Expect another year of rapid growth at LVMH, insisted Bernard Arnault, chairman of LVMH, at the group's AGM. Though he called reports that LVMH executives had held talks with the owners of Chanel “fake news.”
London-based Graff Diamonds is the latest luxury name to enter the fragrance arena with a new deal that sees it partnering with Inter Parfums on an exclusive worldwide project to launch a fragrance portfolio.
A boom in online luxury goods sales is finally convincing high-end watchmakers, long sceptical that customers would pay thousands to buy intricate timepieces on the web, to step up their investments in e-commerce.
When the French outpost of Bulgari Hotels and Resorts opens in 2020, it will occupy a place on 30 avenue George V which forms one of the most exclusive and most expensive pieces of real estate in the city.
Italian luxury group Tod's will use multiple collections throughout the year to engage better with customers, its chairman said on Friday, as more fashion brands adapt their strategies to the fast-moving market.
Luxury rental service Armarium opened its first LA pop-up that links the sharing economy with the demands of awards season fashion. The pop-up also offers pieces from online fine jewelry rental company, Flont.