Swiss luxury goods group Richemont said Friday that sales had climbed above their pre-pandemic level thanks to sales in Asia, the Americas and Middle East. Jewellery sales led the advance, while fashion sales declined.
Building on its “long-term commitment to ensure more sustainable and circular practices”, Net-A-Porter and Mr Porter have entered the pre-owned luxury watches market with Watchfinder & Co for the US market.
Azzedine Alaïa was never, ever going to be an easy act to follow, but before an elite audience at the house’s headquarters, Pieter Mulier unveiled a striking and sculptural debut collection, to win a standing ovation.
The Swiss group, owner of Cartier, Net-à-Porter, Chloé, Dunhill, Alaïa and more, announced on Wednesday the acquisition of historic Belgian leather goods house Delvaux. The transaction amount was not disclosed.
The German brand owned by the Richemont group has recently dropped a collaboration with French label Maison Kitsuné, confirming the intention of strengthening its cross-category appeal beyond its iconic logo.
Italian police have arrested a Chinese couple accused of running a leather goods business which exploited immigrant workers it employed to make handbags for a Burberry supplier, according to an arrest warrant.