Luxury giant Richemont revives CEO role, Q4 sales dip, but Alaïa booms
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) …
Van Cleef & Arpels
Watches of Switzerland Group to buy Roberto Coin’s US ops
Italian jewellers are clearly in fashion. Just a day after Richemont announced it’s buying Vhernier, UK-based Watches of Switzerland Group had its own big news — it’s buying Roberto Coin …
Richemont adds to jewellery portfolio with Vhernier buy
Swiss luxury giant Richemont announced on Tuesday that it has reached an agreement to acquire 100% of Vhernier S.p.A., the Italian jewellery house, in a private transaction. Vhernier Forty-year-old Vhernier …
Buccellati names Nicolas Luchsinger as new CEO
Translated by Nicola Mira Published Feb 8, 2024 Buccellati has appointed a new CEO. Nicolas Luchsinger, currently president Asia-Pacific at Van Cleef & Arpels, will take charge of the Italian …
a Paris mansion not a French brand
Bernard Arnault used to be known for buying luxury brands. Now, his favorite pastime is snapping up buildings – the latest of which is a historic Paris mansion near the …
Bernard Arnault in witty mood at LVMH results’ presentation
Translated by Nicola Mira Published Jan 29, 2024 Last Thursday, a few seconds after 6 pm CET, as soon as trading at the Paris Stock Exchange closed for the day, …
Dior and Louis Vuitton encouraged to “slow down their growth” in 2024
Translated by Roberta HERRERA Published Jan 27, 2024 During the announcement of LVMH’s annual results on Thursday, January 25, the French conglomerate’s chairman, Bernard Arnault, once again highlighted “the outstanding …
Jade, gemstones, the history of jewellery: in Shanghai, Van Cleef & Arpels’ L’École China opens for fans to indulge their passion
When Van Cleef & Arpels established L’École, School of Jewelry Arts, in Paris, in 2012, the French jeweller wanted to create a space that both the public and connoisseurs could …
Galeries Lafayette puts Nicolas Morineaux in charge of Chinese market
Translated by Nicola Mira Published Dec 15, 2023 French department store group Galeries Lafayette has placed Nicolas Morineaux, a luxury and finance expert with a strong track record in Asia, …
Richemont names Laurent Malecaze as president & CEO of Chloé
Luxury group Richemont has appointed Laurent Malecaze to be the new President & CEO of Chloé, its Paris-based fashion house. Laurent Malecaze Malecaze succeeds Riccardo Bellini, who help oversee the recent surprise appointment of Chemena Kamali as the …