Sephora achieved another historic year, each when it comes to gross sales and revenue, continuing to achieve market share by way of its distinctive, revolutionary range of products and services. Momentum was significantly robust in North America, Europe and the Middle East. The expansion of its store network continued, with the extremely successful opening of its first two stores within the United Kingdom and the thriving collaboration with Kohl’s in the United States. Another major event during the yr was the reopening of its Champs-Élysées flagship store in Paris, whose renovation reflected Sephora’s sustainability strategy, geared toward reducing the energy consumption of its gross sales flooring area by 50%.

It is deeply rooted in our tradition, particularly when used with different colours. The Iznik ceramics that inspired Louis Cartier, all these colors were current. Ahamed noted that UAE customers do have an affinity in course of gold coins and gold bars, but the dual value of jewelry as both an attractive adornment and as an asset of appreciating worth gives it an edge over gold cash and bars.

The Fashion & Leather Goods business group achieved natural revenue progress of 14% in 2023. Louis Vuitton had a wonderful year, as soon as again buoyed by the creativity and high quality of its merchandise, and by its sturdy ties to artwork Jewelery News and tradition. Many new designs were unveiled, together with the GO-14 leather-based goods line and the new Tambour watch, a fusion of Swiss watchmaking experience and Louis Vuitton’s …

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