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.
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Latest News & Analysis
Fashion Week
Kanye West’s Paris Fashion Week Surprise
This week, everyone will be talking about Kanye West at Paris Fashion Week, the watch industry's troubles and the coronavirus' financial impact. Get your BoF Professional Cheat Sheet.
Kanye West’s Paris Fashion Week Surprise
This week, everyone will be talking about Kanye West at Paris Fashion Week, the watch industry's troubles and the coronavirus' financial impact. Get your BoF Professional Cheat Sheet.
Global Markets
Swatch Group Braces for Hong Kong Slump
The Swiss watchmaker's sales took a hit, dropping 2.7 percent amid ongoing political unrest in Hong Kong.
Swatch Group Braces for Hong Kong Slump
The Swiss watchmaker's sales took a hit, dropping 2.7 percent amid ongoing political unrest in Hong Kong.
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.
Technology
Google Spends $40 Million on Watch Tech to Fight Apple
The Alphabet Inc. unit agreed to acquire Fossil Group intellectual property in a bid to boost the search giant’s nascent efforts in the category.
Google Spends $40 Million on Watch Tech to Fight Apple
The Alphabet Inc. unit agreed to acquire Fossil Group intellectual property in a bid to boost the search giant’s nascent efforts in the category.
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Technology
Bits & Bytes | H&M Tests Interactive Mirrors, Luxury Brands Use Apps for Event Spaces
This week, H&M tries facial recognition mirrors in its New York flagship store, while location finding apps become a growing phenomena for luxury brands.
Bits & Bytes | H&M Tests Interactive Mirrors, Luxury Brands Use Apps for Event Spaces
This week, H&M tries facial recognition mirrors in its New York flagship store, while location finding apps become a growing phenomena for luxury brands.
News & Analysis
Hublot Debuts $5,200 Luxury Smartwatch
The limited edition model will be the LVMH-owned watchmaker's first smartwatch, linked to the FIFA World Cup soccer tournament later this year.
Hublot Debuts $5,200 Luxury Smartwatch
The limited edition model will be the LVMH-owned watchmaker's first smartwatch, linked to the FIFA World Cup soccer tournament later this year.
News & Analysis
Fossil Plunges as 'Unprecedented Disruption' Rocks Watch Company
The watchmaker plans to release 300 new products and shutter underperforming stores, after predictions that sales will decline more than eight percent this year.
Fossil Plunges as 'Unprecedented Disruption' Rocks Watch Company
The watchmaker plans to release 300 new products and shutter underperforming stores, after predictions that sales will decline more than eight percent this year.
Luxury
Watchmakers Can't Catch a Break as China Slump Moves to US
Swiss watchmakers have been caught off-guard as demand keeps sinking this year in the US, which is key for Rolex, LVMH’s TAG Heuer and Richemont’s Baume & Mercier.
Watchmakers Can't Catch a Break as China Slump Moves to US
Swiss watchmakers have been caught off-guard as demand keeps sinking this year in the US, which is key for Rolex, LVMH’s TAG Heuer and Richemont’s Baume & Mercier.
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Luxury
Montblanc Launched a Smartwatch. Here's Why It Matters
The company hopes to attract a mix of loyalists and also millennials who aren't necessarily accustomed to wearing anything on their wrists but who might try out a unique-looking smartwatch.
Montblanc Launched a Smartwatch. Here's Why It Matters
The company hopes to attract a mix of loyalists and also millennials who aren't necessarily accustomed to wearing anything on their wrists but who might try out a unique-looking smartwatch.
Technology
Swiss Smartwatches Multiply as Makers Hunt Millennials
With the flurry of new gadgets, watchmakers are trying to attract millennial shoppers in the middle of the longest downturn on record for the Swiss industry.
Swiss Smartwatches Multiply as Makers Hunt Millennials
With the flurry of new gadgets, watchmakers are trying to attract millennial shoppers in the middle of the longest downturn on record for the Swiss industry.
News & Analysis
TAG Heuer Sales to Rise at Least 10 Percent This Year
The head of luxury group LVMH's Swiss watchmaking business expects sales of the TAG Heuer brand, which includes "smartwatches" that connect to the Internet, to rise by at least a tenth this year.
TAG Heuer Sales to Rise at Least 10 Percent This Year
The head of luxury group LVMH's Swiss watchmaking business expects sales of the TAG Heuer brand, which includes "smartwatches" that connect to the Internet, to rise by at least a tenth this year.
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?
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?
The News in Brief
Authentic Brands Targets Creator Economy, Eyes Public Offering
The licensor could pursue an IPO as early as the first half of next year.
Vogue Mexico and Latin America Editor-in-Chief Karla Martinez de Salas to Step Down
The industry veteran is joining Latino-focused media platform Avance Global to establish a new lifestyle brand that will span fashion, design, travel, food, culture and entertainment.
Prada Revamps Milan Flagship to Cater to Top Clients and New Shoppers
The group is hoping the renovated eight-level complex can generate €100 million in annual revenue, chief executive Andrea Guerra told Reuters.
JD Sports Names New North America CEO, Chief Marketing Officer
The sneaker retailer is shaking up its North American leadership as it looks to reverse soft sales and an extended slump in the stock market.
Top Africa Clothes Retailer Pepkor Sinks on Earnings Outlook
Shares in the South African discount clothing retailer fell the most in more than three years, as an expansion into banking weighed on profit forecasts.
Kimberly-Clark Prepares Asset Sales to Win EU Nod for Kenvue Deal
The US consumer goods giant is preparing concessions to address EU antitrust concerns about its bid for Tylenol maker Kenvue that could help it win approval for the $40 billion deal, sources told Reuters.
Kevin.Murphy Appoints New CEO
The Australian hair care brand has named Elisa Fischer its new global chief executive as it looks to push deeper into international markets.