John Galliano marked a return to his old neighbourhood on a crisp Wednesday morning, with an impressive statement of his signature deranged beauty in the Marais, where he has resided for almost two decades in Paris.
CEO Iris Epple-Righi is no longer with the German luxury label, which was bought by US private equity firm Regent last autumn. She left of her own initiative, according to an article published in the German media.
M&S is focusing heavily on its retail operations and said that it has added two key new roles to the organisation to help it build “a store estate that’s fit for the future with industry-leading store operations”.
Sainsbury’s CEO Mike Coupe, has bowed to the inevitable and is stepping down from his role in May. He’s being replaced by current Retail and Operations Director Simon Roberts, who’s been at the firm for three years.
Burberry’s Q3 update offered further signs of the strength of the firm’s growth strategy. It had “a good quarter” and “continued to shift consumer perceptions of our brand and align the network to our new vision”.
Along with big names like Chanel and Dior, a number of other brands showed their vitality on Tuesday, with Julien Fournié, Stephane Rolland, Alexandre Vauthier and RVDK all presenting their contemporary twist on couture.
The biggest rough diamond discovered was shown to private clients Tuesday by French luxury handbag-maker Louis Vuitton, which acquired the 1,758-carat gem to make a big splash in the high-end jewellery market.
A court in Spain said Tuesday it has opened an investigation into accusations that Spanish jewellery chain Tous sold items it falsely claimed were made entirely of gold or silver, a charge the firm denied.