In the first six months of the financial year, Richemont luxury Group, the parent company for Buccellati, Cartier, Van Cleef & Arpels, and Montblanc among others, reported another set of strong results as the momentum seen in the first quarterof the financial year continued into the second quarter. Sales from continuing operations increased by 24% … Read more
Farfetch Confirms Discussions With Richemont Farfetch Limited, the leading global platform for the luxury fashion industry, confirms that they are in discussions with Richemont in relation to a potential expansion of their existing Luxury New Retail strategic partnership. The parties are discussing a number of possible options, including the leveraging of Farfetch Platform Solutions … 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