Two historic names in the watch industry have now become partners. Iconic Swiss watchmaking brand, Rolex, has acquired Bucherer, one of the world’s largest watch retailers. In a statement, Rolex said Bucherer will keep its name and continue to operate as an independent company. Rolex said it made the decision to buy the retailer after […]
Luxury fashion retailer, Net-A-Porter’s, ‘lifestyle’ category, which includes elevated wearable pieces and wardrobe staples, has seen a 75% increase in order count in 2023, compared to 2022. Speaking to Forbes Australia, YOOX Net-A-Porter’s APAC GM, Natalie Lee, says the lifestyle category is now the company’s most significant growth driver. “In Australia, we have seen the […]
Pascale Lepoivre has fronted luxury fashion brand Loewe since 2016, expanding the company’s physical retail presence in the Asia-Pacific region and executing category expansions. As the company opens its new Melbourne location on Collins Street, which is its largest retail footprint in Australia, Lepoivre sits down with Forbes Australia for a Q&A. LOEWE is 175 […]
The luxury conglomerate behind Coach, Kate Spade and Stuart Weitzman is growing by three more brands with the US$8.5 billion purchase of Michael Kors-founded Capri Holdings Limited, merging two American fashion groups amid news that U.S. luxury spending has slowed in favour of growth in Europe and Asia. Key Takeaways Key Background Coach and Michael […]
A panel discussion at the inaugural State of the Art Jewelry Summit presented ways the jewelry industry can use art and storytelling to create desirability for jewels produced in a sustainable manner. Eira Thomas, president and CEO of Lucara Diamonds, and jewelry designer, Thelma West, say the success of the Botswana diamond industry is proof […]
Gucci CEO Marco Bizzarri, who led the company out of a slump after Tom Ford’s resignation in 2004, will leave his role this September, amid a management shake-up that saw the hiring of a new creative director earlier this year and now the promotion of two other executives as deputy CEOs of parent company Kering. […]
Jane Birkin, the namesake of the elusive Hermès handbag and collaborator of singer Serge Gainsbourg, died on Sunday at the age of 76 after inspiring a generation of directors, fashion designers and musicians with her classic beauty and effortless style. Key Takeaways Key Background Birkin was born in London in 1946 and began her career […]
Hardy Brothers is one of the very few Australian businesses that can boast well over a century of operations, as well as clientele that includes several generations of the British Royal Family. Hardy Brothers exclusive flagship boutique. Hardy Brothers is one of the very few Australian businesses that can boast well over a century of […]
Margot Robbie has been hitting the red carpet in style for the Barbie movie—in theatres July 21—by replicating outfits donned by various Barbie dolls over the years, dressing in everything from an outfit inspired by the original Barbie to a more meta approach: dressing as a doll inspired by Robbie’s character in the new film. […]
The world’s tiniest handbag, created by MSCHF, has sold at US musician Pharrell Williams’ Joopiter auction. The handbag measures 657 by 222 by 700 micrometers – smaller than a grain of sea salt – and is modelled after Louis Vuitton’s OnTheGo tote. The bag was created by American art collective MSCHF, reportedly for American musician […]