Swiss watchmakers are starting to see signs of slowing spending from Chinese tourists, but are still banking on demand shifting to mainland China to fuel growth this year, several high-end brands said on Monday.
A committee of MPs in Britain is recommending that a ban on sales of real fur should be considered after it was found that some real fur products have been labelled as fake fur and sold via a number of big names.
Online retailers need to step up and take more responsibility for establishing the provenance of products they sell to ensure real fur labelled as faux isn’t slipping through, a UK committee of MPs has said.
Effective 1 January 2017, an update to the “Swiss made” law stipulates that 60% of a Swiss watch must be of Swiss origin to claim Made in Switzerland status. One niche watch manufacture considers the new rule too weak.
Around twelve leaders of the European fashion industry gathered in Brussels for a discussion with the vice-president of the European Commission in order to prepare a document, to be completed by the end of 2012, about...