The world’s leading luxury brands said on Friday that they planned to temporarily close stores and pause business operations in Russia. Doing business in Russia has become complex since Russia’s invasion of Ukraine, which prompted the United States, Britain and the Europe Union to impose sweeping sanctions. “Given our increasing concerns about the current situation, the growing uncertainty … Read More →
(Photographer: Brendon Thorne/Bloomberg) Storied French fashion empire Christian Dior, which first opened its doors in 1947 in the heart of post-war Paris, easily remains the planet’s largest retailer focused on clothing, shoes and accessories, according to Forbes’ Global 2000 list. The high-end retailer saw sales rise by double digits last year to a record-breaking 44 billion euros ($49 … Read More →
A 34-kilogram pearl, uncovered by a fisherman 10 years ago off Palawan Island in the Philippines, could be the largest natural pearl in the world, according to a recent report. The pearl was discovered after the fisherman’s anchor became stuck on a giant clam on a windy day, a report on the Philippine Daily Inquirer … Read More →
The September Hong Kong Jewellery & Gem Fair, the world’s No. 1 fine jewellery event, will gather more than 3,750 jewellery, gemstone and other industry-related companies from 50 countries and regions, trade show organiser UBM Asia announced. Manufacturers and suppliers of raw materials including polished diamonds, gemstones, pearls, equipment and packaging products will showcase their goods … Read More →