Aga Khan's emerald reaches record $9 million at Geneva auction
By AFP Published November 12, 2024 A rare 37-carat square emerald owned by the Aga Khan sold for nearly $9…
Van Cleef & Arpels
Luxury stocks headed for the disposal bin
By Bloomberg Published September 24, 2024 Top luxury brands rarely go on sale, and their stock prices are not. Valuations…
Rupert de Richemont says luxury watchmakers must cut production
By Bloomberg Published September 11, 2024 The head of Richemont, owner of Cartier and Vacheron Constantin, said the luxury watch…
Chinese grey market dominates online sales of luxury brands
By Bloomberg Published September 3, 2024 China's grey market, where new and authentic goods are sold at deep discounts, is…
Luxury giants fear China is becoming Japanese
By Bloomberg Published July 29, 2024 Even LVMH Moet Hennessy Louis Vuitton SE, the world’s most resilient luxury conglomerate, is…
LVMH shows that the luxury sector is suffering
By Bloomberg Published July 24, 2024 We’re all drinking less Champagne as the world becomes a scarier place. That was…
Tiffany staff departures put LVMH's turnaround plan to the test
By Bloomberg Published July 22, 2024 LVMH's $16 billion purchase of Tiffany & Co. transformed the luxury goods powerhouse into…
Cartier and LVMH look for stores outside Paris to boost Olympic retail
By Reuters Published May 21, 2024 Luxury retailers in European cities outside France are vying for business with deep-pocketed tourists…
a Parisian mansion, not a French brand
Bernard Arnault used to be known for buying luxury brands. Now his favorite hobby is collecting buildings, the latest of…