Revenues at Italian luxury group Salvatore Ferragamo beat market forecasts in the first quarter despite a decline in retail sales in China, and the group said it expected to double sales in the medium term.
Mehul Choksi has been issued with a fresh criminal case by the Central Bureau of Investigation for allegedly defrauding the Industrial Finance Corporation of India through his jewellery business Gitanjali Gems.
Swiss accessories brand Victorinox has opened its first exclusive brand outlet in South Mumbai’s Palladium Shopping Mall to house its selection of watches, perfume, Swiss Army Knives, and travel goods.
The Italian group specialised in down jackets plans to further segment its markets, diversify into footwear, boost its online sales and broaden its retail footprint by opening over 150 new stores by 2024.
Not many luxury executives have had as long and momentous reign as Bruno Pavlovsky, the president of Chanel’s fashion division. We sat down for or coffee and conversation pre cruise show in Monaco on Thursday morning,
Diamond tycoon Nirav Modi’s appeal against the UK High Court ruling to extradite him to India to stand trial for fraud will continue with a hearing on June 28 as Modi cites mental health as grounds to remain in the UK.