Citizen Jewellery, the jewellery division of the Japanese brand Citizen Co., is looking to bring its pearl jewellery brand Citizen Pearl to India. Ganjam, a Bangalore-based retailer of high-end jewell…
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Slow recovery in the US and Europe to affect India’s jewellery industry
The slow economic recovery in the US and Europe may subsequently slow down the export growth of Indian gems and jewellery in the short term, a study conducted by the Export-Import Bank Of India said. …
Luxury Gandhi pen on hold in India
A new luxury pen series dedicated to Mahatma Gandhi by the German luxury accessories giant Montblanc is to be legally prohibited from being sold or marketed in India. The pen, priced at USD30,000, was…
Denarius Dirham Bullion (India) signs JV with Dinarius-Dirham Global Malaysia
Dato Seri Mahathir Mohamed, the Prime Minister of Malaysia, officially announced the opening of business of Dinarius-Dirham and the launch of its gold dinar and silver dirham at the Organisation of th…
PPR studies small-scale lifestyle acquisitions
PPR SA is studying several small-scale acquisitions to bolster its luxury and lifestyle portfolio and will take its time disposing of its less profitable retail units, CEO Francois-Henri Pinault said …
Prada profits ahead of forecasts
Luxury label Prada said that its operating profit for 2009 would come in ahead of its own expectations, due to a rise of more than 14 percent in retail sales.
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Louis Vuitton records double-digit growth in 2009
Luxury brand Louis Vuitton has recorded “double-digit revenue growth” in 2009, providing a lift for parent group LVMH.
French luxury goods group LVMH said that Louis Vuitton had been its …
Revamping Richemont’s wardrobe
The luxury goods industry still looks broadly cheap, assuming Asian demand will help it regain the multiples it sported back in the halcyon days of 2001-2007, and this suggests it’s time for a s…
McCann Guangzhou wins account of Chinese luxury watch brand Fiyta
McCann Erickson Guangzhou has snapped up the 2010 creative account for Chinese luxury watch brand Fiyta.
James Yang, VP of McCann Erickson Guangzhou, said one of the main reasons the agency won the ac…
Hugo Boss crimped by small Asia exposure
As shoppers across the world gingerly start spending again on luxury, German fashion house Hugo Boss risks being left behind because of its dependence on department store sales and European customers…