Cartier maker Richemont said on Thursday solid sales growth in the quarter to Dec. 31 was driven by the Asia Pacific region and buoyant jewellery demand, kicking off the luxury goods reporting season on a positive note.
Burberry shares continued to fall Friday as investors were spooked about planned changes at the label and the money they will cost. But Belgian Billionaire Albert Frere took the opportunity to raise his stake.
Luxury goods group Richemont on Friday appointed Jérôme Lambert, currently head of operations, to the newly created role of chief operating officer responsible for the Swiss group's watch and fashion brands.
It has been an exciting summer for makeup artist Pat McGrath -- not only did she win the prestigious Founder's Award at this year's CFDA Awards, but she has also just been named beauty-editor-at-large of British Vogue.
Georges Kern, tipped as a potential chief executive of Chloé and Alaia owner Richemont , left the luxury goods group abruptly on Friday just four months after taking over as head of its watchmaking division.