The president of YNAP’s fashion division, in charge of Yoox and The Outnet, explained to FashionNetwork.com how Yoox became a leading fashion and luxury e-tailer, and talked about the impact of the Covid-19 pandemic.
The former Givenchy CEO has joined the Richemont group, where he will supervise the fashion and accessories division from September. He succeeds Eric Vallet, who left last October to become CEO of Rémy Cointeau.
On Friday, the Swiss luxury giant, owner of jewellery brand Cartier, announced its Group EVP Human Resources Sophie Guieysse is stepping down “with immediate effect”, in the midst of an executive remuneration row.
Kering’s eyewear business has announced a partnership with Chloé. Kering Eyewear will design, produce, and distribute eyewear for Chloé (Richemont), taking over from its previous partner Marchon Group.
Richemont mixed good news with bad on Friday as it delivered its full-year results, with the giant luxury group reporting resurgent demand in China on the reopening of its stores, but also a profits plunge.
Chanel has joined Rolex, Patek Philippe, Chopard and Tudor in a dramatic group decision to quit Baselworld and create their own luxury watch salon in Geneva, a potentially paradigm shift in the industry.
The latest luxury retailer to enter the vintage watch business is Bucherer, the largest big boutique for quality watches in Paris. It debuts a new Certified Pre-Owned section on Friday in its Parisian flagship.