer

Farfetch's Wanna launches AR 3D Viewer

​Tech firm Wanna — an augmented reality (AR) specialist owned by Farfetch — has launched the Wanna 3D Viewer that it says allows luxury e-commerce retailers “to offer 3D experiences for all product categories”.
Luxury