OTB, the holding company of Italian fashion billionaire Renzo Rosso, quadrupled its Earnings Before Interest and Tax (EBIT) to €21.5 million in 2017. Though total group revenue slid 2.4 percent over the same 12 months.
Burberry has announced that Gavin Haig, who was the chief executive of luxury retailer Belstaff until January, will join the company in the newly created position of chief commercial officer.
Selfridges has worked with director and photographer Norbert Schoerner on a 60-second ad that will run in cinemas in London, Birmingham and Manchester from May 19.
The initiative is the latest attempt by the industry to clean up its image and expunge the scourge of "blood diamonds" blamed for financing conflict in poor African countries, such as Sierra Leone and Liberia.
Actress Annabelle Wallis has landed a new role as the face of the Panthère de Cartier watch.
Yoox Net-A-Porter has added a dedicated platform for fine jewellery and watches after determining that many customers “have no hesitation” in purchasing expensive accessories online.
50m is the name of a new experimental London concept store that’s aiming to shake up the young designer fashion market in the city with a co-operative approach that will also include social and mentoring elements.
Alibaba has disclosed the first results of Luxury Pavilion, the luxury website within Tmall it launched last August, whose services are expanding via a newly hatched loyalty programme.
Tiffany & Co. has launched its Home collection in Europe, choosing to debut it in a greenhouse-themed installation at its Piazza Duomo store in Milan.
Change continues at Louis Vuitton, as the house on Monday announced the appointment of the very well-travelled Francesca Amfitheatrof as its new Artistic Director Watches and Jewellery.
