Christian Dior achieves 3% organic revenue growth in the first quarter
The Christian Dior group recorded revenue of €20.7 billion in the first quarter of 2024. Organic revenue growth came to 3%. Christian Dior had...
Gucci vs LV vs Dior: Which brand topped China’s Q1 digital rankings?
In a dazzling display of digital engagement, Louis Vuitton clinched top spot in Re-Hub’s Compass Index for luxury brands (luxury fashion and leather goods...
Why Outlet Malls Are Emerging As A Hotspot For Luxury Brands
Luxury brands have a love-hate relationship with outlet stores and malls. Some eschew them entirely, such as Louis Vuitton, Hermès and Chanel. Others keep...
LVMH fashion division sales up 2% in Q1 as luxury growth cools
A luxury slowdown and uncertainty in markets like China and the watches and jewellery category isn’t deterring LVMH from moving full-speed ahead toward a...
Lunn’s Unveils Rolex Certified Pre-Owned Programme in Northern Ireland
Luxury jeweller Lunn’s has extended its horological offering and joined the Rolex Certified Pre-Owned programme. The new programme makes it possible to purchase pre-owned...
Mercedes-Benz Trucks Eyes Long-term Development in China
Mercedes-Benz Trucks is in China for the long run, said a senior company executive at the ongoing China International Import Expo on Monday. “Be...
Battle of the Brands: Rolex Trolls Omega With Building Acquisition
A Rolex subsidiary bought a building, which houses rival Omega’s flagship boutique, on Geneva’s priciest shopping street in the latest battle between top Swiss watch brands for prime real...
LVMH, Gucci to Expand in India With New Outlets in Reliance’s Luxury Mall
MUMBAI, Sept 15 (Reuters) – Gucci, Cartier and Louis Vuitton are among brands to sign leases for stores in Indian tycoon Mukesh Ambani’s new...
Rolex to Buy Swiss Luxury Retailer Bucherer
Bucherer has more than 100 stores worldwide and will continue to operate independently, keep its name, and sell other watch brands, Rolex said in...
The ‘aspirational’ Luxury Shopper is Suffering, but Don’t Expect Any Deals
Most retailers will do almost anything to encourage customers to come back and buy more products, especially when those shoppers begin to tighten their purse...