Spandex Maker Lycra Files for Bankruptcy After Years of Stress
The company has been hampered with disruptions to supply chains, elevated inflation, growing competition from low-cost manufacturers and trade tariffs.
watches
News & Analysis
This $95,000 Watch Uses the World's Blackest Black
Swiss watchmaker Manufacture Contemporaine du Temps (MCT) will debut $95,000 Vantablack luxury watches in a limited edition this fall.
This $95,000 Watch Uses the World's Blackest Black
Swiss watchmaker Manufacture Contemporaine du Temps (MCT) will debut $95,000 Vantablack luxury watches in a limited edition this fall.
Global Markets
TAG Heuer Pushing Brand in China, as Rivals Scale Back
The head of luxury group LVMH's Swiss watchmaking business said on Saturday the company is pushing its TAG Heuer brand in the Chinese market, as rivals scale back their investments due to weaker demand.
TAG Heuer Pushing Brand in China, as Rivals Scale Back
The head of luxury group LVMH's Swiss watchmaking business said on Saturday the company is pushing its TAG Heuer brand in the Chinese market, as rivals scale back their investments due to weaker demand.
News & Analysis
Hublot to Start Selling Watches With Smart Functions in Strap
Swiss watchmaker Hublot is working on a connected strap as owner LVMH steps up efforts to fend off competition from the likes of Fitbit and Apple.
Hublot to Start Selling Watches With Smart Functions in Strap
Swiss watchmaker Hublot is working on a connected strap as owner LVMH steps up efforts to fend off competition from the likes of Fitbit and Apple.
News & Analysis
TAG Heuer Sales to Rise at Least 10 Percent This Year
The head of luxury group LVMH's Swiss watchmaking business expects sales of the TAG Heuer brand, which includes "smartwatches" that connect to the Internet, to rise by at least a tenth this year.
TAG Heuer Sales to Rise at Least 10 Percent This Year
The head of luxury group LVMH's Swiss watchmaking business expects sales of the TAG Heuer brand, which includes "smartwatches" that connect to the Internet, to rise by at least a tenth this year.
News & Analysis
The Vintage Watch Boom
After a series of record sales in 2015, expectations are high for this year’s vintage watch auctions.
The Vintage Watch Boom
After a series of record sales in 2015, expectations are high for this year’s vintage watch auctions.
News & Analysis
Clock Ticking as Swiss Watchmakers Await Market Recovery
Demand for traditional luxury watches has been hammered by a Chinese government crackdown on bribery, a drop in tourist shoppers to Europe and, at lower price points, the rise of smartwatches.
Clock Ticking as Swiss Watchmakers Await Market Recovery
Demand for traditional luxury watches has been hammered by a Chinese government crackdown on bribery, a drop in tourist shoppers to Europe and, at lower price points, the rise of smartwatches.
News & Analysis
Swatch's Hayek Says Watch Industry Is Not in Crisis
Growth in Swiss watch sales may have dipped but industry the 'is and remains healthy,' Swatch chief executive officer Nick Hayek said in an interview with the French language newspaper LeTemps.
Swatch's Hayek Says Watch Industry Is Not in Crisis
Growth in Swiss watch sales may have dipped but industry the 'is and remains healthy,' Swatch chief executive officer Nick Hayek said in an interview with the French language newspaper LeTemps.
News & Analysis
Jean-Claude Biver: ‘The Watch Industry Is Not in Trouble, The World Is.’
The president of LVMH’s watch division has always been a disruptor. But with the Tag Heuer Connected watch, has he got the solution to a Swiss watch industry in decline?
Jean-Claude Biver: ‘The Watch Industry Is Not in Trouble, The World Is.’
The president of LVMH’s watch division has always been a disruptor. But with the Tag Heuer Connected watch, has he got the solution to a Swiss watch industry in decline?
Luxury
How Tom Kartsotis Is Banking on America
With Shinola, and now Filson, the founder of watchmaking behemoth Fossil wants to bring integrity to accessible luxury. But can he profit from good intentions?
How Tom Kartsotis Is Banking on America
With Shinola, and now Filson, the founder of watchmaking behemoth Fossil wants to bring integrity to accessible luxury. But can he profit from good intentions?
Global Markets
Watchmaker Tudor Says Hong Kong Market Could Get Even Worse
Tudor, Rolex’s sister brand, said the Hong Kong market may get worse as rich Chinese shop for luxury goods in markets with lower prices.
Watchmaker Tudor Says Hong Kong Market Could Get Even Worse
Tudor, Rolex’s sister brand, said the Hong Kong market may get worse as rich Chinese shop for luxury goods in markets with lower prices.
Global Markets
Swiss Watchmakers Face Another Challenging Year
Swiss watchmakers are braced for another difficult year as economic woes in major markets curb consumers' appetite for pricey timepieces, industry executives said on Thursday.
Swiss Watchmakers Face Another Challenging Year
Swiss watchmakers are braced for another difficult year as economic woes in major markets curb consumers' appetite for pricey timepieces, industry executives said on Thursday.
News & Analysis
LVMH’s Hublot Likely Next to Add Smart Functions
Hublot will probably be the next LVMH watch brand to add smart functions, following TAG Heuer’s footsteps, according to LVMH's watch chief.
LVMH’s Hublot Likely Next to Add Smart Functions
Hublot will probably be the next LVMH watch brand to add smart functions, following TAG Heuer’s footsteps, according to LVMH's watch chief.
The News in Brief
US SEC Preparing to Eliminate Quarterly Reporting Requirement, WSJ Says
The proposal would give companies the option to share results twice a year.
Kering Unveils New Jewellery Unit, Merges Fashion Brand Reporting
Kering’s newly created jewellery division regroups Boucheron, Pomellato, Dodo and Qeelin brands as the company aims to pool resources. The conglomerate is also regrouping fashion brand reporting, shielding smaller labels from investor scrutiny.
Bondholders Approve Saks Global’s Five-Year Business Plan
Saks is moving towards exiting bankruptcy and tapped an additional $300 million of its Chapter 11 financing package.
Luxury Stocks Face Most Bearish Sentiment in Years, UBS Says
War in the Middle East, the luxury industry’s fastest-growing market, threatens to delay a long-expected rebound in demand.
Trump Signs Order to Combat Fraudulent ‘Made in America’ Labels, White House Says
The executive order directs the FTC chairman to prioritise enforcement of existing laws against sellers and manufacturers who falsely claim products are made in America.
Lanvin Deputy CEO Siddhartha Shukla Exits Brand
Owner Lanvin Group said it is ‘fully committed’ to the French label’s development under creative director Peter Copping, with CEO Andy Lew in charge of management.
Ulta Beauty Forecasts Annual Profit Below Estimates
Shares declined in after-hours trading as the beauty retailer expressed a cautious outlook for 2026.