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The company has more than 200 stores in the Middle East, said chief executive officer Nick Hayek.
The country’s manufacturing capacity is fast disappearing, with only 3 percent of all garments sold in Australia made onshore.
Incoming TAG Heuer CEO Béatrice Goasglas’s experience in client relations and the US market will be put to the test at LVMH’s biggest watch brand. Veteran Richemont executives preach consistency and a tight grip on retail.
Daniela Morosini and Rachael Griffiths explain why fragrance is moving online – and how brands are increasingly selling scent through storytelling, styling and the idea of a fragrance wardrobe.