Delvaux was acquired by Richemont in summer 2021. Image credit: Richemont
Luxury Daily’s live news for July 15:
Richemont posts double-digit growth led by US sales
Luxury conglomerate Richemont has reported its net cash position for the quarter ending June 30, 2022 was $5.4 billion, a 20 percent increase compared to the same period in 2021.
Louis Vuitton opening first menswear store in California
French fashion house Louis Vuitton is opening the brand’s first standalone menswear retail store in California — on Rodeo Drive in Beverly Hills.
Burberry remains confident despite restrictions in China
British fashion house Burberry has released its first quarter trading update, for the period ending July 2, 2022, posting decent growth despite regional obstacles.
Bentley celebrates 20 years in China with special collection
British automaker Bentley Motors has created a unique collection of new vehicles to celebrate the 20th anniversary of its presence in China.