The iconic French fashion house opened a new boutique in Miami’s Design District on Thursday, revealing a two-floor couture destination designed by architect and longtime brand collaborator Peter Marino.

The parent company of jewelry retail chains including Kay, Jared and Zales lifted its full-year financial outlook on Thursday, after reporting a year-over-year increase of 18.3% in its third-quarter sales.

​Luxury natural diamond jewellery giant De Beers has exited its flagship store on London’s Bond Street and into a new concept store next door that reflects a new-look blend of heritage, modernity and sustainability.

Following a challenging year, Deloitte’s latest Global Powers of Luxury Goods report shows that the revenues generated by the world’s top 100 luxury companies dropped from $281 billion in 2019 to $252 billion in 2020.

The luxury resale marketplace announced on Thursday that gross merchandise value on its platform totaled approximately $146 million in November, with growth driven by shopping holidays such as Black Friday.

Thailand’s Central Group has denied it’s in talks to buy Selfridges after it was reported globally that the firm will buy the business, perhaps as soon as this month.

Luxury goods companies Hermes and Richemont won promotion on Wednesday to the blue-chip Euro STOXX 50 equity index, which could increase investment funds' demand for the stocks that have hit all-time highs.

The heirs of Italian fashion house Gucci on Monday threatened to take legal action over Ridley Scott's new film "House of Gucci" for depicting members of the family as "hooligans".

Armani has added to the Giorgio Armani Haute Joaillerie with a fresh collection of ideas this week, again influenced by Art Deco and stylized shapes.

By 2025, 70% of luxury consumers will be aged below 40, forcing labels to revise their approach and values, broadening them to include more culture-based elements, according to the latest study by Bain & Co.

Paris jeweler Fred welcomed back a key family member of its heritage on Wednesday, the dramatic brilliantly yellow Soleil d’Or diamond, whose 100-plus carats make it one of the rarest stones on the planet.

​Farfetch has announced a new joint venture with UK-based logistics giant Clipper Logistics to create a major international e-fulfilment operation dedicated to the luxury industry.

Nordstrom Inc said labor costs pinched its quarterly profit and warned of product shortages at its off-price stores heading into the holiday season, sending its shares down 23% in extended trading on Tuesday.

Three people suspected of being part of a robbery flash mob were being questioned Tuesday, the latest in a series of violent thefts in California involving sometimes dozens of people.

Tiffany has opened its first Rive Gauche boutique in Paris, within Bon Marché, the storied department store controlled by the jeweler’s owner LVMH.

​Richemont is moving its enterprise IT infrastructure to Amazon Web Services in a deal to drive more dynamic e-tail experiences, more personalisation, better supply chain management and many other benefits.