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"Smash-and-grab" robbery at Selfridge's Oxford Street flagship Friday, 7th June 2013
A “smash-and-grab” robbery has taken place at the world famous Selfridges department store on Oxford Street in central London. The Metropolitan Police have confirmed that the perpetrators used axes to smash cabinets containing watches and jewellery. Selfridges later tweeted that no one was hurt in the robbery and that police are continuing to investigate the incident.
Lily Cole launches rubber jewellery line in support of the rainforest Monday, 3rd June 2013
Model and actress Lily Cole this week launched her first jewellery collection, creating a line of pendants, rings and bracelets using Amazonian wild rubber. As an ambassador of the Sky Rainforest Rescue, Cole was inspired to create a fashion collection from the raw wild rubber found in Brazil.
Boucheron launches new Parisian flagship Friday, 31st May 2013
The luxury French jewellery house is set to open the doors to its brand new flagship store this Saturday, as it prepares to reveal a new concept and dramatic brand overhaul for its store designs. WWD this week reported Boucheron will “move into the light” for its new boutique, which will favour white and champagne interiors over the brand’s previous concept, which relied on dark shades like deep purple.
Qatar linked to $6bn Neiman Marcus offer Thursday, 30th May 2013
Luxury department store group Neiman Marcus is the latest retailer to be linked to a deal with the Qatar Investment Authority, with rumours suggesting a bid for the Dallas-based chain could pass USD 6 million. According to reports by US paper The Post, Qatari investors are currently in negotiations with Neiman, although any talks taking place don’t appear to be exclusive.
Swarovski acquires bead jewellery brand Chamilia Tuesday, 7th May 2013
Swarovksi US Holdings has acquired a 100 per cent stake in Minneapolis-based brand Chamilia as it looks to add new brands to stronghold. It’s thought Chamilia, which uses Swarovski crystals in its designs, will maintain its focus on the European marketplace, where Swarovski has been trading since 1895.
Stephane Linder named new Tag Heuer CEO Tuesday, 7th May 2013
Stephane Linder is set to become the new chief executive of watch brand Tag Heuer, owners LVMH Moet Hennessy Louis Vuitton confirmed on Tuesday. Taking effect on 1 June, Linder will be replacing Jean-Christophe Babin, who stepped down earlier this year to take over Italian jewellery company Bulgari, after their former chief executive Michael Burke became the new boss of Louis Vuitton.
Kering has “great ambitions” for new Pomellato acquisition Thursday, 25th April 2013
After much speculation, luxury goods conglomerate Kering has confirmed the acquisition of a majority stake in the Pomellato group. Having recently undergone a rebranding from its previous incarnation as PPR, Kering said it had “great ambitions” for the Pomellato group, which covers its namesake label and sister brand Dodo.