luxury goods

Mulberry hopes to bag a winner with new CEO after sales see a fall
World

Mulberry hopes to bag a winner with new CEO after sales see a fall

Luxury giant Mulberry has dispensed with the services of chief executive officer (CEO) Thierry Andretta because of falling sales and…
Cannes Lions: What can we expect from this year’s Festival of Creativity?
Business

Cannes Lions: What can we expect from this year’s Festival of Creativity?

Hit the coast of Cannes this week, and you won’t just see holidaymakers sunning themselves on the golden sands, you’ll…
Europe’s luxury stocks set for growth challenges in 2024
Business

Europe’s luxury stocks set for growth challenges in 2024

Top European luxury stocks have all shown a slowdown in growth in their first-quarter earnings results, although these brands displayed…
Cartier-owner Richemont names new CEO amid luxury slowdown
Business

Cartier-owner Richemont names new CEO amid luxury slowdown

Richemont is set to redefine its CEO position and move Nicolas Bos into the role, effective from 1 June. Bos,…
Decline in luxury spending spells trouble for Burberry’s bottom line
Business

Decline in luxury spending spells trouble for Burberry’s bottom line

Burberry has recorded a 40% slide in its pre-tax profits for the financial year ending on 30 March to £383…
Losses balloon at luxury car maker Aston Martin as SUV sales plunge
Business

Losses balloon at luxury car maker Aston Martin as SUV sales plunge

Shares in Aston Martin plunged by as much as 14% on Wednesday after the struggling luxury carmaker revealed worse than…
LVMH stock falls as consumers rein in spending on luxury goods
Business

LVMH stock falls as consumers rein in spending on luxury goods

The world’s largest luxury group, which is controlled by the family of billionaire Bernard Arnault, said its fashion and leather goods…
Watches and Wonders 2024: How women are driving the luxury watch market
Culture

Watches and Wonders 2024: How women are driving the luxury watch market

In the early 1990s, when Caroline Scheufele was still a young designer at her family’s watchmaking business, she realised Chopard…
It’s complicated: How watchmakers set themselves apart at Watches and Wonders 2024
Culture

It’s complicated: How watchmakers set themselves apart at Watches and Wonders 2024

One of the blockbuster releases at this year’s Watches and Wonders trade show is a pocket watch weighing 980 grams…
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