Luxury


Hermès Q1 Sales Up 14.7%, Ahead of Forecasts

Chaîne d’ancre, Initiale, Parade, Osmose, Etcaetera from Hermes' silver jewelry collection

Paris—Strong demand for its fashions and luxury leathergoods gave Hermès a strong start. In its first quarter sales report, the … [Read more...]

CHANEL Hosts Annual Tribeca Film Festival Artists Dinner

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CHANEL was pleased to hold their ninth annual dinner in celebration of the 2014 Tribeca Film Festival Artists Program at Balthazar … [Read more...]

Study: Why Millennials are Avoiding Luxury Jewelry Purchases

Getting it right: Hearts on Fire

Stevens, PA—The way many retailers and brands market jewelry, especially fine jewelry, to a new generation of consumers may be … [Read more...]

Barneys Debuts New iPad Integrated Shopping App

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New York—What’s it like to shop inside Barneys New York, only online? It got a whole lot easier today when the luxury retailer … [Read more...]

Week in Review: Not-to-Miss Online Articles

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New York—Speculation (and rumor) like to run rampant especially in the fashion industry. Even though last Tuesday was April 1, … [Read more...]

Prada’s 2013 Profits Edge Up, Missing Estimates

Lupita Nyong’o carries the MiuMiu SS2014 advertising campaign handbag

Milan—Prada SpA today reported its 2013 full year profit rose only 0.3% hindered by a weak European market and currency … [Read more...]

Report: Luxury Watch Sales Trending “Strong” for 2014

BaselWorld Premiere: Rolex GMT-Master II 40 mm in white gold with a 24-hour rotatable red and blue Cerachrom bezel, black dial and Oyster bracelet.

Geneva and Basel, Switzerland—The Mecca for watches, BaselWorld, opened today and is expected to draw more than 100,000 attendees … [Read more...]

Versace Optimistic After 28% Jump in 2013 Profit

Lady Gaga is the latest celebrity to appear in Versace's ad campaign

Milan—Gianni Versace SpA today reported it is well positioned for a strong 2014 coming off a 2013 where net profit rose … [Read more...]

Hermès’ 2013 Profit a Record, But Faces Weakening Yen Ahead

From Hermes' Fall/Winter collection presented last month at Paris Fashion Week

Paris—Hermès International SCA said today its 2013 profit margin hit an record high but the luxurygoods house expects this year’s … [Read more...]

Ferragamo Boasts 28% Jump in 2013 Net

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Milan—Salvatore Ferragamo S.p.A said Tuesday that its 2013 profit jumped 28% and that it was likely its 2014 results will be just … [Read more...]

Mulberry Hires Commercial Director from LVMH

Model Cara Delevingne showed her handbag collaboration with Mulberry last month at London Fashion Week.

Somerset, England—Mulberry, the British luxury leathergoods brand which gave its third profit warning in the past two years in … [Read more...]

Editorial Throwback: How Attainable Luxury is Changing the Market

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The World Wide Web has given way new online culture of fashion addicts who love the finer things in life but don’t … [Read more...]