Swiss Watch Exports Grow for Fourth Month, Overcoming US Slump
Exports in August were buoyed by China and Japan, despite a sharp decline in shipments to the US.
Domat, Switzerland
Technology
How Modern Entrepreneurs Are Made
Founders are no doubt a rare breed driven by instinct, ambition, appetite for risk and a nose for opportunity. But the enduring notion that entrepreneurs are born, and not made, is as full of myth as trite phrases like ‘lightbulb moments’ and ‘ripping up the rulebook.’
How Modern Entrepreneurs Are Made
Founders are no doubt a rare breed driven by instinct, ambition, appetite for risk and a nose for opportunity. But the enduring notion that entrepreneurs are born, and not made, is as full of myth as trite phrases like ‘lightbulb moments’ and ‘ripping up the rulebook.’
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The News in Brief
Alexandre Arnault Joins Nike’s Board of Directors
The LVMH executive joins Nike’s board as the sportswear giant prepares to be removed from the S&P 100 index after nearly two decades.
Matthieu Blazy, Sarah Burton, Haider Ackermann Among Nominees for BFC Designer of the Year
The Fashion Awards ceremony, set for Nov. 30, will also recognise the BFC’s second Vanguard award recipient, recognising emerging British design talent.
Supergoop Announces Chief Commercial Officer
The sunscreen label has appointed former Coty executive Jamie Parker to the newly created role as it gears up to become a “global skin health company.”
Mytheresa Owner’s Sales Rise as Ultra Wealthy Keep Shopping
LuxExperience posted a rise in sales as the luxury multibrand platform’s strategy of catering to the ultra wealthy helped it navigate a difficult environment for high-end fashion.
The Independents Acquires Production Studio Smuggler
The global collective has brought film studio Smuggler under its umbrella to bolster its entertainment capabilities.
L’Oréal Steals French Stock Market Crown From LVMH
The cosmetics group became France’s most valuable listed company on Tuesday, the first time since 2017 that a non-luxury company has claimed the top spot at the end of a trading day.
Authentic Brands Targets Creator Economy, Eyes Public Offering
The licensor could pursue an IPO as early as the first half of next year.