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.
watches
Luxury
Richemont Buys Back More Unsold Watches, Holding Back Profit
Shares slumped as much as 7 percent as earnings missed estimates.
Richemont Buys Back More Unsold Watches, Holding Back Profit
Shares slumped as much as 7 percent as earnings missed estimates.
News & Analysis
Richemont Launches Lower Priced Watch Brand, Baume
The luxury-goods group, whose watch business consists of high-end brands, is launching trendy timepieces in a bid to attract young consumers.
Richemont Launches Lower Priced Watch Brand, Baume
The luxury-goods group, whose watch business consists of high-end brands, is launching trendy timepieces in a bid to attract young consumers.
Luxury
Swiss Watchmakers Are Targeting Teens
After falling behind with millennials, the industry tries to secure a future generation of customers via school sponsorships and social media strategies.
Swiss Watchmakers Are Targeting Teens
After falling behind with millennials, the industry tries to secure a future generation of customers via school sponsorships and social media strategies.
News & Analysis
Swatch CEO Sees Double-Digit Growth Continuing This Year
Swatch's bullish outlook came as the Swiss watch industry reported March exports rose 4.8 percent compared with a year earlier.
Swatch CEO Sees Double-Digit Growth Continuing This Year
Swatch's bullish outlook came as the Swiss watch industry reported March exports rose 4.8 percent compared with a year earlier.
China
Audemars Piguet on Track to Hit $1 Billion in Sales This Year
The watchmaker also launched its first online pop-up boutique with Chinese e-commerce platform JD.com, hoping to tap into China's burgeoning middle class who are increasingly shopping online.
Audemars Piguet on Track to Hit $1 Billion in Sales This Year
The watchmaker also launched its first online pop-up boutique with Chinese e-commerce platform JD.com, hoping to tap into China's burgeoning middle class who are increasingly shopping online.
Luxury
Luxury Watchmakers Step Up E-Commerce Investment
Courting younger shoppers, brands are joining an online push sweeping the luxury goods world, where web sales are already major growth drivers for fashion labels.
Luxury Watchmakers Step Up E-Commerce Investment
Courting younger shoppers, brands are joining an online push sweeping the luxury goods world, where web sales are already major growth drivers for fashion labels.
News & Analysis
Improving Swiss Watch Exports Lift Mood at Baselworld
Exports are up 12.9 percent year-on-year confirming gradual industry recovery, fuelled by demand from Chinese shoppers.
Improving Swiss Watch Exports Lift Mood at Baselworld
Exports are up 12.9 percent year-on-year confirming gradual industry recovery, fuelled by demand from Chinese shoppers.
News & Analysis
Swatch Says Its Low-End Brands Are Sweeping Up Market Share
Switzerland’s largest watchmaker reported an increase in profit for the first time in four years, thanks to growth at Tissot and its namesake brand.
Swatch Says Its Low-End Brands Are Sweeping Up Market Share
Switzerland’s largest watchmaker reported an increase in profit for the first time in four years, thanks to growth at Tissot and its namesake brand.
Luxury
Luxury Watchmaker Audemars Piguet Embraces Second Hand
Audemars Piguet said it would launch a second-hand business this year, becoming the first big brand to announce plans to tap into a fast-growing market for pre-owned premium watches.
Luxury Watchmaker Audemars Piguet Embraces Second Hand
Audemars Piguet said it would launch a second-hand business this year, becoming the first big brand to announce plans to tap into a fast-growing market for pre-owned premium watches.
Luxury
Stock Levels at Watch Retailers Still Too High
Robust recovery in luxury watch sales may be some way off as Swiss watchmakers emerge from a severe downturn.
Stock Levels at Watch Retailers Still Too High
Robust recovery in luxury watch sales may be some way off as Swiss watchmakers emerge from a severe downturn.
News & Analysis
Cartier CEO Says Watch Inventory Levels Are Healthy
The brand no longer needs to carry out buybacks in order to balance out stock levels globally, said Cyrille Vigneron, the head of the Richemont-owned label.
Cartier CEO Says Watch Inventory Levels Are Healthy
The brand no longer needs to carry out buybacks in order to balance out stock levels globally, said Cyrille Vigneron, the head of the Richemont-owned label.
News & Analysis
Montblanc Expands Sports Watches in Rolex and Breitling Price Range
The Richemont-owned brand is introducing a line of Timewalker sports watches with a mountain-climbing theme this year, sharpening its focus on the €4,000 to €6,000 price range.
Montblanc Expands Sports Watches in Rolex and Breitling Price Range
The Richemont-owned brand is introducing a line of Timewalker sports watches with a mountain-climbing theme this year, sharpening its focus on the €4,000 to €6,000 price range.
The News in Brief
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.
Zalando Forecasts 2026 Profit Jump Driven by AI Boost
The European retailer forecast a rise in full-year adjusted operating profit and announced a share buyback, citing the productivity and cost-saving benefits of AI.
Lululemon Founder Warns CEO Candidates That Board Needs Overhaul
Chip Wilson wrote an open letter to potential candidates for the activewear brand’s next chief executive warning them of problems at the company.