Echoes of 2003’s SARs crisis and China’s mismanagement then are scaring investors away from luxury stocks as prices fell across the board on news that the Wuhan virus had spread to six other markets
Aside from a virtual reality tour through Kering’s historic headquarters, visitors will also get to discover contemporary artworks from the Pinault Collection and haute couture creations by Balenciaga.
Luxury fashion brand Bottega Veneta announced that going forward it will combine its menswear and womenswear ready-to-wear shows.
Italian luxury label Gucci expands its reach with its redesigned website into the South Korea and Japan markets.
Deloitte’s annual Global Powers of Luxury Goods ranking sees LVMH, Richemont and Estée Lauder retain their places at the top of the list.
The billionaire art collector finds a spot for his collection in Paris.