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Tiffany Q3 profit misses on slow Americas, Hong Kong demand
Luxury jeweler Tiffany & Co, which is being bought by France's LVMH, missed market expectations for quarterly profit and sales on Thursday, hit by lower spending by foreign tourists in the United States and Hong Kong.
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Jewellery
Business
Moncler plays down possible Kering tie-up amid luxury merger wave
The chief executive and top shareholder of Moncler played down speculation around a takeover by Gucci-owner Kering on Thursday, saying the two firms sometimes talked but that there was no deal in the works.
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Ready-to-wear
Business
Flipkart picks up stake in Shadowfax to expand delivery network
Indian e-commerce major Flipkart has bought a minority stake in logistics platform Shadowfax for around $50 million (Rs 356 crore), as it looks to strengthen its delivery network across India.
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Miscellaneous
Business
Lenskart loss narrows to Rs 28 crore for FY19, revenue up 56 percent
Lenskart managed to narrow its losses to Rs 28 crore ($4 million) for the financial year 2018-19, as against a net loss of Rs 188 crore it had reported in the fiscal year 2017-18.
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Eyewear
Business
Chanel brings 31 Rue Cambon to the Grand Palais
In her first Métiers d'Art collection for Chanel, Virginie Viard looked to Gabrielle Chanel's iconic apartment at 31 Rue Cambon, reinventing the brand's historical codes in a much-applauded show at the Grand Palais.
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Catwalks
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Business
Marico to focus on e-commerce to boost sales of premium products
Fast-moving consumer goods brand Marico Limited is banking on e-commerce to drive the growth of its premium products in the Indian market.
today
Miscellaneous
Business
Tiffany Q3 profit misses on slow Americas, Hong Kong demand
Luxury jeweler Tiffany & Co, which is being bought by France's LVMH, missed market expectations for quarterly profit and sales on Thursday, hit by lower spending by foreign tourists in the United States and Hong Kong.
today
Jewellery
Business
Moncler plays down possible Kering tie-up amid luxury merger wave
The chief executive and top shareholder of Moncler played down speculation around a takeover by Gucci-owner Kering on Thursday, saying the two firms sometimes talked but that there was no deal in the works.
today
Ready-to-wear
Business
Flipkart picks up stake in Shadowfax to expand delivery network
Indian e-commerce major Flipkart has bought a minority stake in logistics platform Shadowfax for around $50 million (Rs 356 crore), as it looks to strengthen its delivery network across India.
today
Miscellaneous
Business
Design
Pantone picks Classic Blue as key shade for 2020
Pantone has announced its Color of the Year for 2020 and has selected Pantone 19-4502 Classic Blue as the shade that should drive sales and interest next year.
today
Miscellaneous
Design
Lakme Fashion Week launches Accessory Designer Program for upcoming edition
Lakme Fashion Week has launched an Accessory Designer Program to give a platform to India’s emerging accessory design talent ahead of LFW's upcoming summer/ resort 2020 edition.
today
Accessories
Catwalks
Colombo Fashion Week launches Emerging Designer Program for 2020
Sri Lanka’s Colombo Fashion Week has announced its Emerging Designer Program to search for up-and-coming fashion designers and give them the change to participate in at its upcoming 2020 fashion week.
today
Ready-to-wear
Catwalks
Pooja Vaswani holds “A Tribute to Kashi” exhibition in New Delhi to showcase heritage jewellery crafts
Jewelley designer and gemologist Pooja Vaswani has launched an exhibition titled “A Tribute to Kashi” at The Lalit Hotel in New Delhi to showcase and preserve Banaras’ “Gulabi Meenakari” (pink enamel) jewellery art.
today
Jewellery
Design
Appointments
Balmain’s CEO Massimo Piombini steps down
The CEO of the French luxury label, which is controlled by Qatari sovereign investment fund Mayhoola, has left the company “for personal reasons,” just over two years after joining.
today
Ready-to-wear
Appointments
Future Consumer appoints Rajnikant Sabnavis as CEO, effective from January
Future Group’s fast moving consumer goods business Future Consumer has named Rajnikant Sabnavis as its new chief executive officer, effective from January 1, 2020.
today
Cosmetics
Appointments
Kering: watches and jewellery division CEO leaves, will not be replaced
Albert Bensoussan has left Kering’s watches and jewellery division, which he had led for five years, to pursue a personal project. Following his departure, the post of division CEO has been abolished.
today
Miscellaneous
Appointments
CIBJO congress elects GJEPC chairman Pramod Kumar Agrawal as a vice president
CIBJO, the World Jewellery Confederation, appointed the Gem and Jewellery Export Promotion Council’s chairman Pramod Kumar Agrawal as one of its three vice presidents at its recent congress in Bahrain.
today
Jewellery
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Pantone escolhe o Classic Blue como a cor de 2020
Россия
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У Александра Овечкина появился онлайн-магазин
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Roger Vivier debuts jewellery line
Italia
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Online e nuove tecnologie: quali sfide per il retail nel 2020?
France
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Dominnico, la marque de luxe millennial qui fait craquer les stars de la pop
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