Jewellery is a booming, sought-after sector, as shown by LVMH’s recent bid for Tiffany & Co. FashionNetwork looks into the advantages and potential of an industry still little-known and underexploited by luxury groups.
Rinaldi became co-chief operating officer of the luxury retail group alongside Manju Malhotra in 2017. Malhotra will remain in her role, working alongside the management board to ensure the group continues to thrive.
It is hard to imagine a more venerable luxury brand than Cartier, which has a reputation for artisanal excellence second to none. Yet, the majority of its audience is that lodestone of modern marketing, millennials.
Kimaï, an ethical lab-grown diamonds and recycled gold jeweller, said on Tuesday that it has secured $1.2m in seed funding from a round led by London-based Talis Capital with Rebecca Minkoff also investing.
The fragile retail sector in the UK, and especially in central London, is continuing to get support from spending by international shoppers and American and Russian consumers are prominent among those, Global Blue said.
The jewelry retailer announced on Monday that its SVP and chief merchandising officer, Pamela Cloud, will be stepping down from her position, and also revealed that it is creating the new role of chief brand officer.
The Parisian jeweler has reopened its boutique in the Windy City after a six-month renovation, the latest in a string of refurbishments undertaken by the brand as it updates its physical retail strategy.
The Morellato group, a European leader in the production and distribution of jewellery and watches, has announced the acquisition of French chain Cleor, one of the country's leading jewellery retailers.