This week, following in the footsteps of mighty conglomerates like LVMH and Kering, New Guards launched its own eyewear division, spearheaded by Francesco Ragazzi, the creative director and founder of Palm Angels.
Luxury Swiss watchmakers, usually not fans of online retailing, are launching a new digital Watches & Wonders event on Wednesday to show off their latest products, hoping to revive sales hit by the coronavirus crisis.
Chanel has joined Rolex, Patek Philippe, Chopard and Tudor in a dramatic group decision to quit Baselworld and create their own luxury watch salon in Geneva, a potentially paradigm shift in the industry.
Sustainability and the customer experience are more and more crucial for the luxury industry, as found in a study by media agency Initiative, which identified six clusters of luxury goods consumers in France.
A Rolls-Royce Ghost, Hermès handbags and rare paintings were among the luxury items seized from fugitive billionaire jeweller Nirav Modi that raised $7.65 million for India's tax authorities at an auction Thursday.
Watches of Switzerland is considering an initial public offering in London, stating that it is well placed to capitalise on “significant growth opportunities” in the UK and US after seeing revenues rise by 22.5% in FY19.