France accounts for over one quarter of the total sales of the top 100 luxury corporations worldwide according to Deloitte’s 2019 report, with 9 groups listed and LVMH, L'Oréal, Kering and Chanel in the top 10.
The late German designer's namesake brand has announced the appointment of Nicolette Veendorp as its new sales director, a role to which she brings years of experience gained at luxury group Richemont.
Hanneli Rupert, daughter of Johann Rupert, chairman of Cartier and Richemont, has emerged as a countercurrent voice defending the use of exotic leather while the rest of the industry has been moving away from it.
Richemont’s former CEO is the first guest of the FashionNetwork.com/Luxurynsight podcast series, in a striking interview with Godfrey Deeny on the meaning of luxury and on de Quercize's vision of the industry.
The luxury group is bolstering its digital resources, by taking direct control of its labels’ e-tail operations, until now managed by YNAP, and joining forces with Apple to improve the customer experience.