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Jewelry

Richemont expects difficult luxury climate to persist in short-term

September 14, 2016

Image courtesy of Cartier Image courtesy of Cartier

 

By Staff reports

Luxury group Richemont’s sales for the first five months of fiscal year 2017 were down 13 percent from the same period last year, yet another example of the challenging luxury market.

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  1. Luxury Unfiltered: How Gen Z is turning the Birkin into Wall Street’s hottest commodity
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  3. The Langham, Lucid Air bring custom house cars to NYC, LA
  4. De Beers Group to discontinue lab-grown diamond business
  5. Fendi funds restoration of Renaissance-era landmark
  6. Porsche cuts ribbon on esports facility in Cologne
  7. ThredUp launches first-ever digital vintage pop-up
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  9. Longines wraps role as official timekeeper of 151st Kentucky Derby
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