Luxury
Excellent first half for LVMH
One of the world's leading luxury groups recorded revenue of 25.1 billion euros in the first half of 2019, up by 15%. Organic sales at LVMH grew by 12% compared to similar period in 2018
Digital changed the conversation between consumers and brands
Watch the interview to learn a bit more about brands, digital and China according to the views of Maria Amelia Odetti from Secoo
Farfetch announces quarter with new record
The giant marketplace dedicated to luxury fashion has announced second quarter results marked by new records in revenue and Gross Merchandise Value
An investment year for Capri
The UK-based group has announced first quarter results with total revenue growing by 11.9%. The management of the Capri Holdings reaffirmed this will be the year to invest heavily in the business
Kering: strong growth in revenue
The French-based luxury group has announced two digit growth for the first half of the year with 18.8% for year on year revenue growth
Chanel appoints first Senior Executive for Diversity
Fiona Pargeter is joining Chanel from Swiss Bank UBS where she was head of Diversity and Inclusion for Europe, the Middle East and Africa
Bottega Veneta with new CEO
The Kering Group, owner of Bottega Veneta, announced the appointment of Bartolomeo Rongone as CEO of the brand, effective from the 1st of September 2019. He will report to François-Henri Pinault, Chairman and CEO of Kering and will be a member of the Group’s Executive Committee
Neiman Marcus with significant loss
The Texas-headquartered department store group reported falling third quarter revenue. Net loss reached 31.2 million US dollars, a worse result than the 19.9 million US dollars net loss from the previous year
Kering to relocate Swiss logistic activities
After the agreement with Italy’s Inland Revenue the French luxury group Kering might be on the verge to relocate most of its logistic activities to Italy
Harrods: world’s best performing luxury department store
The famous 170-years old luxury department store has proven its deep-rooted experience in the retail arena and scored in first ahead its competition
London leads opening of global luxury stores
Despite the current challenges within the UK retail market, London took the global top spot for luxury store openings in 2018, according to research from international real estate advisor Savills
Kering with good performance
The group's revenue in the first quarter of 2019 reached 3.79 billion euros, up by 21.9% as reported (up by 17.5% on a comparable basis). Kering owns a portfolio of brands, which include names such as Gucci and Yves Saint Laurent- 1
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