Luxury giant Richemont’s Q1 results on Tuesday showed the fashion-to-fine jewellery brand owner with “resilient” sales in the three months to 30 June. But while Alaïa prospered, Chloé and YNAP were less buoyant. …
After the collapse of Farfetch and its rescue by Coupang at the end of 2023, several shareholders felt they had been wronged. Two of them are now suing the company, …
By Bloomberg Published Jul 9, 2024 Over the past two weeks, Amazon.com Inc. has sought to make inroads in the selling of both bling and bargains. Only one move is …
Matches is to close forever at the end of this month after a period in which it has been clearing stock under the control of its administrators. The luxury fashion …
Luxury shoe and accessories brand Roger Vivier has announced Xin Zhilei as its latest brand ambassador. The award-winning Chinese actress will work with the company to “celebrate some of the …
A strain of Anglomania dubbed “Town and Country” for its mix of Savile Row tailoring, utilitywear and bucolic motifs is hitting a fever pitch for resort. Given the name by …
As luxury giant Richemont continues to seek a long-term solution for its underperforming Yoox Net-A-Porter (YNAP) business, a report has said that the online operation is exiting China to focus …
By Bloomberg Published Jun 14, 2024 Richemont’s luxury e-commerce platform Yoox Net-A-Porter is pulling out of China, as weak consumer spending puts increasing strain on high-end brands’ operations in the …
Richemont had a lot to share on Friday with the Swiss luxury giant both confirming the slowdown in the luxury sector (albeit with only a 1% sales dip in Q4) …
PARIS — With the Cannes Film Festival in full swing, Paco Rabanne is celebrating summer with the launch of a capsule collection with Net-a-porter inspired by the French Riviera. The …