Tom Athron has been appointed as new chief operating officer, and Lea Cranfield will take up the role of commercial director. Kim Hartlev will become new chief technology officer at the luxury company.
The luxury accessories brand Montblanc has seen sales in smaller Indian towns grow through its joint venture with the Indian watch brand Titan and has named India as its fastest growing global market.
Burberry seems to be on track with its transformation plan with sales and profits not suffering as it enters a period of fast change. But tough comparisons and regional variations also had an impact on its latest year.
The Global Brand Counterfeiting Report 2018 was published on Monday, revealing a growing problem in the luxury industry, where online sales of fake goods accounted for 31% of total counterfeiting-related losses in 2017.
Luxury concept store The Shop at Bluebird has opened its much-anticipated new flagship location with a debut on London’s Floral Street, just down the road from the street’s most famous tenant, Paul Smith.
Giambattista Valli has opened a London flagship on Sloane Street as the key shopping thoroughfare’s profile moves even further upmarket with a raft of recent openings adding to its ultra-luxury appeal.
Q1 wasn't an undiluted triumph for Yoox Net-A-Porter as the off-price business proved a little slow. But full-price Net-A-Porter and designer e-stores powered ahead, even though exchange rates had a negative effect.
Barneys New York is bringing The Drop, its two-day 90-brand immersive shopping experience, to its Beverly Hills flagship. The first LA Drop will debut 20 exclusive capsules, and feature designer appearances.
Burberry has announced a “strategic investment” in leathergoods as it moves from a mainly apparel focus to grow its accessories business, buying a luxury leathergoods firm from longstanding Italian partner CF&P.