Tiffany & Co.’s plunging shares are bringing a takeover of the $11 billion luxury jewellery chain back into the realm of possibilities.
Both the Savigny Luxury Index and the MSCI World Index suffered from profit-taking in the first half of December.
BoF compiles the most important professional moves of the week.
Hermès reported third-quarter sales that beat analysts’ estimates on strong demand for leather goods in Asia and the Americas.
Today, British footwear label Nicholas Kirkwood opens its first own-brand presence in China, in partnership with Beijing department store Shin Kong Place. BoF sat down with the designer and CEO Christopher Suarez to find out how this new ‘jewel in the crown’ fits into a global retail strategy propelled by investment from LVMH.
The Savigny Luxury Index turned around in mid October as confidence in the US economy returned and the US Federal Reserve ended quantitative easing.
The China Edit is a weekly curation of the most important fashion business news and analysis from and about the world’s largest luxury market.
The wing-like carapace of Frank Gehry’s building for the Louis Vuitton Foundation blows fresh air through the luxury goods house.