Richemont and Alber Elbaz announced the signing of an agreement to form a joint venture, called “AZfashion” (AlberelbaZfashion).…
NET-A-PORTER flagship store launches on Tmall Luxury Pavilion
Richemont and Alibaba Group announce the opening of the NET-A-PORTER flagship store on Alibaba’s Tmall Luxury Pavilion, an exclusive platform dedicated to the world’s leading luxury and fashion brands…
Montblanc names new general manager of leather goods
Montblanc has appointed Jean-Charles Hita as one of its company general managers, overseeing its leather goods division.…
Swatch will not return to Baselworld Watch Fair
As watchmakers increasingly rely on their own distribution networks, the industry’s largest annual conference runs the risk of becoming obsolete.…
Why top watch marques no longer need Baselworld, SIHH?
The future of watch fairs is in danger.…
How Richemont is plotting Yoox Net-a-Porter’s expansion with Alibaba
While 2018 saw several luxury conglomerates consolidating their empires through brand acquisitions, others like Yoox Net-a-Porter looked to strategic partnerships.…
Pressure at Richemont over restructuring
The conference call held last week for luxury brands group Richemont’s latest results was at times surprisingly tense as changes in the reporting lines are being made.…
Chanel’s recipe for success uncovered
Chanel is simultaneously among the most exclusive and most accessible luxury fashion labels of all, a strategy that has made it by far the world’s largest luxury megabrand in retail equivalent terms.…
Richemont to buy Buccellati from Chinese owner
Richemont group is in talks to buy Italian jewellery brand Buccellati from its new Chinese owner.…
YOOX enters China through Richemont x Alibaba global partnership
Richemont and Alibaba Group announced a global strategic partnership to bring the retail offerings of YOOX NET-A-PORTER GROUP to Chinese consumers.…