With discreet exclusivity at the heart of its luxury operations, a data breach will have come as a big blow to jeweller Graff. The firm has been attacked by ransomware gang Conti, stealing 69,000 confidential documents.
The fragrance company has announced record annual sales of $713.5 million for fiscal 2019, reporting particularly solid progress in its U.S.-based operations, where Guess, Abercrombie & Fitch and Hollister led gains.
The biggest rough diamond discovered was shown to private clients Tuesday by French luxury handbag-maker Louis Vuitton, which acquired the 1,758-carat gem to make a big splash in the high-end jewellery market.
The international fragrance group published its third-quarter sales results on Monday, revealing a 7.9% increase in net revenue as sales from its U.S.-based operations continue to experience accelerated growth.