Van Cleef & Arpels

C.K. McWhorter Endows Van Cleef & Arpels With Esteemed McWhorter Family Trust Warrant Of Excellence

Retrieved on: 
Tuesday, April 9, 2024

McWhorter & McWhorter Family Trust grant a McWhorter Family Trust Warrant of Recognition to Van Cleef & Arpels for its exceptional commitment to Environmental, Social, and Governance (ESG) practices.

Key Points: 
  • McWhorter & McWhorter Family Trust grant a McWhorter Family Trust Warrant of Recognition to Van Cleef & Arpels for its exceptional commitment to Environmental, Social, and Governance (ESG) practices.
  • This prestigious accolade is a testament to Van Cleef & Arpels' innovative leadership in the realm of sustainable luxury jewelry manufacturing, mirroring the foundational ethos of the McWhorter Family Trust to champion investments that are both responsible and transformative within the luxury sector.
  • This recognition by the McWhorter Family Trust highlights Van Cleef & Arpels' pioneering role in promoting sustainability across its operations, from the sourcing of materials to the final creation of its iconic pieces.
  • Van Cleef & Arpels' active engagement in global sustainability initiatives and its ongoing efforts to enhance social responsibility and governance excellence stand as a beacon for the luxury industry.

SEALSQ and Ylan Anoufa Unite to Launch WISeToy

Retrieved on: 
Monday, February 5, 2024

The WISeToy AnoufaBears project emerges in response to the increasing prevalence of connected toys and devices in homes worldwide.

Key Points: 
  • The WISeToy AnoufaBears project emerges in response to the increasing prevalence of connected toys and devices in homes worldwide.
  • Carlos Moreira, CEO of SEALSQ, stated, "Our collaboration with Ylan Anoufa represents a significant milestone in our ongoing efforts to create a safer digital environment for children.
  • By integrating our robust cybersecurity technology with the artistic vision of Ylan Anoufa, we are setting a new standard for secure and educational toys in the digital age."
  • With the launch of the WISeToy AnoufaBears, SEALSQ, WISeKey, and Ylan Anoufa are at the forefront of combining technology and art to protect and inspire the next generation.

Celebrate the 12 Days of Christmas South Coast Plaza-Style! Enjoy Beautiful Holiday Décor, Fabulous New Stores, Gifts for Every Wish, Michelin Star Dining, and Much, Much More

Retrieved on: 
Wednesday, December 6, 2023

To celebrate the season, South Coast Plaza presents our version of the 12 Days of Christmas.

Key Points: 
  • To celebrate the season, South Coast Plaza presents our version of the 12 Days of Christmas.
  • "On the first day of Christmas, South Coast Plaza brought to all"
    Knife Pleat again earned a coveted Michelin star this year.
  • "On the second day of Christmas, South Coast Plaza brought to all"
    South Coast Plaza will soon be home to a gorgeous new two-level Gucci boutique.
  • "On the ninth day of Christmas, South Coast Plaza brought to all"
    Can you spot Santa's reindeer taking flight atop Santa’s Mountain in Carousel Court?

Inter Parfums, Inc. Announces Initial 2024 Guidance

Retrieved on: 
Tuesday, November 21, 2023

Inter Parfums, Inc. (NASDAQ GS: IPAR) (“Inter Parfums” or the “Company”) today announced that it expects 2024 net sales of $1.45 billion, resulting in earnings per diluted share of $5.15.

Key Points: 
  • Inter Parfums, Inc. (NASDAQ GS: IPAR) (“Inter Parfums” or the “Company”) today announced that it expects 2024 net sales of $1.45 billion, resulting in earnings per diluted share of $5.15.
  • Guidance for 2023 and 2024 assumes that the average dollar/euro exchange rate remains at current levels.
  • For Montblanc, we have an extension of the Legend line in early 2024, followed by a new four-scent premium collection.
  • “With shipments of Cavalli and Lacoste fragrances beginning in January, their combined fragrance sales should add approximately 7% to our topline growth in 2024.

US-Based Consumer Insights Platform 'LookLook' Launches 'LuxuryVerse China' Report

Retrieved on: 
Thursday, November 30, 2023

NEW YORK, Nov. 30, 2023 /PRNewswire-PRWeb/ -- LookLook, a marketing intelligence platform for consumer insights, today released LuxuryVerse China - November 2023 Pulse Check, a new report that looks at the mindset of female luxury buyers in China and the social and economic factors driving their purchase decisions. The study reveals a shift in priorities, buying patterns, and brand loyalty post-pandemic – most notably, an increased interest in native Chinese beauty brands.

Key Points: 
  • The study reveals a shift in priorities, buying patterns, and brand loyalty post-pandemic – most notably, an increased interest in native Chinese beauty brands.
  • "There's growing interest in native beauty brands among the women in our LuxuryVerse panel," said Malinda Sanna, CEO of LookLook.
  • The LuxuryVerse is an invite-only community from LookLook that brings together sophisticated buyers from around the world to share insights into luxury products and experiences.
  • LookLook engages with these individuals in virtual hangouts where members discuss luxury products and experiences while gathering insights into what's driving shopping behavior and purchase intent.

South Coast Plaza Debuts New Graff, Van Cleef & Arpels, and Byredo Boutiques Just in Time for the Holidays, Among the More Than 25 New Brands at the Destination Luxury Center

Retrieved on: 
Monday, October 30, 2023

South Coast Plaza is home to the largest collection of luxury timepiece and jewelry boutiques–35 stores under one roof–in North America.

Key Points: 
  • South Coast Plaza is home to the largest collection of luxury timepiece and jewelry boutiques–35 stores under one roof–in North America.
  • New Graff and Van Cleef & Arpels boutiques are now open at South Coast Plaza, making the collection even more breathtaking.
  • Van Cleef & Arpels relocated, redesigned, and significantly expanded its South Coast Plaza boutique.
  • “South Coast Plaza has a magnetic reach, drawing in a wide audience who journey to this destination,” says Ben Gorham, Founder & Creative Director, Byredo.

Inter Parfums, Inc. Reports Record 2023 Second Quarter Net Sales

Retrieved on: 
Monday, July 24, 2023

“We are very pleased to have achieved another record second quarter sales,” said Jean Madar, Chairman & Chief Executive Officer of Inter Parfums.

Key Points: 
  • “We are very pleased to have achieved another record second quarter sales,” said Jean Madar, Chairman & Chief Executive Officer of Inter Parfums.
  • Second quarter GUESS brand sales more than made up for the first quarter logjam we experienced due to the ERP implementation.
  • Of note, the significant growth in the quarter builds upon the 39% sales increase we reported for the second quarter of 2022.
  • “We will revise our guidance for net income per diluted share when we release our full second quarter results on August 8, 2023.

Inter Parfums, Inc. Reports Record 2022 Fourth Quarter and Full Year Results

Retrieved on: 
Tuesday, February 28, 2023

At comparable foreign currency exchange rates, consolidated fourth quarter net sales increased 57% from the fourth quarter of 2021, and for the year as a whole, consolidated 2022 net sales increased 30% from 2021.

Key Points: 
  • At comparable foreign currency exchange rates, consolidated fourth quarter net sales increased 57% from the fourth quarter of 2021, and for the year as a whole, consolidated 2022 net sales increased 30% from 2021.
  • GUESS brand sales rose by 24%, Oscar de la Renta by 19%, Abercrombie & Fitch by 28%, and Hollister by 16%.
  • Newer brands such as Ferragamo were included for all of 2022, but only in the final quarter of 2021.
  • Management will conduct a conference call to discuss financial results and business developments at 11:00 am ET on Wednesday, March 1, 2023.

Rapaport Press Release: Diamond Trade Sees Cautious Start to 2023

Retrieved on: 
Tuesday, February 7, 2023

US independents were down about 9% in the fourth quarter, according to the Edge Retail Academy.

Key Points: 
  • US independents were down about 9% in the fourth quarter, according to the Edge Retail Academy.
  • Sales at LVMH’s jewelry and watch division, which includes Bulgari and Tiffany & Co., grew 7%.
  • The luxury houses expressed optimism about China after the country lifted its Covid-19 restrictions and sales reportedly improved during the Lunar New Year.
  • The preceding lockdowns contributed to the drop in diamond trading last year.

Inter Parfums, Inc. Reports Record 2022 Fourth Quarter and Full Year Net Sales

Retrieved on: 
Monday, January 23, 2023

In the final quarter of the year, our four largest brands, Montblanc, Jimmy Choo, Coach and GUESS?

Key Points: 
  • In the final quarter of the year, our four largest brands, Montblanc, Jimmy Choo, Coach and GUESS?
  • generated sales gains of 50%, 78%, 82% and 28%, respectively, compared to the same period one year earlier.
  • Many of our other fragrance brands also achieved stellar comparable quarter growth.
  • For 2022 as a whole, our European operations grew sales by 26% in euro or 12% in dollars.