Polet, Gucci Group galvaniser, wins Fortune award
Fortune magazine has named Robert Polet, the Dutchman who brought the brands of the Gucci Group back into profit, as European Businessman of the Year, Reuters reported.
PPR revenue grows in 1Q
Paris—French luxury conglomerate PPR saw revenue climb 5.6 percent in the first quarter of 2007 to $6 billion.
Bedat and Co. names new CEO
Amsterdam, Netherlands—Gucci Group has appointed William Devine the new chief executive officer of Bedat and Co.
Gucci Group to sell Bedat and Co.
Amsterdam--Gucci Group has announced that it has signed an agreement to sell Swiss watch brand Bedat and Co. to Luxury Concepts Watches and Jewellery, a Malaysia-based brand management company.
Watch Dealers Network launches price-list resource
Davie, Fla.--The Watch Dealers Network (TheWDN.com) has introduced a new resource featuring U.S. retail price lists, reference numbers and descriptions of thousands of major watch brands.
Study: Time greatest luxury, jewelry not far behind
New York—Luxury consumers across the globe share many characteristics, including an emphasis on experiences over possessions, a new study finds.
Corum chairman Wunderman dies
Nice, France—Watch-industry icon and philanthropist Severin Wunderman died of a severe stroke on June 25, while at his vacation home in Nice, France. He was 69.
Tough time for watch sales
New York--Watch sales are suffering at the hands of the economic slump like the rest of the luxury market, but more modestly priced and classic timepieces are poised to hold their own better than...
Bulgari CEO repeats company not for sale
In an interview with French newspaper "La Tribune," Francesco Trapani, chief executive for Bulgari, categorically denied that the Italian luxury jeweler is for sale. He also affirmed that the company,...
Corum names Serge Weinberg chairman
La Chaux-de-Fonds, Switzerland—Corum has announced the appointment of Serge Weinberg as its new chairman of the board.
A 2009 prediction: Designers will drive palladium
New York--It's purely a matter of time: Palladium fashion jewelry will be the next designer darling.
Cash-crunched Fortunoff files for Chapter 11
Westbury, N.Y.--Fortunoff Fine Jewelry and Silverware LLC has filed for Chapter 11 bankruptcy protection, citing the same dismal economic conditions afflicting retailers worldwide as well as a "severe...