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Man who stole $260K in jewelry from Tiffany and Cartier admits guilt.

Man who stole $260K in jewelry from Tiffany and Cartier admits guilt.

A 50-year-old gem thief from Queens has admitted guilt in a scheme involving misdirection and counterfeit jewelry to steal diamonds worth over $260,000 from Tiffany & Company and Cartier. Yaolong Wang faced the Manhattan Supreme Court on Monday, where he supposedly had been successful in lifting expensive items from the high-end retailers last March. At […]

Cartier alerts customers that some information was taken following a website breach

Cartier alerts customers that some information was taken following a website breach

Cartier, the luxury jewelry brand under Richemont, notified customers about a recent hack that compromised client information, as confirmed by an email reviewed by Reuters on Tuesday. This incident adds to a growing list of cyberattacks targeting various companies, including retailers like Marks & Spencer and Victoria’s Secret, who have faced similar issues. Cartier reported […]

LVMH’s Bernard Arnault buys stake in Cartier owner Richemont: report

LVMH Chairman Bernard Arnault has reportedly bought a stake in a luxury goods rival that owns Cartier, sparking rumors of a possible takeover battle. The mercurial French billionaire, currently the world’s third-richest person with a net worth of $197 billion, according to Forbes magazine, has acquired a stake in Swiss-based Richemont, but the amount is […]