The Harvey Weinstein scandal is hitting the business of British designer Georgina Chapman with her and Keren Craig’s Marchesa label seeing plans for a licensed jewellery line being dropped by the licensee.
Iconic luxury handbag maker Coach Inc risked Wall Street and social media ire on Wednesday by announcing a change of its corporate name to Tapestry Inc, as it evolves into a multi-brand upscale retailer.
Founded in 2011 as an affordable beauty brand, Baublebar has now expanded its offering to include fine jewelry. The new collection will introduce 18-karat-gold jewelry pieces, retailing for under $100.
LVMH, the world’s biggest luxury goods company, on Tuesday said the months ahead might be bumpier after producing stronger than expected sales growth in the third quarter which sent its shares towards record highs.
Silicon Valley-based Ada Diamonds opened the first lab-made diamond showroom in downtown San Francisco, signifying the market's departure from mined stones to the consumer preference for ethical and sustainable luxury.