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The French company, best known for its £8,000 Birkin bags and £300 silk scarves, posted a 13% rise in profits to 1.1bn euros (£952m).
Luxury brand Burberry has appointed former Dior designer Sabrina Bonesi as its new design director for leathergoods and shoes, a newly-created position, reports Leatherbiz.
BMW has partnered with the German manufacturer of luxury writing instruments to develop “Montblanc for BMW” Special Edition, a collection of Montblanc products for on the road and in the office, selected exclusively for the premium automotive manufacturer.
Research companies Boston Consulting Group (BCG) and Bernstein have said luxury brands “need to examine” their retail networks across Asia.
A report from specialist consultancy firm Bain & Company has offered insight into the state of the luxury goods market, reports Leatherbiz.
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