richemont

Richemont Has No Plan to Invest in Luxury Brand Farfetch

Richemont Has No Plan to Invest in Luxury Brand Farfetch
Richemont Has No Plan to Invest in Luxury Brand Farfetch
November 29, 2023  |  Retail

Cartier owner Richemont reportedly has no intention of investing in luxury retailer Farfetch. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

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Aspirational Shoppers Are Driving Luxury Scent Investments
Aspirational Shoppers Are Driving Luxury Scent Investments
September 07, 2023  |  Retail

The global perfume market is expected to grow to $69.25 billion by 2030. This promising trend has piqued Richemont’s interest, leading the company to invest...

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Richemont Confirms China’s Diminishing Role in Luxury Retail 
Richemont Confirms China’s Diminishing Role in Luxury Retail 
July 18, 2023  |  Retail

China, once hailed as the savior of the luxury sector, is no longer providing the same support as before, at least for now. The industry...

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Burberry and Richemont Look to Reopened China After 25% Sales Drop
Burberry and Richemont Look to Reopened China After 25% Sales Drop
January 18, 2023  |  Retail

After a COVID-inspired sales drop, luxury brands Burberry and Richemont see hope in China’s reopening. Get the Full Story Complete the form to unlock this...

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Luxury Retailers Defy Slump, as Full-Price Sales Reflect Pent-Up Demand
Luxury Retailers Defy Slump, as Full-Price Sales Reflect Pent-Up Demand
January 20, 2022  |  Retail

It may be Men’s Fashion Week in Paris right now, but for the rest of the retail world, it’s looking a lot more like luxury...

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Luxury Brands Louis Vuitton, Prada, Cartier Team to Track Provenance on a Blockchain
Luxury Brands Louis Vuitton, Prada, Cartier Team to Track Provenance on a Blockchain
January 13, 2022  |  Retail

If you’ve ever shopped in midtown Manhattan, you know that you can buy a Louis Vuitton bag for $2,000 in Neiman Marcus or $20 from...

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Marketplaces, Direct-to-Consumer Power Future of Digital Luxury Sales
Marketplaces, Direct-to-Consumer Power Future of Digital Luxury Sales
November 15, 2021  |  Retail

For decades, luxury brands could only be found in luxury department stores, sold by retailers rather than the labels themselves. But with the growth of...

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Yoox Net-a-Porter Wooed With $3.3B Offer
Yoox Net-a-Porter Wooed With $3.3B Offer
January 22, 2018  |  Retail

The largest shareholder in Italian online fashion retailer Yoox Net-a-Porter Group (YNAP) has put out an offer to buy the shares in the company that...

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Vacheron Constantin Selling Limited Edition Watch Online Only
Vacheron Constantin Selling Limited Edition Watch Online Only
February 13, 2017  |  Retail

Shopping for a Vacheron Constantin luxury watch just got easier. Now, all you need is $45,000 and an internet connection. The company announced that it...

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