19 September 2024 The Swiss Watch Industry sounds the alarm Despite a rebound in global exports in July and August, the Swiss watchmaking industry is concerned about the
18 September 2024 HSBC cuts second-half luxury goods forecast HSBC’s “Cruel Summer” report finally predicts organic growth for luxury goods of 2.8%, instead of the 5.5% initially
17 September 2024 Luxury e-commerce: Mytheresa improves its performance While the luxury goods market and e-commerce platforms positioned in this segment are facing a slowdown, Munich-based Mytheresa
16 September 2024 Piper-Heidsieck (EPI): CEO Benoit Collard leaves After almost nine years at the helm, Benoit Collard is leaving Piper-Heidsieck, owned by French luxury goods group
16 September 2024 The Wertheimers and Bettencourt Meyers acquire a stake in The Row Gérard and Alain Wertheimer and the Bettencourt Meyers, owners of Chanel and L’Oréal respectively, have acquired a stake
13 September 2024 Nordstrom performed better than expected in the second quarter The American department store chain outperformed Wall Street’s expectations in the second quarter, which was greeted by a
13 September 2024 Boucheron opens a new jewelry chapter in the United States Boucheron has just inaugurated its new New York flagship on Madison Avenue. The opening marks the beginning of
12 September 2024 Puig’s half-year results displease the stock market The first half of 2024 for the Spanish specialist in perfumes, fashion and beauty disappointed investors. Puig shares,
11 September 2024 Capri and Tapestry defend proposed merger in court The two American luxury groups, owners of Michael Kors, Versace and Jimmy Choo (for Capri) and Coach, Kate
11 September 2024 Artificial intelligence: luxury continues its transformation in 2024 Between analytical and generative artificial intelligence, luxury is pursuing its ambition to ultra-personalize its interactions with customers. The