It looks like Moncler is to expand in London’s West End after securing a site in Albermarle Street occupied by Italian retailer Gismondi 1754, according to reports. The space is adjacent to its new London flagship.
Swiss watchmakers expect the market to stay challenging this year with the United States, their second-biggest market, showing no signs of recovering, executives told Reuters at an industry fair in Basel.
There may be concerns about UK retail as Brexit talks loom and shoppers are hit by higher inflation, but international tourist spend appears to be going from strength to strength with tax-free shopping up 55% last month.
Luxury Swiss watch and jewelry brand Piaget has announced plans to debut on Net-a-Porter, in its latest step to appeal to a millennial customer. To help reach that young market, the Swiss-based house is harnessing style icon Olivia Palermo in a new ad campaign.