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Boucheron Bucks Trend as Kering Revenue Falls Again

Boucheron Bucks Trend as Kering Revenue Falls Again

Kering, the French luxury group, reported an 11 per cent drop in revenue to $4.8bn during Q1, but reported double-digit growth at Boucheron and...
Luxury Companies Could Bid for De Beers

Luxury Companies Could Bid for De Beers

Speculation is mounting over the future of loss-making diamond giant De Beers, as its parent company Anglo American faces a takeover bid from its...
BHP "to Increase Offer for Anglo American"

BHP “to Increase Offer for Anglo American”

BHP is likely to increase its all-share offer for Anglo American after the UK miner rejected its $39bn bid last week. A successful bid would...
De Beers Group To Relocate Auctions HQ From Singapore To Botswana

De Beers Group To Relocate Auctions HQ From Singapore To Botswana

De Beers Group announced it is relocating the De Beers Group Auctions business headquarters from Singapore to Botswana. The relocation supports De Beers’ focus...
US Consumers to Buy $7bn of Mother's Day Jewelry

US Consumers to Buy $7bn of Mother’s Day Jewelry

Spending on jewelry for Mother's Day in the US is set to hit $7bn this year, accounting for around a fifth of all gifts,...
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