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Neiman Marcus revenue falls 6pc in fiscal fourth quarter

September 17, 2014

Department store chain Neiman Marcus experienced a net loss of $42.1 million in its fourth fiscal quarter ending Aug. 2.

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Richemont sales growth tapers to 1pc

September 17, 2014

Luxury conglomerate Richmont’s sales growth shrunk to 4 percent when adjusted for constant exchange rates, a number below many predictions, in the five month period ending Aug. 31.

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Etihad Airways sends service team to London for accelerated butler program

September 17, 2014

United Arab Emirates airline Etihad Airways is sending a team of butlers to a multi-week training program in preparation for the launch of The Residence by Etihad.

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Rolls-Royce commissions largest bespoke fleet of Phantoms to date

September 16, 2014

British automaker Rolls-Royce has fulfilled an order for 30 bespoke models, making the purchase the largest fleet of its vehicles in the world.

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Gemfields promotes transparency in market with Sri Lankan sapphire agreement

September 16, 2014

Colored-gemstone miner Gemfields has set its sights on the third of the “big three” precious stones with the addition of Sri Lankan sapphires.

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Neiman Marcus acquires Mytheresa.com to expand global reach

September 16, 2014

Neiman Marcus Group will acquire global online luxury business Mytheresa.com as well as the flagship store in Munich later this year.

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Lalique, Ferragamo aim for gifting with wine glass carrier collaboration

September 15, 2014

French glass and crystal maker Lalique has teamed up with Italian leather goods brand Salvatore Ferragamo on a leather briefcase to house wine glasses.

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Jean Paul Gaultier quits ready-to-wear to focus on couture, beauty

September 15, 2014

French fashion label Jean Paul Gaultier’s spring/summer 2015 runway show later this month will be the brand’s last ready-to-wear presentation.

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Rebuilding luxury homes from the construction team’s perspective

September 15, 2014

Many luxury homeowners nestle their properties deep in wooded areas for a sense of serenity, but the benefits of seclusion are sometimes ruined by natural disasters such as fires.

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Gemfields hosts temporary trunk show on Moda Operandi

September 12, 2014

Online retailer Moda Operandi is hosting a special digital trunk show for colored-gemstone miner Gemfields.

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