Richemont's first-half sales remain stable, operating profit falls 17%
Richemont, the Swiss-based luxury goods holding company, has demonstrated resilience in the six months (H1) ended September 30, 2024, amid…
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Mysterious diamond-laden necklace sells for $4.8 million at Geneva auction
By AFP Published November 13, 2024 A mysterious necklace loaded with some 500 diamonds and with possible links to a…
IMG pulls out of Australian Fashion Week, leaving the event in limbo
Published November 13, 2024 Media and events company IMG announced on Wednesday that it will no longer support Australian Fashion…
Holiday Cheer and Increased Advance Buying Among Luxury Consumers: Saks Luxury Pulse Survey
Published November 12, 2024 Luxury consumers are preparing to spend the same or more on holiday shopping compared to last…
American fashion holding company Tapestry records sales of $1.51 billion in the first quarter
Tapestry, Inc, the parent company of renowned brands Coach, Kate Spade and Stuart Weitzman, reported net sales of $1.51 billion…
Historic FP Journe wristwatch sells for record price of $8.4 million
By Bloomberg Published November 10, 2024 A historically important wristwatch made by independent French watchmaker Francois-Paul Journe sold for a…
N Brown switches to innovative dissolvable packaging
Published November 11, 2024 Plastic packaging is one of the biggest problems for physical and online retailers and consumers are…
US Ralph Lauren's Second Quarter Profits Beat Projections; raises outlook for FY25
American luxury lifestyle brand Ralph Lauren Corporation has reported earnings per diluted share of $2.31, up 5 percent year-over-year on…
Retired Olympian Daley Hits Reel With Tokyo Knitwear Show
By AFP-Relaxnews Published November 10, 2024 (AFP) – Tom Daley has knitted sweaters, cardigans and swimsuits, and now the retired…
EU regulators investigating whether Visa and Mastercard fees hurt retailers, document shows
By Reuters Published November 6, 2024 EU antitrust regulators are investigating whether fees charged by Visa and Mastercard are having…