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.
watches
Luxury
Cartier: Selling Timelessness in Times of Change
Cartier transcends generations, geographies and genders, says the brand’s chief executive Cyrille Vigneron, but staying relevant in the choppy waters of the post-pandemic jewellery market demands iconic, classic designs.
Cartier: Selling Timelessness in Times of Change
Cartier transcends generations, geographies and genders, says the brand’s chief executive Cyrille Vigneron, but staying relevant in the choppy waters of the post-pandemic jewellery market demands iconic, classic designs.
Luxury
The State of Fashion: Watches and Jewellery Report — Bringing the Sparkle Back
The Business of Fashion and McKinsey & Company are pleased to present our State of Fashion Watches and Jewellery Report. Download the full report here.
The State of Fashion: Watches and Jewellery Report — Bringing the Sparkle Back
The Business of Fashion and McKinsey & Company are pleased to present our State of Fashion Watches and Jewellery Report. Download the full report here.
Luxury
The Future of Watches: A High Stakes DTC Shake-Up
$2.4 billion in annual revenues are set to shift from retailers to brands by 2025 as consumers demand better online shopping experiences and brands aim for higher margins.
The Future of Watches: A High Stakes DTC Shake-Up
$2.4 billion in annual revenues are set to shift from retailers to brands by 2025 as consumers demand better online shopping experiences and brands aim for higher margins.
Luxury
The Future of Watches: The Mid-Market Squeeze
Mid-market watch brands must revitalise their branding, refine their product offerings and create more intimate connections with consumers, or risk foregoing revenues of up to $2.5 billion by 2025.
The Future of Watches: The Mid-Market Squeeze
Mid-market watch brands must revitalise their branding, refine their product offerings and create more intimate connections with consumers, or risk foregoing revenues of up to $2.5 billion by 2025.
Luxury
The Future of Watches: The Pre-Owned Market Will Be Worth Up To $32 Billion
Watch brands must work hard to capitalise on the increasingly important second-hand market, while digital platforms will need to sharpen their business models.
The Future of Watches: The Pre-Owned Market Will Be Worth Up To $32 Billion
Watch brands must work hard to capitalise on the increasingly important second-hand market, while digital platforms will need to sharpen their business models.
Media
Hodinkee Knows How to Talk to Watch Enthusiasts. Can It Attract Everyone Else?
The company’s new leadership says it’s not just for ‘watch nerds’ anymore and is introducing more ambitious editorial content while extending its reach in the secondhand marketplace.
Hodinkee Knows How to Talk to Watch Enthusiasts. Can It Attract Everyone Else?
The company’s new leadership says it’s not just for ‘watch nerds’ anymore and is introducing more ambitious editorial content while extending its reach in the secondhand marketplace.
Luxury
Hodinkee Raises $40 Million and Hires Mr Porter’s Toby Bateman as CEO
The online destination for high-end new and vintage watch fans, founded by Benjamin Clymer in 2008, is aiming to scale its content-meets-commerce model in a challenging watches market.
Hodinkee Raises $40 Million and Hires Mr Porter’s Toby Bateman as CEO
The online destination for high-end new and vintage watch fans, founded by Benjamin Clymer in 2008, is aiming to scale its content-meets-commerce model in a challenging watches market.
News & Analysis
How Is Fashion Voting in the US Election?
This week, everyone will be talking about the US election, Richemont's latest results and the start of the holiday shopping season. Get your BoF Professional Cheat Sheet.
How Is Fashion Voting in the US Election?
This week, everyone will be talking about the US election, Richemont's latest results and the start of the holiday shopping season. Get your BoF Professional Cheat Sheet.
Luxury
Kering-Owned Swiss Watch Brands Cut Staff by 25%
Patrick Pruniaux, CEO of Swiss watch brands Ulysse Nardin and Girard Perregaux, said the economic fallout of Covid-19 will have a knock-on effect on the industry over the next several years.
Kering-Owned Swiss Watch Brands Cut Staff by 25%
Patrick Pruniaux, CEO of Swiss watch brands Ulysse Nardin and Girard Perregaux, said the economic fallout of Covid-19 will have a knock-on effect on the industry over the next several years.
Luxury
Luxury Events Are Back. Is the Industry Ready?
This week, everyone will be talking about the first Swiss watch fair since the pandemic, a slew of American retail earnings and China's Qixi festival. Get your BoF Professional Cheat Sheet.
Luxury Events Are Back. Is the Industry Ready?
This week, everyone will be talking about the first Swiss watch fair since the pandemic, a slew of American retail earnings and China's Qixi festival. Get your BoF Professional Cheat Sheet.
Retail
Swatch Group Posts Its First Half Year Loss
The Swiss watchmaker reported a net loss of $327 million in the first half of 2020 and saw sales drop 46.1 percent.
Swatch Group Posts Its First Half Year Loss
The Swiss watchmaker reported a net loss of $327 million in the first half of 2020 and saw sales drop 46.1 percent.
Workplace & Talent
Richemont Signals HR Shakeup After Reports of Bonus Controversy
The Swiss luxury-goods maker’s employees are reportedly frustrated about increases in senior executive compensation when most directors got pay cuts.
Richemont Signals HR Shakeup After Reports of Bonus Controversy
The Swiss luxury-goods maker’s employees are reportedly frustrated about increases in senior executive compensation when most directors got pay cuts.
The News in Brief
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.
Exclusive: Brita Invests in Shower Filter Firm Hello Klean
The German water filtration firm has acquired a minority stake in Hello Klean, which sells shower heads it claims mitigate the effects of hard water.
AII Launches Industry-First Tool Standardising Measurement of Carbon Emissions
The new tool published by the climate-focused nonprofit aims to create a standardised benchmark across textile facilities to accelerate fashion’s efforts to decarbonise.
Marco De Vincenzo Exits Etro
The creative director’s departure after four years was a decision of ‘mutual agreement’ according to the Italian label.
Exclusive: Akt London Enters Sephora
The UK label will roll out its hero deodorant to Sephora US doors and launch its full assortment online as the LVMH-owned retailer expands its body care offering.