OTB, the holding company of Italian fashion billionaire Renzo Rosso, quadrupled its Earnings Before Interest and Tax (EBIT) to €21.5 million in 2017. Though total group revenue slid 2.4 percent over the same 12 months.

Burberry has announced that Gavin Haig, who was the chief executive of luxury retailer Belstaff until January, will join the company in the newly created position of chief commercial officer.

Selfridges has worked with director and photographer Norbert Schoerner on a 60-second ad that will run in cinemas in London, Birmingham and Manchester from May 19.

Actress Annabelle Wallis has landed a new role as the face of the Panthère de Cartier watch.

Yoox Net-A-Porter has added a dedicated platform for fine jewellery and watches after determining that many customers “have no hesitation” in purchasing expensive accessories online.

Alibaba has disclosed the first results of Luxury Pavilion, the luxury website within Tmall it launched last August, whose services are expanding via a newly hatched loyalty programme.

Change continues at Louis Vuitton, as the house on Monday announced the appointment of the very well-travelled Francesca Amfitheatrof as its new Artistic Director Watches and Jewellery. 

The British fashion house said it has found in Gerry Murphy a “superb candidate” to replace Sir John Pearce, who is stepping down as chairman in July.

Swiss watchmaker Audemars Piguet is on track to hit 1 billion Swiss francs ($1.04 billion) in global sales this year, the firm’s chief executive said, amid a revival in luxury demand in China driving up watch sales.

Luxury brands are waking up to the importance of e-tail and omnichannel and are increasingly keen to take control of their online experiences.