Compagnie Financière Richemont SA

Cartier Fifth Avenue

Financial

Richemont’s Q1 Sales Jumped 22% Ahead of 2019

The gains were driven by brisk business in the Americas — up 47 percent versus 2019 — and Asia Pacific.

clock July 16, 2021Miles Socha

Ballon Bleu de Cartier's watch, 18-karat rose gold, 40 mm. Cartier Love 18-karat rose gold bracelet. Gucci wool suit. Firetip drink

Innovation

Circularity Is the Way Forward, Says Richemont in Sustainability Paper

Richemont wants its brands and retailers to close the loop on sourcing, and sales, with the ultimate aim of achieving carbon neutrality. 

clock July 14, 2021Samantha Conti

Lindberg

Eyewear

Kering Eyewear Takes Control of Luxury Lindberg Brand

The Danish Lindberg brand will continue to remain independent, leveraging Kering Eyewear’s organization to further grow globally.

clock July 8, 2021Luisa Zargani

Mr Porter will offer used watches

Watches

Net-a-porter, Mr Porter Team Up With Watchfinder for Used Timepieces

Services on Mr Porter include the possibility of trading in used timepieces for credit.

clock July 7, 2021Mimosa Spencer

Delvaux store on Sloane Street

Handbags

Richemont Grows Leather Goods With Delvaux Purchase

Richemont acquired the Belgian brand Delvaux from First Heritage Brands, a vehicle of Hong Kong billionaire brothers Victor and William Fung.

clock June 30, 2021Miles Socha

Delvaux Diva Brilliant

Mergers and Acquisitions

BREAKING: Richemont Is Acquiring Delvaux

The luxury group said it would leverage its digital capabilities, to develop Delvaux’s omnichannel opportunities.

clock June 30, 2021Miles Socha

Dior RTW Spring 2018

Legal

Italian Counterfeit Ruling Protects Dior Book Tote and Stripe

Ruling in a counterfeiting case, an Italian court has recognized Dior’s exclusive right to the Book Tote bag and its signature stripe.

clock June 28, 2021Joelle Diderich

Daniela Ott

Technology

Collaboration Is Key for Luxury Blockchain Consortium

Daniela Ott, general secretary of the Aura Blockchain Consortium, says technology is bringing brands and consumers closer together.

clock June 25, 2021Miles Socha

The weekender from the Serapian x Space Invaders capsule collection.

Fashion Scoops

Serapian Debuts ‘Space Invaders’ Capsule Collection in Nod to Japan

The capsule collection will hit stores in November.

clock June 17, 2021Martino Carrera

Alain Bernard of Abbey Road Advisory.

Business Features

Richemont North America CEO Departs to Start Consulting Firm

Alain Bernard has stepped down as Richemont’s CEO for North America to start a purpose-driven consulting agency, Abbey Road Advisory.

clock June 16, 2021Misty White Sidell

Daniela Ott

Technology

Aura Blockchain Consortium Appoints General Secretary

Industry veteran Daniela Ott has worked in luxury hotels, at Kering, and ran her own consultancy.

clock June 15, 2021Miles Socha

Vacheron Constantin N.Y. store

Watches

Vacheron Constantin to Open Its Biggest Global Store in Manhattan Flagship

Vacheron Constantin is opening a 4,500-square-foot flagship on 57th Street in New York.

clock June 14, 2021Mimosa Spencer

Jaeger-LeCoultre's 1931 Café.

Watches

Jaeger-LeCoultre to Open Temporary Café in Shanghai, Then Paris

The Swiss watchmaker is opening a temporary café with Art Deco references in Shanghai to mark the Reverso timepiece.

clock June 11, 2021Mimosa Spencer

AZ Factory fashions

Designer and Luxury

The Late Alber Elbaz Will Be Celebrated During Paris Fashion Week

His fashion start-up AZ Factory is also releasing handbags and leisurewear, product ranges finalized by the designer before his passing.

clock June 4, 2021Miles Socha

Cartier

Financial

Q4 Jump Lifts Richemont Sales; Full-year Profit Up 38 Percent

The company said it has seen a “strong start” to the new fiscal year as Johann Rupert paid tribute to Alber Elbaz, who died in April.

clock May 21, 2021Samantha Conti

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Victoria's Secret store

Business

Victoria's Secret Settles Sexual Harassment Claims Days Before…

clock July 30, 2021Kellie Ell

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