Expect another year of rapid growth at LVMH, insisted Bernard Arnault, chairman of LVMH, at the group's AGM. Though he called reports that LVMH executives had held talks with the owners of Chanel “fake news.”
Two flawless white diamonds each weighing in at more than 50 carats are expected to fetch more than $15 million (10.65 million pounds) when they are auctioned in May, auctioneers Sotheby’s Diamonds said on Friday.
Secoo, one of the largest premium e-commerce platforms in China, has set up a designer channel to enhance its influence in the fashion world and to help promote more Chinese indie designers on the global stage.
The Punjab National Bank (PNB) believes that it can make back the losses incurred from the Nirav Modi fraud scandal in six months and the bank’s CEO, Sunil Mehta, has some words for the diamond tycoon.