Watches
The latest news
Swatch buyers in China hesitate over higher prices, CEO says
The Chinese market is likely to be difficult until the end of the year with consumers hesitating over higher prices, the chief executive of Swiss watchmaker Swatch Group was quoted as saying in a newspaper interview.
Luxury
A Swiss watchmaker with deep ties to India is back from the dead—again
Luxury watchmaker Favre Leuba plans to unveil more than two dozen timepieces later this year, priced as much as 2
Luxury
Women@Dior & UNESCO Global Conference celebrates female empowerment
Dior and UNESCO staged their latest Women@Dior & UNESCO Global Conference Thursday, as over 1,000 women gathered to hear speeches and testimonies from luxury executives, mentees, mentors and even a Nobel Prize winner.
Fashion
Coach names Jayson Tatum as new ambassador
Coach announced on Wednesday the recruitment of American professional basketball player Jayson Tatum as the U.S. luxury brand's new ambassador, coinciding with a new campaign featuring Spring 2024 watches and sunwear.
Fashion
TAG Heuer stages London promo event with Sky Brown
In a clear indication TAG Heuer is targeting a more youthful wearer, the luxury watch brand is developing its association with 15-year-old world champion skateboarder Sky Brown as a brand ambassador.
Luxury
Movado Group annual sales plunge 10% on U.S., international declines
Watches firm Movado Group announced on Tuesday revenues for fiscal 2024 fell 10.5% to $672.6 million, on the back of declines in wholesale customers’ brick-and-mortar stores, online retail and Movado company stores.
Luxury
Tod's investor calls for L Catterton to raise buyout offer
Tod investor Tabor Asset Management has published an open letter calling for an increase in the price offered by L Catterton to buy 36% of the Italian luxury shoemaker, saying the price of 43 euros per share is unfair.
Luxury
Gucci’s China shock reverberates across the luxury landscape
Fears of a slowdown among Chinese shoppers have dogged the luxury industry for the better part of a year.
Luxury
Grand Seiko etches new US retail design concept
The Japanese legacy watch brand is rolling out a new look for 2024 and beyond.
Luxury
EBay dives deeper into the luxury resale space with the addition of apparel
The online auction-centric marketplace is adding clothing to its second-hand sales.
Luxury
Harrods announces more 175th anniversary celebrations
Harrods kicked off its 175th anniversary celebrations with its Burberry link-up last month and is continuing to mark the birthday in March (and for the rest of the year) with special activations and products.
Luxury
Harvey Nichols cuts jobs but performance improves
Harvey Nichols is the latest retailer to announce job cuts in a further sign that the bleak UK retail sector is hurting luxury as much as other price points.
Fashion
Laings launches Scotland's second TAG Heuer Boutique
Family-owned luxury jeweller Laings has opened a second TAG Heuer boutique in Scotland, taking space in the prime luxury retail location of Multrees Walk in Edinburgh.
Luxury
Swiss watch exports slump on lower shipments to China, Hong Kong
Monthly Swiss watch exports fell for just the second time in three years, led by lower shipments to China and Hong Kong, as demand for luxury timepieces cools.
Luxury
Kering anticipates 10% sales drop due to Gucci decline
French luxury giant Kering said Tuesday it is anticipating a 10-percent drop in year-on-year sales in the first quarter due to a decline in the performance of its flagship brand, handbag-maker Gucci.
Luxury
70% of Asian luxury consumers prioritizing craftsmanship over brand, design: Bluebell Group
The fourth volume of the 'Asia Lifestyle Consumer Profile' report, covering consumers across six markets, found that 70% of respondents are prioritizing craftsmanship over brand or design.
Luxury