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US leathergoods group Coach Inc. has announced it will change its name to Tapestry Inc. from October 31.
Luxury products Group LVMH Moët Hennessy Louis Vuitton has recorded a +14% increase in revenue, reaching €30.1 billion, for the first nine months of 2017. Organic revenue grew +12% compared to the same period in 2016, reports ILM.
Details of the performance of luxury brands in the first half of 2017 were include in a Market Insights report distributed at Lineapelle in early October.
Luxury group Richemont has announced the appointment of Dr Jean-Jacques van Oosten to the newly created role of chief technology officer.
One of the world’s most exclusive fashion brands, Hermès has posted consolidated revenues amounting to €2,713 million for the first half of 2017, up +11% at current exchange rates and +10% at constant exchange rates.
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