Richemont & Farfetch form a joint-venture with Ali Baba
It’s now official. While rumors have swirled for several days, Chinese e-commerce giant Alibaba, Swiss luxury group Richemont and British online sales site Farfetch are…
LVMH & Tiffany reach a buyout agreement
The luxury group confirms the rumors that circulated since yesterday about the resumption of negotiations with the American jewelry house. It went for 131,50 dollars…
Top 50 luxury brands could lose up to US$35 Billion of brand value
The world’s top 50 most valuable luxury and premium brands could lose up to US$35 billion worth of brand value as a result of the…
Gucci launches e-store with The RealReal
The move comes as the wider second hand market is quickly gaining ground. Companies including COS, Zalando and Selfridges have all launched resale businesses of their own since…
Chanel rachète sa boutique londonienne pour 310 millions de livres
CHANEL a accepté de payer 310 millions de livres (400 millions de dollars) pour acheter sa boutique sur Bond Street à Londres, soit 70 millions…
Japanese designer, Kenzo dies at 81 after Covid-19-related complications.
“Kenzo Takada died on Sunday October 4, 2020 at the American Hospital of Neuilly-sur-Seine from the Covid-19 suites”, announced a spokesperson for the Japanese designer…
La maison Buccellati inaugure son nouveau siège Milanais
Au seuil des 100 prochaines années d’activité, le joaillier de luxe Buccellati s’installe au cœur du vieux Milan: le bâtiment de 2000 mètres carrés a…
Buccellati unveils new headquarters in Milan
On the threshold of the next 100 years of activity, luxury jeweller Buccellati moves into the heart of the old Milan: the building of 2000 square meters…
La maison McLaren inaugure son atelier-showroom Parisien
Le dernier atelier de McLaren Automotive, La Maison McLaren à Paris, n’est pas seulement une salle d’exposition pour ses voitures, mais également une célébration des…
Prada rebounding in China
“The appetite for luxury goods is still there,” Patrizio Bertelli, CEO of Prada, said a few days ago in a statement sent to Reuters. While…
LVMH/TIFFANY, no breakfast ?
Deal struck before coronavirus lashing the luxury goods market would have been the biggest-ever in the industry. French luxury goods giant LVMH said it would walk away…
Hermès opens renovated space in Sendai, Japan
Hermès has recently opened a renovated and extended space within the Fujisaki Department Store in Sendai, on 5 September 2020. This reopening marks a new chapter…
Brunello Cucinelli crée une école des arts et métiers
Brunello Cucinelli a décidé de créer une école des arts et métiers à Solomeo, s’inspirant des grands visionnaires John Ruskin et William Morris, avec leur…
France & Italy luxury retail heavily impacted by the ban on American tourists
Americans are important customers for European luxury brands, especially in the crucial summer months, given the majority of American tourists come between May and August.…
Hermès dévoile un magasin rénové à Tokyo
Hermès a annoncé la réouverture de son magasin récemment rénové au cœur du quartier Marunouchi à Tokyo. Premier magasin Hermès ouvert au Japon en 1979,…