Yoox Net-A-Porter has added a dedicated platform for fine jewellery and watches after determining that many customers “have no hesitation” in purchasing expensive accessories online.
Alibaba has disclosed the first results of Luxury Pavilion, the luxury website within Tmall it launched last August, whose services are expanding via a newly hatched loyalty programme.
Change continues at Louis Vuitton, as the house on Monday announced the appointment of the very well-travelled Francesca Amfitheatrof as its new Artistic Director Watches and Jewellery.
The British fashion house said it has found in Gerry Murphy a “superb candidate” to replace Sir John Pearce, who is stepping down as chairman in July.
Giorgio Armani is celebrating the reopening of its space on London’s Sloane Street, now a combined Giorgio Armani and Armani/Casa boutique, with a private trunk show and party.
Oris has launched a pop-up store on Mayfair’s South Molton Street, marking the first time that the Swiss watch brand has opened a standalone concept in London.
Swiss watchmaker Audemars Piguet is on track to hit 1 billion Swiss francs ($1.04 billion) in global sales this year, the firm’s chief executive said, amid a revival in luxury demand in China driving up watch sales.
Luxury brands are waking up to the importance of e-tail and omnichannel and are increasingly keen to take control of their online experiences.
Swiss jewellery and watch brand De Grisogono plans to cut 41 jobs after sales of its high-end jewellery pieces fell short of expectations.
France's LVMH is fostering projects by entrepreneurs in the luxury goods sector, including a startup working with silkworms on new materials and another whose software might help detect counterfeits.
