Richemont and Alber Elbaz create AlberelbaZfashion start-up. Richemont, one of the most important luxury groups, and fashion designer Alber Elbaz announced the signing of an agreement to form a joint venture, called “AZfashion” (AlberelbaZfashion). AZfashion will be an innovative and dynamic start up, meant to turn dreams into reality. Richemont owns several of … Read more
LVMH bid for jeweller is latest attempt to target China’s new wealthy generation
“This game-changing partnership between Richemont, Alibaba and YOOX NET-A-PORTER unites three world leaders who together are redefining the way Chinese customers shop for luxury.” The partnership between Alibaba and YOOX NET-A-PORTER is bringing Chinese consumers unprecedented access to the world’s leading luxury brands Richemont and Alibaba Group announced the opening of the NET-A-PORTER … Read more
Fallout continues after advert featuring Chinese model trying to eat pizza with chopsticks
Chinese consumers are expected to account for nearly half of the global luxury market by 2025. Swiss luxury goods group Richemont and Alibaba group announce global strategic partnership. This partnership will bring Chinese consumers unprecedented access to the world’s leading luxury brands. Under the partnership, YNAP and Alibaba will establish a joint venture (JV) … Read more
Piquadro acquires Richemont-owned Lancel International. Professional and travel leather goods group Piquadro announced the acquisition of the entire share capital of Lancel International – the luxury leather goods brand owned by Richemont, the Swiss luxury goods group which also owns Cartier, Van Cleef & Arpels, and Dunhill. The brands Richemont owns include A. Lange & Söhne, … Read more