In May, Johann Rupert said he wanted to compensate shareholders after slashing last year’s dividend, and thank them for sticking with the company through COVID-19, and beyond.
The Italian eyewear company posted a loss and a 32.3 percent drop in revenues in the first six months of the year, impacted by the lockdown in April and May.
The action was taken to strongly position the company in the post-COVID-19 environment.
Thélios will begin to develop, manufacture and distribute sustainable eyewear collections starting from her spring 2021 collection.
The luxury accessories line looks to grow its international presence in regions that have bounced back from lockdown.
Taking their cue from companies such as De Beers, Richemont and Chanel, top diamond cutters and polishers have committed to shrinking their own carbon footprint, and becoming more sustainable businesses in the medium term.
An annual show for watches, jewelry and gemstones will be held in April in Basel, Switzerland.
The eyewear brand is also donating $200,000 to support the COVID-19 Solidarity Response Fund for the WHO.
Handcrafted pieces include bracelets, cuffs, earrings and belts featuring semiprecious stones, hand-chosen leather and needlework.
With most events, weddings and parties canceled this summer, consumers are not shelling out for fashionable shoes like they have in years past, according to a study.
The Swiss jewelry and watch firm’s upcoming flagship will replace its Madison Avenue flagship.
The Italian company is revisiting its production cycle and product offer, while accelerating its digital initiatives.
Chaumet drew on architecture, Boucheron sought to capture the lightness of air and Cartier borrowed patterns in the natural world.
A host of artists bring the G-Timeless watch to life, each using their own visual language.
Now more than ever, consumers are searching for high-quality products that embody craftsmanship, provide utility and that they are built to last.
Calvin Klein plans to bring in-house footwear collections in Europe and Asia.
Yuyuan’s China JV with the Italian jeweler aims to open more than 10 Damiani flagships and around 100 Salvini stores in the next five years.
The model and actress channeled female style icons for her capsule with Privé Revaux.
The assortment uses Stern’s quirky collective of insects and animals throughout in cheeky and whimsical ways.
Nicholas Knightly has been Vuitton’s creative director of leather goods since 2004.
Rami Malek, Troye Sivan, Willow Smith, Maisie Williams and Jackson Wang feature in a film for the July 1 launch — first in China.
While March’s Vision Expo East was canceled due to COVID-19, the West edition in September is a go.