richemont

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. The country last week lifted some of its pandemic restrictions,...

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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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Chinese Shoppers Spending More Money … In China
Chinese Shoppers Spending More Money … In China
December 05, 2016  |  International

The wealthy shoppers of China are returning home — to spend, that is. As noted by Reuters, the more affluent Chinese consumers are spending their wages...

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