Farfetch to lay off a third of staff in 2024
Amid an ongoing upheaval of its management team, luxury e-tailer Farfetch is now also reportedly set to lay off between 25 and 30 percent of…
Amid an ongoing upheaval of its management team, luxury e-tailer Farfetch is now also reportedly set to lay off between 25 and 30 percent of…
For the third consecutive year, watch exports experienced strong growth in 2023, exceeding the 26 billion francs mark for the first time. But a few…
The fact that China’s economy may now be weakened but its domestic luxury market is almost double the size it was in 2019, with growth…
With wars grinding in Ukraine and the Middle East, and a record number of countries holding elections in 2024, consumers are, understandably anxious, and more…
Following years of growth, the luxury industry might face a slowdown, according to RBC Capital Markets. LVMH’s stock price falling -7% following its quarterly results, its biggest…
Bucherer has announced that its jewellery brand Bucherer Fine Jewellery will be exclusively available with luxury online retailer Mytheresa, marking the brand’s first online retail partnership. The…
A new report from the British luxury council which represents around 600 businesses in London, has found that spending in the capital by tourists this…
For the first quarter of 2023, the majority of luxury brands and groups saw a decline in sales in America (Kering, Burberry, Prada, Richemont etc). Hermès is one…
Les ventes de LVMH aux États-Unis ont diminué au deuxième trimestre, la morosité de l’économie ayant dissuadé certains acheteurs d’acheter vêtements et sacs à main…
Luxury goods and their potential connection to “dirty money” or illicit activities is a constant subject of scrutiny and concern. Most luxury brands have faced…
Dans l’univers du luxe où les enjeux sont élevés, les entreprises sont confrontées à des pressions concurrentielles plus fortes que jamais. L’un des champs de bataille…
Our children will join the company says Diego Della Valle, CEO of Tod’s Group. Arnault works a lot, in Italy I do not see the creation of…
Supreme and Louis Vuitton took everyone by surprise last Paris fashion week, a surprising partnership when you consider that their last meeting dates back to…
Fontainebleau Development, which owns the historic Fontainebleau Miami Beach, first proposed a Fontainebleau on the Las Vegas Strip in 2005. A recession, a pandemic, and…
Rolex SA will create three temporary production facilities that will begin churning out luxury watches in 2025, as the world’s largest maker of high-end timepieces seeks…
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