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LVMH’s watch and jewellery sales surpass €2bn during first half of 2019

The category contributed to the luxury conglomerate's revenue passing the €25.1 billion mark for the very first time.

Luxury goods-makers win fight to block retailers from selling on Amazon

Luxury brands can now ban retailers from selling their goods on online marketplaces such as Amazon and eBay, Europe’s top court has ruled. The European...

Authenticity cited as key driver of diamond sales among millennials

Millennials are adopting a 'less is more' mentality when it comes to purchasing high-end goods, according to a new study. The study, from American company...

FEATURE: Retailers discuss how the luxury market has evolved

When Professional Jeweller travels around the country to meet jewellery retailers and discuss business, a common theme among luxury jewellers is that things are...

Private flights to London soar as wealthy shoppers lap up luxury prices

Private jet charter, GlobeAir, has reported a 53% increase in flights to London as wealthy shoppers take advantage of luxury goods being made cheaper...

LVMH jewellery sales achieve ‘remarkable momentum’

Luxury group reports strong year in 2014 but watch buying weak.Jewellery sales achieved “remarkable momentum” at LVMH in 2014, which the luxury group dubbed...

Tourism drives 55% of UK luxury goods spending

New stats from Bain & Co.'s 2013 Worldwide Luxury Goods study.Management consultancy firm Bain & Company has released its 2013 Luxury Goods Worldwide Market...

Luxury discount site Cocosa to close down

Al Fayed Group says costs of building business have proved too high.Discount luxury goods and fashion site Cososa is set to close down in...

Luxury goods growth of 2% forecast in Europe

Report from Bain & Co shows market positivity despite cooling Q1.A new report from consultancy firm Bain & Co. created in partnership with Italian...

Designer’s suit against Van Cleef for rights fails

French judge rules against former employee who withheld drawings.A court in Paris has rejected the claims of a former designer at Van Cleef &...