A year after opening, the Fontainebleau’s luxury retail offerings are taking shape in Las Vegas. Alaïa, Bottega Veneta, Gucci and Boucheron are the latest stores to bow at the hotel and casino property, which officially opened its doors Dec. 13, 2023, with a splashy party attended by Cher, Anitta, Kim Kardashian, Eva Longoria, Sylvester Stallone, … Read more
PARIS – Continuing its expansion into hospitality and experiences, LVMH Moët Hennessy Louis Vuitton has invested in Les Domaines de Fontenille, the French boutique hotel group co-founded by a former fashion executive. The French luxury conglomerate has made a minority investment in the company alongside Anaïs Ventures, the investment fund led by Julien Firmenich, a … Read more
European luxury brands may have painted themselves into a corner by dramatically raising prices in recent years, spooking aspirational customers — and testing the resolve of devoted clients. “In a sobered-up demand environment, price increases — and higher gross margins — are a concern for all clients. For those who have been priced out for … Read more
PARIS — Nearly 40 years to the day after it was inaugurated, the Fondation Cartier pour l’art Contemporain offered a glimpse at its future home on Place du Palais-Royal, designed by architect Jean Nouvel. Sitting opposite the Louvre museum, the future home of the contemporary art institution will occupy more than 90,000 square feet on … Read more
LONDON — Cartier is slowly gearing up to take over London, but for now, it’s starting with a pop-up at Selfridges. The Richemont-owned brand has taken up space in the Accessories Hall of the luxury department store until Nov. 3 to showcase its stylish selection of leather goods, eyewear and silk scarves. Cartier’s Panthère de … Read more
PARIS — Aura Blockchain Consortium has crossed the 50 million mark, hitting a milestone with that many luxury products now registered with the technology. The Switzerland-based group now encompasses 50 members, from the founding five in 2022 which included LVMH Moët Hennessy Louis Vuitton, Diesel parent company OTB Group, Prada Group, Richemont’s Cartier and Mercedes-Benz. The … Read more
With Taylor Swift’s friendship bracelets becoming popular at the onset of her “The Eras Tour,” luxury brands are quick to jump on the accessory’s rising popularity by making their own luxury versions. Fashion powerhouses like Dior and Cartier have joined the trend to release their take on luxury friendship bracelets–an indication of Swift’s popularity seeping … Read more
LONDON – Louis Ferla, currently head of Vacheron Constantin, will take over from Cyrille Vigneron as chief executive officer of Cartier, effective Sept. 1. Vigneron, 63, is retiring after eight years at the helm of Richemont’s biggest brand, and will assume the position of chairman of Cartier Culture and Philanthropy. He’ll also work with Ferla on the … Read more
LONDON — Despite slowing sales growth, Richemont is weathering luxury’s challenges better than some of its peers, with chairman Johann Rupert focusing on the long-term management of the business and looking forward to an eventual rebound in consumer confidence, especially in China. “The Chinese will return — I have full confidence. There’s nothing wrong with … Read more
LONDON – Slowing demand for luxury goods hampered Compagnie Financière’s Richemont’s growth in the fiscal fourth quarter and full year. In the fourth quarter, the watches and jewelry giant posted a 1 percent decline in sales at actual rates, and a 3 percent rise in full-year sales to 20.62 billion euros. At constant exchange, fourth-quarter sales … Read more
![Suspects In New Orleans, Las Vegas Truck Attacks Reportedly Served On The Same Army Base [Update]](https://i.kinja-img.com/image/upload/c_fill,h_675,pg_1,q_80,w_1200/746543a4e65ece02e4250617891aecdf.jpg "Suspects In New Orleans, Las Vegas Truck Attacks Reportedly Served On The Same Army Base [Update]")
