Luxury
The latest news
Luxury goods retailers turn to social media for distribution
The pandemic has forced luxury goods companies to use social media, video and virtual showrooms to woo their wealthy customers in Europe when tourists, especially from China, have been absent for more than a year.
Luxury
Farfetch campaign addresses the new normal, stars its boutique community
Farfetch has unveiled a major new global brand campaign called The Perfect Match. Linked to its #onlyonfarfetch theme, it comes as it continues to stress that a “commitment to the boutique community” is “at its heart”.
Luxury
Celine: Youthquake in Chateau de Vaux-Le-Vicomte
Youth’s brief and beautiful splendor was the theme of the latest collection and show by Hedi Slimane for Celine, staged in a 17th-century chateau famed for the brief glory of its unlucky owner.
Luxury
Amiri: Fall/Winter 2021 on LA’s most loved bridge
One designer gathering momentum in spite of the pandemic is Mike Amiri, who on Wednesday unveiled his latest collection, shot on one of the most cinematic bridges on the planet.
Luxury
Videos become compulsory stop in luxury consumer journey
Luxury consumers seek out more information than ever online before making a purchase, relying especially on YouTube videos and giving particular importance to brand image, according to a study from Google and Kantar.
Fashion
Kering lays down more roots in Italy with logistics platform in Trecate
With its new logistics centre in Trecate, west of Milan, luxury group Kering is continuing to invest in Italy where it currently counts 44 sites including factories, laboratories, and offices.
Luxury
Hugo Boss adds to webstore total as it targets €300m in web sales this year
Hugo Boss is diving further into online with a major expansion of its webstore offer. The company has gone online in 12 additional markets.
Luxury
Government announces it is set to introduce mandatory gold hallmarking on June 1
The government announced on April 13 that it is all set to implement mandatory hallmarking on gold jewellery and artefacts from June 1 following a number of previous delays.
Luxury
William Penn opens new store in Delhi Airport
Multi-brand accessories business William Penn has opened a new store in the domestic departure terminal (T2) of Delhi Airport with a selection of bags, leather goods, and writing instruments.
Fashion
Timex India signs licensing deal with Benetton for watches
Timex India has entered into a licensing agreement with apparel brand Benetton India for the design, manufacture and distribution of Benetton watches in the Indian market.
Luxury
Kalyan Jewellers to offer Rs 100 crore worth discounts in Tamil Nadu
Leading jewellery firm Kalyan Jewellers has announced offers and discounts worth Rs 100 crore ($13.3 million) as part of its Puthandu celebrations in the state of Tamil Nadu.
Luxury
Creative director Paul Andrew leaves Salvatore Ferragamo
British designer Paul Andrew, head of all collections at Florentine luxury brand Salvatore Ferragamo since 2019, will leave his role at the business in May. The brand’s in-house team will take over his responsibilities.
Luxury
Dior in Shanghai: See-now-buy-now pre-fall 2021 boogie night on the Bund
Just as more and more brands opt for being super digital, Christian Dior is keeping it very real; and live, as it did Monday night, when it unveiled its pre-fall 2021 collection to an audience of 1,000 in Shanghai.
Luxury
Stellar Vuitton growth powers LVMH sales in first quarter
Surging sales at Louis Vuitton and Dior helped French luxury giant LVMH make a very strong start to 2021, with overall revenues returning to growth in the first quarter despite new coronavirus lockdowns in Europe.
Luxury
India’s gems, jewellery exports dip 26 percent in FY21: GJEPC
India’s gems and jewellery exports witnessed a 26 percent decline during the financial year 2020-21 to Rs 1,85,952 crore ($24.8 billion), as compared to the previous financial year’s Rs 2,50,319 crore.
Luxury
Nykaa Fashion strengthens brand portfolio with Pipa Bella acquisition
Nykaa Fashion, a multi-brand fashion e-commerce platform, has strengthened its brand portfolio with the acquisition of online jewellery brand Pipa Bella.
Luxury