Is online luxury the holy grail of retail – and ‘Amazon proof’?

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“It’s a big boys’ game … it’s not for the faint hearted,” South Africa’s richest man and chairman of Richemont, Johann Rupert, once quipped about the online luxury market. But in the three years since, Richemont has become emboldened enough … Read More

LVMH Boosted by China Demand as Louis Vuitton, Makeup Surge

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LVMH continues to get a boost from a luxury rebound in China, with demand for Louis Vuitton handbags and Dior perfumes racing ahead in the holiday season. Fourth-quarter sales rose 11 percent on an organic basis, the Paris-based owner of … Read More

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