L’Oreal adds discounted Creed to its stable of luxury brands
By Bloomberg Published October 20, 2025 L’Oreal SA’s €4 billion ($4.7 billion) purchase of Kering…
Grace Wales Bonner is new Hermès menswear creative chief
Published October 21, 2025 Grace Wales Bonner has been a rising star for some time and now she’s really hit the big time with news on Tuesday that she’s the new creative director of menswear at French luxury house Hermès. Grace Wales Bonner It will be a while before we see her full impact on…
Swiss watch exports slump in September, hurt by US tariffs
By Bloomberg Published October 21, 2025 Swiss watch exports fell in September, hurt by the Trump administration’s 39% tariff on imports from Switzerland to the US, the industry’s largest market. A luxury watch by Audemars Piguet – Bloomberg Watch exports fell 3.1% from a year earlier to 2 billion Swiss francs ($2.5 billion), the Federation…
Can fashion’s changing of the guard revive an ailing industry?
Over 10 designers showed their first collections for their new houses during the Spring-Summer 2026 women’s wear shows in Milan and Paris. The message was clear: fashion is entering a new phase. Source link
Why AI should be able to “hang up” on you
Chatbots today are everything machines. If it can be put into words—relationship advice, work documents, code—AI will produce it, however imperfectly. But the one thing that almost no chatbot will ever do is stop talking to you. That might seem reasonable. Why should a tech company build a feature that reduces the time people spend…
Patient ‘threatened’ by staff, Essex mental health inquiry told
Contributed Iris Scott, 73, was a patient at the Crystal Centre in Chelmsford A woman who took her own life while on a mental health ward had been threatened and bullied by staff, her family told a public inquiry. Iris Scott, 73, was a patient at the Crystal Centre in Chelmsford, run by the Essex…
Kering buys time for Gucci‘s revival with beauty unit sale
By Bloomberg Published October 21, 2025 Beauty is in the eye of the beholder. But it’s not hard to see why Kering SA’s new chief executive officer, Luca de Meo, would want to sell the company’s embryonic beauty division, and why L’Oreal SA would pay €4 billion ($4.7 billion) for it. Inside a Gucci Beauty…
China scraps platinum tax break for state-owned giant
By Bloomberg Published October 21, 2025 China will phase out a long-standing platinum tax rebate for a state-owned giant, potentially opening up the market to new entrants. Platinum jewellery has increased in popularity in recent years – GJEPC – India- Facebook The government will from Nov. 1 start collecting value-added tax on sales of domestically…
France intensifies hunt for Louvre jewellery raiders
By AFP Published October 21, 2025 French police stepped up the hunt Tuesday for thieves who stole priceless royal jewels from the Louvre museum in a spectacular daylight robbery. The glass façade of the Louvre at night As the museum remained closed for a second day Monday, officials said 60 investigators were working on the…
‘Delighted’ Crowborough woman played clarinet in brain surgery
PA Media Denise Bacon experienced instant improvement in her finger movements A woman with Parkinson’s disease who played a clarinet while undergoing brain stimulation said she was “delighted” with how it went. Denise Bacon, 65, from Crowborough in East Sussex, experienced instant improvement in her finger movements as the electrical current was delivered to her…
Kurt Geiger has another strong year as sales and profit jump, US is key driver
Published October 21, 2025 Kurt Geiger has filed its accounts for the year to 1 February and they look impressive. The fast-growing premium footwear and accessories retailer has reported healthy increases almost across the board. Kurt Geiger To start with, turnover increased to £372.8 million from £338.9 million and gross profit was up to £203.1…
