Cartier Financial News

Subscribe to enjoy similar stories. As the season of sparkle approaches, it’s only fitting that jewellery and its age-old relationship with Diwali come to mind. Beyond mere ornamentation, jewellery in India symbolises wealth, prosperity and good fortune.

Subscribe to enjoy similar stories. A handful of brands have what all luxury bosses want: a wait list to tide them over in quiet times. But resale values suggest that even rare goods such as Hermès Birkin bags and Rolex watches aren’t pulling in crowds like they used to.

Super Bowl defeat, Travis Kelce showered Taylor Swift with lavish Valentine's Day gifts, spending a whopping amount of money on high-end presents. He is now deciding whether to retire or continue playing in the NFL.

Subscribe to enjoy similar stories. Handcarved marbled chuhas (rats) animate a drinking bowl in this decorative object by Ikkis. For details, Ikkis.in. Collektklove’s Nimbu Michi is crafted in coloured blown glass.

Jacques Cartier bridge in downtown Montreal’s east end were flooded on Friday morning after a major water main break occurred in the area.The water main break forced the evacuation of homes and offices in the area and also led to a boil water advisory for about 150,000 people who reside in the east end of the city.Montreal is still working to determine the cause of the break but officials said the pipe that burst was installed back in 1985 and is about 84 inches.Mayor Valérie Plante said that the water main break “was under control” after many who lived in the area were woken by firefighters who were urging them to get out of their homes because of the “geyser.’Lyman Zhu told the Canadian Press he woke up to what sounded like “heavy rain” and when he looked out his window saw a “wall of water” that was about 10 metres high and the width of the street. “It was insane,” he said.Maxime Carignan Chagnon said the “giant wall of water” gushed for about two hours.

Rolls-Royce. Epitomizing the lifestyle of "champagne wishes and caviar dreams," these royals embodied Coco Chanel's notion of luxury—where true extravagance begins after necessity ends. Take, for instance, Maharaja Bhupinder Singh of Patiala in the 1920s, who commissioned Cartier to create a lavish necklace featuring the seventh-largest polished diamond in the world, a rare 234.65 carat yellow cushion-cut De Beers diamond, weighing around 1,000 carats in total.

Notorious B.C. serial killer Robert Pickton has been the victim of a brutal attack in prison.

Clash de Cartier earrings and “broke into a cold sweat.”Cartier had mistakenly listed the earrings, made of 18-carat rose gold and 142 individual diamonds, for 237 pesos ($19) instead of 237,000 pesos ($19,000). Villarreal ordered two sets.Pues yo aproveche la oportunidad nenucas y hasta pedí dos pares, y díganme muerto de hambre pero dudo que ustedes hubieran desaprovechado la oportunidad.

A former SNC-Lavalin Group Inc. executive has been sentenced to three and a half years in prison in connection with a bribery scheme for a bridge repair contract in Montreal, the RCMP say.

By Shristi Achar A and Shashwat Chauhan

luxury brands are looking at India, says Benedicte Epinay, CEO of Comite Colbert, the official luxury association of France that represents 93 luxury brands and behemoths such as LVMH, Chanel and Kering. «Is India the next promising market? There are obstacles such as custom duties and the bureaucracy, but it probably is, because you have all the ingredients,» Epinay told ET. «You have the consumers, you have the appetite for refinement, you have the taste to understand luxury, and you have the passion to show off.» She was here for the first Indo-French luxury symposium, or 'IFCCI Luxury Symposium', held in New Delhi on Wednesday. «Post Covid, we are back to a new normal.

By John Revill

Team Global Express chief executive Christine Holgate has revived her push to access post offices and local delivery services run by Australia Post after a similar move in the United Kingdom earlier this month.

Foreign luxury brands ranging from Swarovski, Coach, Jimmy Choo, Bulgari, Cartier, Gucci and many more have brought in new collection especially for Diwali. Swarovski's Diwali special collection includes Mesmera, Millenia, and Gema. The brand unveiled new pieces of Jewelry Collection with items ranging from jewellry, gifts, wactches, decorative items.

ZURICH (Reuters) -Luxury group Richemont reported weaker than expected earnings on Friday as the owner of Cartier jewellery said the rising cost of living, economic headwinds and geopolitical tensions were weighing on customers' spending.

Rolex SA has acquired the building that was home to rival Omega's flagship boutique. The building was located at Rue du Rhone, known as the priciest shopping street in the Swiss capital of Geneva. It has been acquired by Marconi Investment SA, the subsidiary of Rolex, for $133 million (129 million Swiss francs), Bloomberg reported, citing a filing with Geneva's land registry.

ZURICH (Reuters) -European authorities have approved online luxury retailer Farfetch (NYSE:FTCH)'s purchase of a stake in rival Yoox (BIT:YNAP) Net-A-Porter from Richemont in the last regulatory approval needed, Richemont, the owner of Cartier, said on Monday.

NEW DELHI : Companies expect a significant surge in luxury goods demand in the ongoing festive season amid a thriving economy. Categories such as fashion, jewellery, footwear and even cigars are set for substantial growth, with some categories likely to rise by up to 20% in the third quarter. DLF, a leading luxury mall in northern India, is witnessing a growth of 50% for watches, branded jewellery and ready-to-wear items from a year earlier.

Prices for pre-owned Rolex watches kept falling on the secondary market last month while entry-level models and brands like Cartier and Omega fared comparatively better. 

European luxury stocks fell again on Tuesday as Morgan Stanley joined the chorus of analysts warning that demand for expensive handbags and jewelry in China and Europe is likely to slow.

Gucci, Cartier, and Louis Vuitton, among others, have signed leases for retail spaces in a new Mumbai mall developed by Asia's richest Mukesh Ambani, as the brands and Reliance Industries look to tap lucrative prospects presented by India's robust economic growth and the swift increase in the number of millionaires. Jio World Plaza is likely to open this year, Reuters said citing an unnamed source. The new mall is situated within Reliance Industries' extensive $1 billion business and cultural complex in Mumbai's bustling business district. India is turning into a magnate for luxury brands. More than a dozen luxury consumer goods brands are entering the country ahead of the festive season, as they look to attract consumers in a market riding on the growing affluence of Indians with higher incomes, spurring greater discretionary spending even in small towns. The trend is being driven by increased exposure to global trends, younger people buying luxury products, and a post-pandemic boom, all of which are stoking interest from western luxury brands, executives said. While a K-shaped economic recovery in India is also seen to be a strong trend, according to several economists, the Asian economy has beaten almost all countries in terms of rising wealth. Remember India is home for some of the world's richest including Mukesh Ambani and Gautam Adani. For the first time since the global financial crisis of 2008, global household wealth in 2022, measured in US dollars, registered a collective decline both in nominal and real terms, encompassing aggregate and per-adult figures. Significantly, wealth per adult also saw its second-largest reduction since the turn of the century.