The company behind some of the biggest watch and jewellery names in the UK is reported to be gearing up for a stock market listing and has spoken to investment banks with plans to list either in London or Zurich.
Marc Jacobs is expanding its wearables category with the launch of its first touchscreen smartwatch, The Riley. Previously the round-faced model was available as both an analog watch and a hybrid smartwatch.
Canada’s Hudson’s Bay Co. confirmed on Tuesday it would sell its unprofitable online banner Gilt and said it would close up to 10 Lord & Taylor stores, including its Manhattan flagship, as its quarterly loss widened.
The German jewellery brand has announced a new managing director for its UK business, and appointed a new head of wholesale after luxury brand Tag Heuer poached Nick Callegari for a commercial director role.