Cartier maker Richemont on Monday named group veteran Jerome Lambert as chief executive officer, as the luxury goods group posted a 10 percent gain in the five months to Aug. 31 on strong Asia revenues.
Swiss competition authority WEKO said on Tuesday it has declined to open a formal investigation into watchmakers including Swatch, LVMH and Richemont over the supply of spare parts for independent watch repair shops.
One of the abiding mysteries in luxury is the far greater ability of Paris brands to outperform their venerable, respected and often very classy London rivals. Dunhill may be about to become a significant exception.
Just when you thought you were going to drown in a sea of fawning bloggers, hyper indulgent technique, and conservative homages to fashion houses’ DNA, along came Karl Lagerfeld and Silvia Fendi to make us finally dream.