Cartier Archives - Inside Retail Asia
Parts of the Tiffany business remain firmly out of step with the modern world of luxury retail, writes Neil Saunders.
Asia Pacific accounted for 39 per cent of group sales for Richemont’s half-year to September 30.
Cartier has teamed with Kering Eyewear for its latest eyewear collection.
Richemont Group says it expects an 80 per cent increase in net profit for the six months to the end of September.
Cartier owner Richemont North America has been fined US$334,800 for shipping jewellery to a Hong Kong company blocked by the US Treasury.
Richemont Asia-Pacific sales soared 23 per cent in the five months to the end of August, with China and Hong Kong performing particularly well.
A transformation of Shanghai’s Plaza 66 will redefine luxury retail in China, says owner Hang Lung Properties.
Cartier Malaysia has opened a two-level boutique at Pavilion Kuala Lumpur.
Luxury goods retailer Richemont takes 5 per cent Dufry stake in US$470 million move into duty-free sector.
Richemont results released Friday in Europe showed group sales down 4 per cent, with watches down 15 per cent.
The closures of retail and luxury brand giants on China’s e-commerce platforms indicate that retail competition is no less fierce online than offline.
Innisfree is launching in Indonesia in conjunction with Time International.