Just short of a year after his appointment as the crystal maker’s CEO, Robert Buchbauer has reaffirmed the 126-year old company’s dedication to sustainability with the announcement of six new key commitments.
Sales at Kering rose by 26% in the first quarter of 2021, led by a strong rebound for its star label Gucci, with growth in Asia and the United States more than offsetting new coronavirus lockdowns in much of Europe.
With European populations slowly but surely being vaccinated, designers on the Continent are suddenly expressing a new optimism. Few more so than Demna Gvasalia of Balenciaga in Balenciaga's winter 2021 pre-collection.
During its annual general meeting, the French luxury giant highlighted its "remarkable resilience" during the pandemic and claimed to be well-positioned for strong growth in 2021, thanks particularly to Tiffany & Co..
The pandemic has forced luxury goods companies to use social media, video and virtual showrooms to woo their wealthy customers in Europe when tourists, especially from China, have been absent for more than a year.
Surging sales at Louis Vuitton and Dior helped French luxury giant LVMH make a very strong start to 2021, with overall revenues returning to growth in the first quarter despite new coronavirus lockdowns in Europe.
The international jewelry retailer announced on Monday that it has raised its financial guidance for the current first quarter and full fiscal year, citing stronger than expected conversion and average ticket values.
At the conference staged on Thursday by Business France, the NellyRodi agency mapped out the new global consumption patterns, identifying 10 trends that correspond to 10 winning internationalisation practices.