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Jewellery

The latest news

Tiffany opens on Paris's Rive Gauche in Bon Marché

Tiffany opens on Paris's Rive Gauche in Bon Marché

Tiffany has opened its first Rive Gauche boutique in Paris, within Bon Marché, the storied department store controlled by the jeweler’s owner LVMH.
Luxury
Richemont moves entire enterprise IT infrastructure to Amazon's AWS

Richemont moves entire enterprise IT infrastructure to Amazon's AWS

​Richemont is moving its enterprise IT infrastructure to Amazon Web Services in a deal to drive more dynamic e-tail experiences, more personalisation, better supply chain management and many other benefits.
Luxury
Jared launches men’s jewelry collection with Esquire

Jared launches men’s jewelry collection with Esquire

Retail jewelry chain Jared announced on Friday the launch of a new men’s jewelry collection created in partnership with Esquire and SHR Jewelry Group.
Luxury
Farfetch shares plunge despite revenue rise and Q3 profitability

Farfetch shares plunge despite revenue rise and Q3 profitability

​Investors are usually forgiving of tech firms when they spend years targeting the kind of profitability they’d like, but they weren’t forgiving Farfetch on Thursday as the firm’s shares fell 22% in late trading.
Luxury
Burberry opens Shanghai flagship, features new concept

Burberry opens Shanghai flagship, features new concept

​Burberry has opened Shanghai Plaza 66, its latest flagship and the second such store to feature its new global design concept “that encapsulates the essence of the luxury house”.
Luxury
Gucci CEO sees 2021 sales in line with 2019, perhaps a little higher

Gucci CEO sees 2021 sales in line with 2019, perhaps a little higher

French luxury group Kering's top brand Gucci expects 2021 revenues to be in line or "a little higher" than their 2019, pre-pandemic level, the label's chief executive Marco Bizzarri said on Tuesday. 
Luxury
China’s Singles’ Day remains key occasion for luxury labels

China’s Singles’ Day remains key occasion for luxury labels

Despite the ‘common prosperity’ policy advocated by the Chinese government, the country’s Singles’ Day holiday set new records with soaring luxury goods purchases.
Luxury
Olivia Burton partners with The Specialist Works for debut TV brand campaign

Olivia Burton partners with The Specialist Works for debut TV brand campaign

‘Planners’ and ‘Panickers’ are the key Christmas consumer targets for UK jeweller Olivia Burton. The brand has chosen to debut its first-ever brand TV campaign ‘The Celestial Effect’.
Luxury
Richemont in advanced talks with Farfetch on YNAP deal, H1 group sales soar

Richemont in advanced talks with Farfetch on YNAP deal, H1 group sales soar

​Luxury giant Richemont issued its latest set of results on Friday, but the biggest news was that it’s in talks with Farfetch around its loss-making Yoox Net-A-Porter business.
Luxury
Fossil earnings almost double in third quarter

Fossil earnings almost double in third quarter

The Richardson, Texas-based watch specialist announced on Wednesday that it achieved net income of $31.4 million in the third quarter, close to double the $16.0 million reported by the company in the prior-year period.
Luxury
Thailand's Central eyes Selfridges buy - report

Thailand's Central eyes Selfridges buy - report

​Thailand's Central Group is interested in bidding for Selfridges, a report said Thursday. Interestingly, it also owns La Rinascente, the Italian retailer of which ex-Selfridges CEO Vittorio Radice is Vice-Chairman.
Luxury
Mytheresa growth continues as online luxury take-up accelerates

Mytheresa growth continues as online luxury take-up accelerates

Luxury e-tailer Mytheresa said on Thursday that it saw strong GMV growth in its first quarter with a 29.7% rise in the three months to the end of September. It also saw continued strong profitability. 
Luxury
Kering announces that Daniel Lee has quit Bottega Veneta

Kering announces that Daniel Lee has quit Bottega Veneta

The Kering luxury group announced Wednesday evening that Daniel Lee has abruptly quit his position as creative director of Bottega Veneta after just three years at the helm. No successor has been named. 
Fashion
Watches of Switzerland's appeal grows with another stellar H1

Watches of Switzerland's appeal grows with another stellar H1

​If there was an award for the best-performing retailer throughout the pandemic and beyond, Watches of Switzerland would be at least shortlisted. It has reported yet another "strong performance", this time for H1.
Luxury
Sellers of stilettos, lipstick and clothing see a holiday with scarce inventory and spiking costs

Sellers of stilettos, lipstick and clothing see a holiday with scarce inventory and spiking costs

Retailers are launching holiday marketing campaigns to lure in-store shoppers as supply chain issues boost costs for consumers.  
Fashion
Richemont stock rises on Third Point investment rumours

Richemont stock rises on Third Point investment rumours

Richemont surged on the Swiss stock exchange on Monday on press reports that the US activist hedge fund Third Point has bought a stake in the luxury goods group.
Luxury