Kering announces the sale of Girard-Perregaux and Ulysse Nardin to their management. Kering is selling its entire stake (100%) in Sowind Group SA, which owns the Swiss watch manufacturers Girard-Perregaux and Ulysse Nardin, to its current management. A global Luxury group, Kering manages the development of a series of renowned luxury Houses in Fashion, Leather … Read more
Only Watch is a biennial charity auction of unique watches for research on muscular dystrophies. In 8 editions €70+ millions were raised. On November 6, 2021; 55 luxury timepieces will be auctioned to support scientific research and find a cure on Duchenne Muscular Dystrophy, a devastating genetic disease affecting one in 3000 male births. AUDEMARS PIGUET ROYAL OAK … Read more
Kering acquires family-owned Danish luxury eyewear company. Kering Eyewear acquires the Danish luxury eyewear brand Lindberg, a family-owned Danish eyewear company, renowned and awarded for its exceptional titanium optical frames, design, innovative and patented technology and impeccable craftsmanship. According to Kering luxury group, the high-end brand has a unique positioning and solid growth … Read more
Only Watch is a biennial charity auction of unique watches for research on muscular dystrophies. In 8 editions €70+ millions were raised. On November 6, 2021; 55 luxury timepieces will be auctioned to support scientific research and find a cure on Duchenne Muscular Dystrophy, a devastating genetic disease affecting one in 3000 male births. … Read more
Diamond industry suffered during the Covid-19 crisis but fared better than the personal luxury market overall. Report Diamond industry poised for rebound in 2021. Lockdowns, travel restrictions and economic uncertainty pushed diamond jewelry sales down by 15 percent in 2020 with most of the decline happening in the first and second quarters. But … Read more
“The growth potential of luxury e-commerce has never been so promising, and the importance of China for the luxury industry is only becoming more obvious every day.” – François-Henri Pinault, Chairman, Artemis (the controlling shareholder of global Luxury group Kering (Gucci, Saint Laurent, Bottega Veneta, Balenciaga, Alexander McQueen, Brioni, Boucheron, Pomellato, Dodo, … Read more