By Reuters Published October 14, 2024 Investors in French luxury group LVMH are eager for signs that China’s new fiscal stimulus measures can finally pull wealthy and middle-class Chinese shoppers …
Published October 8, 2024 Mytheresa acquired YNAP this week from Richemont, and in return the Swiss-based luxury giant acquired 33% the German-based luxury e-tailer. Here’s CEO Michael Kliger explains on …
Published October 7, 2024 After strong rumours last week, on Monday Richemont announced that yes, it is ‘selling’ Yoox Net-A-Porter (YNAP) to luxury fashion e-tailer Mytheresa, although it won’t receive …
Published October 3, 2024 Paris Fashion Week remains an incredible magnate for ideas, as three American marques – Adam Lippes, 7 For All Mankind and Brad Pitt-backed God’s True Cashmere – …
Published October 3, 2024 Has Yoox Net-A-Porter (YNAP) finally found a buyer? A report on Thursday said that Mytheresa is buying the online in-season and off-price business from Richemont. Net-A-Porter …
By Bloomberg Published September 27, 2024 We’ve had Taylor Swift, Emily in Paris and more designer purses than Saks Fifth Avenue’s handbag floor. But there has been one $400 billion elephant …
Published September 26, 2024 On a day of biblical deluge in Paris, designers two houses with radically different aesthetics – romantic Chloé and fierce Mugler – grappled, both successfully, with …
Published September 24, 2024 Richemont-owned Montblanc announced on Tuesday the appointment of Giorgio Sarné to the role of CEO, effective November 15. Giorgio Sarné – Courtesy A luxury veteran with over …
By Bloomberg Published September 24, 2024 The best luxury brands rarely go on sale. Not so their share prices. Valuations across the sector have tumbled on a deteriorating Chinese economy and …
“Made in Italy: shame in Italy,” chanted a handful of migrant labourers last week in Geneva, Switzerland, outside the flagship store of luxury accessory maker Montblanc, having travelled from Italy’s …