Michael Kors may be shifting its focus away from the Americas and onto Asia, where it and new acquisition Jimmy Choo are both growing.
Companies like Kering and LVMH are still waiting for specifics on implementation, but they have to comply with new rules, with or without them.
A new Moody’s analysis foresees median growth for luxury operators, but at a slower rate than previous boon times.
Founder Cormac Kinney has been cited in more than 1,500 patents and has raised about $500 million in capital for various companies in his 25-year career.
Retail and luxury stocks were mostly down.
In the hours before Piaget’s unveiling of its new Polo S watch style, news of the Bastille Day atrocities in Nice were boiling on social media – but the show went on nonetheless.
The Richemont-owned Swiss watch brand has named actor Ryan Reynolds as international brand ambassador.
Bailly joins from Richemont, where he was the director of supply chain and procurement since 2004.
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