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Kiton drops first jewellery collection

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Nicola Mira

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March 11, 2025

Italian luxury menswear label Kiton has launched its first jewellery collection, called ‘Tailored Gems’. The line is inspired by the centuries-old goldsmithing tradition of Naples’s Borgo Orefici neighbourhood. It will initially be available only on the US market, where it will be presented through a series of bespoke events at Kiton’s main stores.

Kiton’s first jewellery collection

For its fine jewellery debut, Kiton has partnered with a laboratory that shares the label’s DNA, as an independent family company producing only in Italy. The collection is also inspired by the Kiton family’s passion for art and goldsmithing. Its signature shape is the circle, a symbol of eternity, harmony and balance, also present in the Kiton logo’s iconic red dot. 

The collection includes necklaces, rings, and bracelets designed for women of different ages and for different occasions. For example, the pavé necklaces are ideal for a special night out, while the bracelets are ideal for everyday wear, and the long necklaces for a sophisticated look. The items are available in white and yellow gold, set with white and brown diamonds and blue sapphires, a shade closely linked to Kiton’s brand identity. 

The photoshoot shows the line displayed on a swathe of ‘blue diamond’ fabric in exclusive 14 micron wool. The fabric’s name derives from the affectionate nickname that Kiton founder Ciro Paone used for his wife, when he called her “his blue diamond.”

Each item in the collection can be customised by choosing a specific colour for the stones. The modern-looking ring is intentionally empty in the centre, to let customers set it with a stone of their choice.

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LVMH announces key executive appointments at Louis Vuitton, Loro Piana, and Dior

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Nazia BIBI KEENOO

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March 12, 2025

Fresh off the heels of Paris Fashion Week, LVMH is shaking up the leadership of some of its biggest brands. Damien Bertrand, CEO of Loro Piana, is stepping into a new role at Louis Vuitton, while Frédéric Arnault takes over Loro Piana. Meanwhile, Pierre-Emmanuel Angeloglou, who currently leads Fendi, is set to become CEO of Christian Dior Couture.

“The success of our maisons is driven by dedicated and visionary leaders,” said Bernard Arnault, chairman and CEO of LVMH, in an official statement. “Damien, Frédéric, and Pierre-Emmanuel bring exceptional leadership, entrepreneurial vision, and a commitment to excellence. Their appointments reflect our strategy of cultivating top talent within the group.”

A strategic shift for LVMH’s powerhouses

Starting April 15, 2025, Pierre-Emmanuel Angeloglou will take over Christian Dior Couture, reporting directly to Delphine Arnault. He will oversee business operations, finance, and legal affairs, working closely with Delphine, with whom he has already formed a strong partnership. His successor at Fendi is expected to be announced soon.

Pierre-Emmanuel Angeloglou named CEO of Christian Dior Couture – LVMH

At Louis Vuitton, Damien Bertrand will enter his new role on June 10, 2025, reporting to CEO Pietro Beccari. He will take charge of product divisions, brand communication, business strategy, sustainability, and industrial operations. He is also set to join the LVMH executive committee in January 2026.

Damien Bertrand appointed deputy CEO of Louis Vuitton
Damien Bertrand appointed deputy CEO of Louis Vuitton – LVMH

Meanwhile, Frédéric Arnault will take over Loro Piana starting March 26, allowing for a transition period with Damien Bertrand, before officially assuming leadership on June 10, 2025. He will report to Toni Belloni, chairman of LVMH Italy, while his replacement at LVMH Watches is expected to be announced soon. This promotion also solidifies his position within both the LVMH leadership structure and the Arnault family hierarchy.

Frédéric Arnault appointed CEO of Loro Piana
Frédéric Arnault appointed CEO of Loro Piana – LVMH

Strategic moves amid luxury market challenges

These leadership changes highlight LVMH’s strategy to strengthen the management of its most profitable brands at a time when the luxury market faces increasing challenges. The restructuring comes on the heels of a downturn in 2024, positioning LVMH to navigate shifting industry dynamics and sustain long-term growth.

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Net revenues at sneaker maker Golden Goose rose 13% last year

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March 12, 2025

Italian luxury sneaker maker Golden Goose reported a 13% increase in net revenues last year to 655 million euros ($715 million), helped by 24 new store openings.

Golden Goose

Its adjusted core profit (EBITDA) rose 14% to 227 million euros in 2024.

Blue Pool, a Hong Kong-based investment firm backed by Alibaba co-founder Joe Tsai, bought a 12% stake in the Italian group in January, after the Permira-backed company abruptly pulled plans for a stock market listing last year.

 

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Puma to cut 500 jobs worldwide

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Reuters

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March 12, 2025

Puma will cut 500 jobs worldwide as part of its cost-reduction programme, its CFO said in a conference with journalists after the German sportswear group late on Tuesday gave disappointing forecasts for 2025 and the first quarter due to weak performances in the U.S. and China.

Reuters

Puma’s weak quarterly sales and annual profits announced in January and Tuesday’s grim outlook have fuelled concerns about its ability to compete with bigger rivals Adidas and Nike.

Puma is also looking to fend off newer, fast-growing brands such as On Running and Hoka as it strives to boost its brand and take a larger share of the $400 billion global sportswear market.

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