Gucci reports stellar 34% growth in sales in the first quarter of 2017

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Kering Group reports first quarter revenues increase by 31.2% to €3.57bn, lifted by a 34% jump in sales. The growth was driven by double-digit increases across its product categories, including “ever-increasing demand for ready-to-wear and shoes”, as well as “excellent … Read More

Shanghai Motor Show reveals luxury cars are making comeback in China

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Ferrari, Aston Martin, Maserati, McLaren, Lamborghini and Porsche are all cashing in on China’s big spenders Four years after China’s President Xi Jinping started cracking down on corruption and conspicuous consumption, the most extravagant fast cars are making a comeback. … Read More

Top Luxury Brands to Present at Madison Avenue Watch Week

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Some of the luxury watch industry’s most popular brands are scheduled to present their latest timepieces at New York City’s Madison Avenue Watch Week. Now in its eighth year, the six-day event, scheduled for May 8 to 13, will host a number of … Read More

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