The international jewelry retailer announced on Friday that it has appointed Rebecca Wooters as its new chief digital officer, as the company doubles down on its online transformation plans in the wake of Covid-19.
The luxury industry will feel the fallout from the coronavirus crisis for the next two years if not longer, Chanel's CFO said on Thursday, adding its 2020 revenues and profit would be significantly hit.
While stores in Bracknell, Brent Cross, Canterbury, Colchester, Kingston, Newcastle, Tunbridge Wells and York will reopen all departments, shopping at the Bond Street flagship will look very different post-lockdown.
Pentagram was tasked with creating a new “timeless” logo to appear on the store front, packaging and website. The new design retains the brand's purple, but the gold has been refined to enhance the new typeface.
The jewelry retailer reported a 40.5% decline in sales in the first quarter on Tuesday and announced that it is planning to shutter 380 stores in line with a strategy to pivot towards a more digitally focused model.
Philipp Plein has announced plans to donate 220,000 euros to the Gianna Floyd Foundation, in an attempt to end a copyright infringement suit with Ferrari, stemming from a copyright case from August 2019.
Criticism is brewing in the UK media over big foreign firms, including Chanel, accessing state-backed UK loans. But the company said it would be repaid within a year and also that it hasn't used the furlough scheme.
With rumors mounting that Bernard Arnault may be attempting to renegotiate a lower deal price for LVMH’s acquisition of Tiffany, the luxury group said Thursday it will not buy any shares in the jeweler on the market.
NYC's prince of jewelry, HRH Prince Dimitri of Yugoslavia, will release Once Upon a Diamond: A Family Tradition of Royal Jewels, a book of memoirs on his family's collections and his own designs, in September.
Kering, one of the largest luxury groups on the planet, has made financial commitment to fight racism, with contributions to the NAACP and to Campaign Zero – following eight days of protests in multiple American cities.