Montblanc news and archive

Inter Parfums posts strong sales and earnings growth

For the second quarter, Inter Parfums, Inc. reported net sales of 244.7 million dollars, up 18 percent compared to the same period last year. Net income for the quarter reached 27.6 million dollars, up 22 percent and diluted earnings per share were 86 cents, an increase of 21 percent against the same quarter last year. Commenting on the second...

Fashion

Montblanc reveals first leather goods collection under new artistic director

Building on its Meisterstück Collection, Montblanc has revealed a fresh range of luxury leather goods under its new artistic director, Marco Tomasetta. The Richemont-owned brand appointed Tomasetta back in February 2021, stating at the time the house was looking to build on the development of innovative products that push boundaries with its new...

Report

Inter Parfums posts strong sales growth, raises outlook

Inter Parfums, Inc. net sales rose to 210.8 million dollars for the three months ended December 31, 2021, a 15 percent increase from the fourth quarter of 2020 and 19 percent ahead of the fourth quarter of 2019. At comparable foreign currency exchange rates, the company said in a release, net sales increased 15 percent from the fourth quarter of...

Fashion

Montblanc and Public School unveil eco-collection collaboration

New York-based label, Public School, has partnered with German luxury brand, Montblanc, on a new eco-conscious accessory collection, utilising regenerated fabric and environmentally friendly materials. Both the internal and external materials employed within the collection implement Econyl yarn, eco-friendly nylon developed through regeneration....

People

Montblanc names new creative director

Montblanc has named a new creative director. Marco Tomasetta, an experienced leather goods designers, has been tapped to lead the accessories house. The news was reported by WWD. Tomasetta will start in his new role on March 1 and will be overseeing both writing instruments and leather goods at the accessories house. Nicolas Baretzki, CEO of...

Retail

Montblanc partners with YNAP for mobile store

Montblanc has partnered with YNAP (Yoox Net-a-Porter) for the launch of a mobile store. YNAP will be powering the mobile commerce for the next phase of Montblanc's e-commerce business. The aim of the new platform is for Montblanc's customers to be able to connect their physical shopping experience with the new online store with improved customer...

BusinessFeatured

Yoox Net-a-Porter to enhance Montblanc’s online shopping

Montblanc has announced that Yoox Net-a-Porter will operate its e-commerce platform starting from this month as it looks to take its digital capability to the “next level”. The move for Montblanc to choose Yoox Net-a-Porter to enhance its online shopping experience further strengthens ties with Compagnie Financière Richemont SA, the parent...

ManagementFeatured

Covid-19 impact reduces Richemont's Q1 sales by 47 percent

During the first quarter under review, the Richemont Group’s trading and operations were strongly impacted by Covid-19 resulting in sales decline of 47 percent at constant and actual basis to 1,193 million euros (1,360 million dollars). The company said in a statement that sales contracted significantly across all regions, channels and business...

Fashion

Montblanc and Bape team up for leather goods collection

Japanese streetwear brand A Bathing Ape, best known as Bape, has joined forces with Montblanc to release a limited-edition collection of leather accessories featuring Bape’s exclusive camouflage print and Montblanc’s logo. The pieces include a document case, a portfolio, a pen pouch and a matching wallet. Prices range from 235 US dollars for the...

Business

Montblanc ditches Marcolin in favor of Kering Eyewear in licensing deal

Montblanc (Richemont) has entered a licensing agreement with Kering Eyewear, allowing it to develop, manufacture and distribute glasses and sunglasses carrying the Montblanc brand. “Montblanc is excited to enter a new relationship with Kering Eyewear, a partner known globally for manufacturing some of the finest luxury eyewear”, said Montblanc’s...

ManagementFeatured

Wearables market to generate 30.5 billion dollars in revenue in 2017

The wearable devices market is set to generate a revenue of 30.5 billion dollars in 2017. Smartwatches remain at the helm of profits, with total revenue to come in at 17.4 billion dollars by 2021. "Smartwatches are on pace to achieve the greatest revenue potential among all wearables through 2021, reaching 17.4 billion dollars," said Angela...

Fashion

Richemont launching smart straps

Richemont certainly knows that their luxury watches will have some tough competition now thanks to the Apple smartwatch. Of course, they couldn't just stand by and let themselves fall from grace. The luxury goods maker is launching their own line of high-tech watch straps to compete with Apple's smartwatch. IWC Schauffhausen has plans to embed a...