Spain’s Puig Shares Jump on Lauder Merger Talks
Shares of the Spanish beauty group surged around 16 percent on Tuesday, on track for their best trading day on record, after announcing they were in talks over a potential merger with Estée Lauder.
jewellery
News & Analysis
Blue Diamond Cartier Ring Could Fetch $25 Million at Sotheby's
The Sky Blue Diamond will be displayed in London on Thursday through Monday before a sale in Geneva on November 16.
Blue Diamond Cartier Ring Could Fetch $25 Million at Sotheby's
The Sky Blue Diamond will be displayed in London on Thursday through Monday before a sale in Geneva on November 16.
News & Analysis
Dominic Jones Resurfaces at Astley Clarke
Luxury jeweller Astley Clarke has appointed Dominic Jones as its new creative director.
Dominic Jones Resurfaces at Astley Clarke
Luxury jeweller Astley Clarke has appointed Dominic Jones as its new creative director.
News & Analysis
The Big Business Of Red Carpet Bling
"Jewellery companies of all sizes compete to get their baubles on the right celebrities at the right time — including the Emmys."
The Big Business Of Red Carpet Bling
"Jewellery companies of all sizes compete to get their baubles on the right celebrities at the right time — including the Emmys."
Luxury
Cartier’s $600,000 Watch Shows Risks of Extending Luxury Brands
Cartier's retrenchment is a cautionary tale for the industry and for businesses in general – a reminder that luxury demand is ephemeral and that stretching a brand beyond its comfort zone carries considerable risk.
Cartier’s $600,000 Watch Shows Risks of Extending Luxury Brands
Cartier's retrenchment is a cautionary tale for the industry and for businesses in general – a reminder that luxury demand is ephemeral and that stretching a brand beyond its comfort zone carries considerable risk.
News & Analysis
Tiffany Turns to the Bright, Young Things
While love is timeless, fashion can be fleeting, particularly when it come to young trendsetters.
Tiffany Turns to the Bright, Young Things
While love is timeless, fashion can be fleeting, particularly when it come to young trendsetters.
Financial Markets
Signet Misses Second Quarter Forecasts
Signet Jewellers Ltd. on Thursday reported fiscal second-quarter net income of $81.9 million.
Signet Misses Second Quarter Forecasts
Signet Jewellers Ltd. on Thursday reported fiscal second-quarter net income of $81.9 million.
Financial Markets
Tiffany Sales Miss Estimates as Global Uncertainty Hurts Demand
Tiffany & Co. posted second-quarter sales that missed analysts’ estimates as global economic uncertainty weighed on demand.
Tiffany Sales Miss Estimates as Global Uncertainty Hurts Demand
Tiffany & Co. posted second-quarter sales that missed analysts’ estimates as global economic uncertainty weighed on demand.
News & Analysis
Claire’s Corners Bondholders With $800 Million Debt Swap Plan
Claire’s is turning to its creditors to help it avoid becoming the latest mall chain to succumb to a mountain of debt.
Claire’s Corners Bondholders With $800 Million Debt Swap Plan
Claire’s is turning to its creditors to help it avoid becoming the latest mall chain to succumb to a mountain of debt.
Financial Markets
Pandora Shares Drop as Q2 Sales Miss Estimates
Pandora shares fell as much as 6.8 percent in Copenhagen trading after the jewellery maker reported sales and profit that missed estimates.
Pandora Shares Drop as Q2 Sales Miss Estimates
Pandora shares fell as much as 6.8 percent in Copenhagen trading after the jewellery maker reported sales and profit that missed estimates.
News & Analysis
Jewellery Nestling in New Real Estate on the Body
Luxury body jewellery is piquing the interest of consumers and global retailers alike.
Jewellery Nestling in New Real Estate on the Body
Luxury body jewellery is piquing the interest of consumers and global retailers alike.
Global Markets
Swarovski Blings Up the Orient
The Austrian crystal maker is tapping emerging markets in the Middle East and Asia by adding luxury embellishments to traditional garments.
Swarovski Blings Up the Orient
The Austrian crystal maker is tapping emerging markets in the Middle East and Asia by adding luxury embellishments to traditional garments.
News & Analysis
Tiffany's 'Old-World Luxury' Fails to Charm Millennials
Tiffany's jewellery, long considered a status symbol and synonymous with weddings and anniversaries, is failing to charm millennials.
Tiffany's 'Old-World Luxury' Fails to Charm Millennials
Tiffany's jewellery, long considered a status symbol and synonymous with weddings and anniversaries, is failing to charm millennials.
The News in Brief
Oil Slides, Stocks Climb on Trump’s Iran Reprieve
Oil prices tumbled by over 8 percent after Trump said the US was in talks with Tehran to end the US-Israeli war on Iran, a claim parliamentary speaker Mohammad Baqer Ghalibaf has denied.
Puig, Estée Lauder Companies Considering Merger
The Spanish owner of Byredo, Rabanne and Charlotte Tilbury and the American conglomerate confirmed on Monday that they are in discussions to combine their businesses.
Applied Nutrition Sinks as War Disruption Poses Growth Risk
The UK supplement maker's shares slumped the most since its 2024 IPO after warning of disruption from the conflict in the Middle East, its CEO told Bloomberg.
New Luxury Store Openings Rise in Europe, Cushman Data Shows
The continent’s leading luxury retail streets saw a 13 percent rise in new outlets last year, with fierce competition for prime locations, according to Cushman & Wakefield.
Garage Clothing Owner Rides Y2K Fashion to $5.3 Billion Fortune
Andrew Lutfy, CEO and majority owner of Groupe Dynamite, saw his net worth surge to $5.3 billion after a sharp rise in shares following the company’s 2024 IPO.
Danone Acquires Protein Drinks Maker Huel in €1 Billion Deal
Huel, which counts actor Idris Elba and TV presenter Jonathan Ross among its investors, has agreed to be acquired by the French consumer goods group in a deal worth about $1.2 billion.
Qatar Investment Authority Eyes 10% Stake in Golden Goose
Qatar’s sovereign wealth fund is preparing to buy a stake in Italian sneaker maker Golden Goose, Corriere della Sera reported Saturday.