As early as February 2022, Pinault had acquired a minority stake in Jacquesson through Artémis Domaines. After the completion of this transaction, Pinault became the sole shareholder of the brand.
It is the first exhibition in the annual calendar of the watch industry and intends to highlight the vitality of LVMH’s watchmaking brands and the entire watchmaking industry.
The eye make-up category will achieve the fastest CAGR during 2021-2026, followed by the lip make-up category.
Retail-hungry Filipino residents, freed from pandemic restrictions, are splurging on fashion.
Overall, occupancy was down 21% year-over-year, but the World Cup positively impacted the local hotel industry. Average daily rates (ADRs) and revenue per available room (RevPAR) soared by 332% and 243%, respectively.
The next WRC will be held in Barcelona from April 25th to 27th, 2023, with the theme of “Retail Leadership in Extraordinary Times.”
In 2022, Luxe.CO’s Personnel Trends column recorded a total of 24 key changes in the top leadership of luxury companies.
The data unexpectedly marked the largest drop in eight months since March 2022 (-13.8%), mainly due to the pandemic’s impact and the global economy’s slowdown.
Zurich-based holding company DKSH has announced the sale of its 25% stake in Bovet Fleurier SA, a Swiss watchmaking brand, to Mr. Pascal Raffy and his family.
The 1st issue of 2023 “Luxe.co China Investment Weekly” included 3 domestic investment and financing news from December 24, 2022 to January 6, 2023.
