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.
watches
Luxury
The Week Ahead: What's the Point of a Watch Fair in the Digital Age?
This week, everyone will be talking about Baselworld, Levi's IPO and Hermès' menswear event. Read our BoF Professional Cheat Sheet.
The Week Ahead: What's the Point of a Watch Fair in the Digital Age?
This week, everyone will be talking about Baselworld, Levi's IPO and Hermès' menswear event. Read our BoF Professional Cheat Sheet.
News & Analysis
Swatch Confirms Permanent Withdrawal from Baselworld Watch Fair
As watchmakers increasingly rely on their own distribution networks, the industry's largest annual conference runs the risk of becoming obsolete.
Swatch Confirms Permanent Withdrawal from Baselworld Watch Fair
As watchmakers increasingly rely on their own distribution networks, the industry's largest annual conference runs the risk of becoming obsolete.
Luxury
Glass Sculpture's Increasing Presence in Luxury Retail Experiences
Canadian company Imagic Glass is riding a wave of demand for more elaborate stores as luxury retailers encourage consumers to forsake online shopping for brick-and-mortar experiences.
Glass Sculpture's Increasing Presence in Luxury Retail Experiences
Canadian company Imagic Glass is riding a wave of demand for more elaborate stores as luxury retailers encourage consumers to forsake online shopping for brick-and-mortar experiences.
News & Analysis
Swatch Sees Weakening Demand in the Critical Chinese Market
The results will likely spark concern that the watch rebound is fading.
Swatch Sees Weakening Demand in the Critical Chinese Market
The results will likely spark concern that the watch rebound is fading.
News & Analysis
Patek Philippe Watchmaker May Come Up for Sale
The Swiss watchmaker could fetch as much as $10 billion, according to industry observers.
Patek Philippe Watchmaker May Come Up for Sale
The Swiss watchmaker could fetch as much as $10 billion, according to industry observers.
Luxury
Report: Swiss Watchmakers Brace for Slowing Chinese Demand
Investors are on edge over a softening economic backdrop in China, and weak Chinese trade data on Monday sent shares in China-reliant luxury goods companies tumbling.
Report: Swiss Watchmakers Brace for Slowing Chinese Demand
Investors are on edge over a softening economic backdrop in China, and weak Chinese trade data on Monday sent shares in China-reliant luxury goods companies tumbling.
China
Swiss Watchmakers Brace for Slowing Chinese Demand
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.
Swiss Watchmakers Brace for Slowing Chinese Demand
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.
Chanel Sets Sights on Luxury Watchmaking
The luxury house is strengthening its position in the sector with recent investments in timepiece parts makers including small Swiss firm Kenissi.
Chanel Sets Sights on Luxury Watchmaking
The luxury house is strengthening its position in the sector with recent investments in timepiece parts makers including small Swiss firm Kenissi.
Luxury
Watches of Switzerland Plans a US Invasion
The UK’s biggest retailer of luxury Swiss watches is pushing into America with its glossy showroom model intent on luring investors as much as millennials, as hedge fund owner Apollo prepares for an exit.
Watches of Switzerland Plans a US Invasion
The UK’s biggest retailer of luxury Swiss watches is pushing into America with its glossy showroom model intent on luring investors as much as millennials, as hedge fund owner Apollo prepares for an exit.
Luxury
Ebay Polishes Plans for Online Second-Hand Luxury Watch Market
The platform is looking at luxury brand partnerships and tighter authenticity controls, in response to boosted second-hand online watch sales.
Ebay Polishes Plans for Online Second-Hand Luxury Watch Market
The platform is looking at luxury brand partnerships and tighter authenticity controls, in response to boosted second-hand online watch sales.
News & Analysis
IWC Wants Apple Watch-Loving Americans to Go Back in Time
The Swiss watchmaker plans to focus on the US market despite limited demand for luxury timepieces.
IWC Wants Apple Watch-Loving Americans to Go Back in Time
The Swiss watchmaker plans to focus on the US market despite limited demand for luxury timepieces.
Luxury
Luxury Stocks Might Be Affected by South Korean Airlines
Asiana Airlines will stop carrying commercial baggage on passenger flights bound for Hong Kong and mainland China.
Luxury Stocks Might Be Affected by South Korean Airlines
Asiana Airlines will stop carrying commercial baggage on passenger flights bound for Hong Kong and mainland China.
The News in Brief
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.
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.