Diane Kruger and Jérôme Lambert , CEO of Jaeger-LeCoultre, officially presented last week the new Reverso Ultra Thin Lady: a feminine expression of the emblematic watch that was created to celebrate Reverso's 80th anniversary.
Bernard Arnault, chief executive of the world's No.1 luxury group, LVMH, said he was not seeking control of luxury peer Hermes, in which his group owns more than 20 percent, but was a friendly shareholder.
Luxury watchmakers are increasingly turning to online social network sites and forums to promote their products and satisfy a growing appetite for information about luxury timepieces, particularly in China.
Luxury shoemaker Tod's will fund the restoration of Rome's Colosseum with a 25 million euro ($34 million) sponsorship campaign, the biggest to rescue Italy's crumbling archaeological treasures with private money.
British luxury group Mulberry raised profit forecasts for a second time in six weeks on Friday, joining the ranks of upmarket retailers reporting a strong Christmas helped by demand from tourists and Asia.
Miuccia Prada has already won plaudits for her spring/summer 2011 collection -- simply-cut dresses and suits in a quirky mix of stripes and solids, with bold splashes of orange, violet and electric blue.
Jewellers and watchmakers Cartier and Montblanc are preparing for further price increases in 2011 to reflect rising precious metals prices and currency fluctuations, the heads of the two groups said on Tuesday.
The world's biggest watchmaker Swatch on Wednesday posted record sales of 6.4 billion francs (6.6 billion dollars, 4.95 billion euros) for 2010, and issued a "positive" outlook for this year.The results were up 18.