Luxury (Retail) Recruiting takes quality & time
Discover Elite Talent, Uncover Exceptional Opportunities Listen to our 5 minutes presentation: Beyond the Resume Joblux.com: Your Global Partner in Luxury (Retail) Recruitment In the…
Category: Business
Managers hiring people based on their personal liking undermines company productivity
Hiring managers are supposed to select the perfect candidate based on any number of criteria, from skills matching to leadership potential. But new data shows just how much an applicant’s personal rapport…
Luxury consumer confidence drops
According to the latest SAKS Global Luxury Pulse survey, 45 percent of luxury consumers reported “feeling calm about the economy” which, while down 12 percentage points on…
Bulgari Just Opened the World’s Largest Luxury Jewelry Manufacture
Business, it would appear, is booming for Bulgari. The company just enlarged its jewelry manufacture by 204,514 square feet to 355,209 square feet. It is the largest single-branded…
Trump’s tariffs and the luxury industry (Part 1)
President Donald Trump’s tariffs have finally been announced, unlocking a new degree of uncertainty in global business. Europe, subject to a 20% blanket tariff. Luxury…
Hermès heir to leave $11 billion to former employee
Nicolas Puech, the 82-year-old heir to the Hermès fortune is estranged from most of the family, and is unmarried and without children. Puech’s decision stems from a…
Walmart’s 80 dollar Birkin bag knockoff sparks huge controversy
Third-party sellers on Walmart‘s website recently listed some new handbag styles and social media users were quick to point out the bags looked quite similar to the famous Hermès handbag.…
BVLGARI opens new store in Riyadh
BVLGARI, the magnificent Roman jeweler and master of colored gems, celebrates the opening of a new boutique at Solitaire in Riyadh on the February 12,…
MONCLER reports double digit growth in 2024
Moncler Group surpassed sales of 3.1 billion euros in 2024 seeing growth in China as several competitors still lament a lackluster performance in that market, and with…
FERRAGAMO CEO is stepping down
Ferragamo announces CEO Marco Gobbetti is to step down from the helm of the company and the board by “mutual agreement”. The company said the board met on…
Christian Lacroix acquired by Sociedad Textil Lonia
Spanish company Sociedad Textil Lonia (STL) has reached an agreement to acquire 100 per cent of Christian Lacroix, the French fashion house synonymous with 1980s…
Saks acquires Neiman Marcus for a total of $2.7 billion
Late Monday afternoon, Saks Global disclosed that it has finalized its acquisition of Neiman Marcus Group for a total enterprise value of $2.7 billion, as has been expected. The…
AI-powered authenticators struggle to detect counterfeit luxury goods
Artificial intelligence still cannot compete with humans when it comes to scams, rip-off products and copycat items. Fake people can’t stop the biggest fakers of all:…
Zegna Group sales increase 6 % first half 2024
Italian luxury fashion group Ermenegildo Zegna NV was able to achieve an increase in sales in the first half of the 2024 financial year. However,…