A 150-piece limited edition of its $45,000 Pebble watch sold out before it reached store shelves. Earlier this year, the Financial Times renamed its How to Spend It weekend supplement HTSI “to reflect the deeper sensitivities and priorities of a changing world,” according to the magazine’s editor, Jo Ellison.Ĭartier has seen no signs of slowdown for its pricey products in Europe including the Santos watch, which is in short supply due to strong demand. “When it comes to the year-end campaign, we have chosen something that is a little more subdued compared to previous years, especially in Europe and probably the US,” Chief Executive Officer Cyrille Vigneron said on a call Friday following parent company Richemont’s first-half results.Īs Europe and the UK deal with the highest inflation in decades, soaring energy costs and war next door in Ukraine, luxury brands are striving to strike the right tone with both their well-heeled clientele and the general public. Rather, it marked the return with a private invitation-only event for select clients of the marque known for its Panthère jewelry collection and Tank watches. When Cartier reopened its flagship boutique on Rue de la Paix in Paris last month after two years of renovations, it didn’t throw a big fete in the space it had occupied since 1899. (Bloomberg) - The head of Cartier says the renowned jewelry brand is toning down its marketing message for the key holiday season in Europe and the UK amid war and a cost-of-living crisis.
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