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RICHEMONT LUXURY BRAND
Fashion to Furnace: Some luxury gold watches fail the test of timeLuxury watches like Omega Constellation are being melted for gold. High gold prices make metal value exceed resale worth. This impacts used...- India's luxury promise hits a wall, not enough malls to shop inIndia's wealthy are eager for luxury brands like Louis Vuitton and Chanel. However, a critical lack of prime retail locations is slowing th...
- West Asia conflict hits luxury brands; Richemont, Zegna exposedWest Asia crisis deepens luxury slowdown as Richemont and Zegna face risks. Israel-US strikes on Iran shut airspace and key hubs like Dubai...
- How vulnerable are luxury brands to the Middle East conflict?Israeli and US attacks on Iran and Tehran's response forced the closure of airspace across parts of the Middle East and shut key airports...
- European shares muted as luxury firms fallThe pan-European STOXX 600 held firm at 509.9 points as of 0817 GMT, with healthcare leading subsector gains with a 1.1% rise, while basic ...
- Farfetch to be acquired by Coupang for $500 millionFarfetch, which is based in London, was once feted as the most dominant force in luxury fashion. It went public on the New York Stock Excha...
- Reliance attracts luxury brands from Gucci to Louis Vuitton to its space amid India's economic boomLuxury brands such as Gucci, Cartier, and Louis Vuitton have signed leases for stores in Mukesh Ambani's new Mumbai mall, taking advantage ...
- Elevated yields keep European shares under pressure, luxury stocks shineThe pan-European STOXX 600 index skidded 0.1% by 0812 GMT after hitting a one-week low in the previous session.
- No more fake copies: Luxury brands to use blockchain that will allow consumers to verify productsA blockchain is in essence a ledger that is shared publicly.
- Breitling appoints Georges Kern as its new CEOBreitling stated as CEO and in this context shareholder of Breitling, Georges Kern‘s mission will be to foster the global development of th...
- Luxe on click: $45,000 Cornes de Vache watches to be sold onlineFor the first time, luxury timepiece-maker Vacheron Constantin is planning to sell limited editions of 1955 timepieces through a website.
- Titan, Gitanjali Gem, PC Jewellers feature in top 100 luxury goods brandsThe report said the world’s 100 largest luxury goods companies generated sales of $222 billion in financial year 2014, 3.6% higher year-on-...
- Luxury giant Richemont says net profit up 3.0% despite slowing China salesSwiss-based luxury giant Richemont on Thursday said its net profit rose by 3.0 per cent in its financial 2013-2014 despite falling sales.
- Montblanc inks joint venture with TitanMontblanc plans to enhance the luxury experience to customers in India where it first opened its boutique at Delhi's Maurya hotel in the ni...
- Richemont group to enter Indian luxury retail marketThe entry could be a boost for the country's luxury retail sector, which represents a tiny fraction of global luxury brands' sales.
- Luxury watch brand Jaeger-LeCoultre applies for single brand retailJaeger-LeCoultre watches are mostly priced in the US from Rs 530,000 to as high as about Rs 30 lakh for its 2013 collections.
- Single brand retail: Richemont plans to invest $25 millionRichemont, Head of Tax Anne Guimond along with Switzerland Ambassador Linus von Castelmur met Anand Sharma today to discuss the matter.
- Rising luxury business spurs demand for niche coursesWith luxury companies setting up base in India, there is a growing demand for managers armed with specialized management degrees in luxury.
- Montblanc: Watch gets mightier than pen as company shifts focus"In the next five years or so, watches have the chance to become bigger than writing instruments," CEO Lutz Bethge said in an interview.
- Cartier to set up boutique in Delhi soonCartier, an iconic French luxury watch and jewellery brand, will soon set up shop in India to cash in on the growing affluence.
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