Cartier news and archive

Tiffany & Co being sued by Cartier over 'unfair competition'

Jewellery company Cartier said on Tuesday it had filed a complaint in a New York court against US rival Tiffany & Co for unfair competition. Senior managers at Tiffany & Co allegedly tried to obtain information in an "inappropriate" way on Cartier's activities in the United States through a former employee, it said in an email to AFP. The...

Video

Video: Love Is All

In this video, Cartier has released its Love Is All film, starring friends of Cartier such as Masie Williams, Monica Belluci, Troye Sivan, Willow Smith, Jackson Wang and more. Watch the video below. Click here to read more about the film. Video: Cartier via YouTube Photo credit: Image: Cartier via YouTube

Business

LVMH, Prada and Cartier join forces to form blockchain consortium

Fashion conglomerate LVMH is joining forces with the Prada Group and Cartier, part of Richemont, to form the Aura Blockchain Consortium to address the “shared challenges” of communicating authenticity, responsible sourcing and sustainability in a secure digital format. The move marks the first global blockchain consortium dedicated to the luxury...

BusinessFeatured

Richemont H1 profit drops as Covid-19 hits sales

In the six month period under review, Richemont said, trading was significantly impacted by the worldwide spread of the Covid-19 pandemic and its resulting negative impact on trading conditions. Sales decreased by 26 percent at actual exchange rates and by 25 percent at constant exchange rates to 5.5 billion euros. The company added that as...

BusinessFeatured

Covid-19 impact reduces Richemont's Q1 sales by 47 percent

During the first quarter under review, the Richemont Group’s trading and operations were strongly impacted by Covid-19 resulting in sales decline of 47 percent at constant and actual basis to 1,193 million euros (1,360 million dollars). The company said in a statement that sales contracted significantly across all regions, channels and business...

Video

Video: L'Odyssee de Cartier

Discover the new Cartier film, a journey between dream and reality. For the very first time, Cartier has decided to create a cinema epic focusing on its history, its values and inspiration, its artistic and universal scope Source: Montecarlo World Network / Youtube

Business

Cartier partners with Alibaba's Tmall for China e-commerce

Cartier is the newest addition to the Tmall Luxury Pavilion - Alibaba's dedicated e-commerce site for luxury brands retailing in China. The luxury jewelry brand will operate a flagship boutique through the Tmall Luxury Pavilion, offering all of its product categories including jewelry, timepieces and accessories. To commemorate the launch of its...

Fashion

Farfetch launches resale platform for designer bags

Luxury online retailer Farfetch has launched a new pilot platform that allows customers to exchange their pre-loved designer bags for store credits. The new “Second Life” platform, which has gone live on the company's website, comes as part of its growing focus on sustainability, as consumers become increasingly aware of the harm fast-fashion...

RetailFeatured

French luxury giants dive into Silicon Valley

Steve Jobs may have been a tech genius, but he clearly didn't care much for fashion. Facebook boss Mark Zuckerberg has followed in his footsteps, sporting a plain grey T-shirt every day for years -- only to swap it for a simple black suit to testify before Congress and the European Parliament. But Silicon Valley, whose billionaires have long...

Business |ANALYSIS Featured

The end of the year doesn't look easy for Richemont

Cie. Financière Richemont SA dragged European stocks last Friday after the Swiss luxury group missed forecasts with its latest earnings. In fact, the Geneva-based company prompted a sell off after it said net profit for the six months to September 30 rose to 1.1 billion euros, behind analysts’ expectations of 1.23 billion euros. In the wake of...

BusinessFeatured

Franc surge casts shadow on Geneva's luxury watch fair

Geneva's luxury watch show where shop owners search out such brands as Cartier and Piaget opened Monday under a cloud as the franc surged after the Swiss central bank abandoned its bid to hold down its value. The fair in Geneva, attracting only professionals, aims to draw 14,000 visitors in just four days from the world over. On opening day,...