Accessories
LVMH completes the acquisition of Tiffany & Co.
The luxury group announced that it has completed the acquisition of Tiffany & Co., the global luxury jeweller. The acquisition of this iconic US jeweller will transform LVMH’s Watches & Jewellery division and complement LVMH’s 75 distinguished Maisons
Chloé appoints Gabriela Hearst Artistic Director
The Richemont-owned French luxury fashion house announced the appointment of Gabriela Hearst to the position of Artistic Director after making official the departure of Natacha Ramsay-Levi last week
Tapestry: Pam Lifford and Thomas R. Greco join Board of Directors
The New York-based house of modern luxury accessories and lifestyle brands announced that Pam Lifford and Tom Greco have been appointed to Tapestry’s Board of Directors. This brings the Board Membership to Ten
By the Book: more than a backpack, a concept
An idea materialized in a piece and one clear goal: to make a difference by giving meaning to an object. And in this way, By the Book was born, a new brand of accessories that promises to make a difference in the market
More changes at Mulberry are underway
Last month, Mulberry announced plans to cut a quarter of its global workforce. Now, the British brand specialized in luxury handbags, should be about to close the offices in Paris and Hong Kong
New Generation: meet Flávio Ferreira
Flávio Ferreira has a background in Mechanical Engineering and works at Bolflex since 2015, but this being the family business he has been close to the growth and development of the company since a young age
New appointment to Richemont Senior Executive Committee
Philippe Fortunato has been nominated to head the fashion and accessories division of the luxury group, which includes brands such as Chloé, Dunhill or Montblanc, amongst others
Expo Riva Schuh & Gardabags: winter edition brought forward to December 2020
Riva del Garda Fierecongressi has established the new dates for the next edition of Expo Riva Schuh and Gardabags: 11th-14th December 2020, wishing to give a positive impulse towards a return to commercial exchange at international level
It’s impossible to do good external promotion without going to trade shows
Orlando Soares from Portuguese-based Malas Peixoto Soares, a leather goods company with 70% of the production destined to exports, talks about the role played by external promotion in the growth of the company
JCPenney to close 242 locations
According to a filing with the Securities and Exchanges Commission, retailer J.C. Penney, which recently filed for bankruptcy protection, plans to close more than 200 locations
Tod's with 29.4% drop in sales
The Italian-based luxury group had a strong start of the year, until the outbreak of the pandemic. Group sales totaled 152.8 million euros in quarter one, down by 29.4% in the first quarter of 2019
Picard calls for creditors’ protection
The Germany-based leather goods label has moved to ask for creditors' protection. The company took the hit of the Covid-19 crisis as most of the retail locations with their products are now closed
Richemont with two-digit sales drop
The luxury group closed the financial year with a 2% growth in sales, but the last quarter (ended 31st March 2020) was heavily impacted by Covid-19
Burberry says it will not apply for British state crisis money to pay salaries
With the UK under lockdown given the Covid-19 pandemic, many companies have taken advantage of the state job retention scheme. Burberry has said it won't take any of this cash
Kering announces quarter heavily impacted by Covid-19
The luxury group has announced consolidated revenue in the first quarter of 2020 of 3 203.2 million euros, down by 15.4%, as reported (-16.4% on a comparable basis)-
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