Harper’s Bazaar to Launch Philippine Edition
Hearst Magazines International is partnering with Philippine media group AGC Power Holdings to launch the fashion title in November 2027.
Basel, Switzerland
Luxury
The Art Basel Vibe Shift
While sales at this year’s fair were uneven, newer players, platforms and art forms offered cause for optimism in a stagnant sector, writes Marc Spiegler.
Luxury
Dealers at Art Basel Sidestep Politics, Reap Rewards
The fair featured mostly safe, apolitical works, which appeared to play to the mood of buyers.
Luxury
Can Baselworld Catch Up With the Times?
The watch industry's biggest trade fair is promising an overhaul as attendance plummets. But as brands rely more on direct sales, some question the need for an annual gathering at all.
Luxury
Swiss Watchmakers Say Slowing Growth in China Won't Hurt Sales
Swiss watchmakers are confident they can grow sales this year even in the face of a cooling Chinese economy thanks to strengthening demand elsewhere, executives told Reuters at an industry fair on Thursday.
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Luxury
Millennials Love Gucci and Louis Vuitton
Eighteen to 35 year olds contributed 85 percent of luxury growth last year, finds a new report by UBS.
News & Analysis
As Trade War Looms, Duty-Free Retailer Dufry Sees Opportunities
The world’s largest duty-free seller would gain amid new tariffs.
Sustainability
Why the Jewellery Industry Should Engage with the UN Sustainable Development Goals
How can the jewellery industry engage with the UN’s 17 Sustainable Development Goals? BoF hosted a panel discussion in partnership with Chopard to investigate, featuring Cherie Blair, the UN’s Lene Wendland and Phillipe Fornier, general secretary of the Swiss Better Gold Association, among other esteemed peers.
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.
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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?
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.
Marketing
Distress in the $80 Billion Diamond Market
Plunging diamond prices are causing hardship for people throughout the global supply chain from big mining operators in Africa, Russia and Canada to small-scale cutters and traders across Europe and Asia.
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.
The News in Brief
Sycamore Said to Near Deal to Sell Boots
The private equity firm is nearing a deal, valued at $9 billion, to sell the UK health and beauty retail business to the Canadian branch of the billionaire Weston family, a source told Bloomberg.
Pandora Opens World’s Largest Jewellery Factory in Vietnam
The $150 million plant is the Danish jewellers first outside of Thailand, part of a bid to diversify its manufacturing footprint and boost supply-chain resilience.
Luca de Meo Says Italy Remains Key, Rules Out Production Shift
The Kering CEO also denied any interest in buying a minority stake in Armani, adding that the group was focusing on other challenges.
H&M, Adidas and Inditex Back New Effort to Address ‘Waste Colonialism’
The new initiative will explore how the industry can take responsibility for the millions of used and unsold garments exported to secondhand markets around the world.
Dyson’s $499 AI Toothbrush Sees Rocky Debut
The UK firm blamed a production error resulting in ‘water seepage’ for the disappearance of its newly launched camera-equipped toothbrush from stores.
Sephora to Launch at Marks & Spencer
‘Sephora at M&S’ will roll out in M&S stores and online starting next spring, with plans to expand to 100 locations by the end of 2028.
Novo Buys Rights to Early Obesity Pill For $2.6 Billion
The Wegovy maker has signed a deal to license an experimental obesity pill from China’s Jiangsu Hengrui Pharmaceuticals as it seeks to regain share of the global GLP-1 market.