Puma Results Show Progress on Turnaround
The German sports brand posted a narrower loss in the second quarter as it pushed ahead with an effort to restore growth next year.
watches
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.
Luxury
Patek Philippe Says Chinese Demand Still Rising
President Thierry Stern said the Chinese were likely buying more at home due to worries about issues such as stricter border controls.
Patek Philippe Says Chinese Demand Still Rising
President Thierry Stern said the Chinese were likely buying more at home due to worries about issues such as stricter border controls.
News & Analysis
LVMH Watch Brands to Attend Baselworld 2019
The outgoing head of its watch division admitted the world's biggest trade show needs to make changes in 2020 and bring prices down for exhibiting brands.
LVMH Watch Brands to Attend Baselworld 2019
The outgoing head of its watch division admitted the world's biggest trade show needs to make changes in 2020 and bring prices down for exhibiting brands.
The News in Brief
Dsm-Firmenich’s Fragrance-Led Core Profit Beat Sends Shares Higher
Dsm-firmenich beat market expectations for second-quarter core earnings, said full-year sales growth should reach the upper end of its target range on the back of broad-based volume growth.
Reformation Valued at $886 Million in NYSE Debut
The Permira-backed womenswear retailer and some of its shareholders had raised $211 million in its IPO on Wednesday, with shares opening at $15 apiece.
Puig Reports First-Half Revenue Growth After Estée Lauder Talks End
The Spanish beauty company reported first-half revenue growth on strong demand for makeup from Charlotte Tilbury.
Canada Goose Beats Revenue Estimates as Demand Holds Up
The outerwear brand beat expectations for first-quarter revenue, but new US tariffs on Canadian could affect future earnings.
Steven Madden Tops Expectations and Lifts Full-Year Outlook
The retailer raised its full-year revenue forecast again as its integration of luxury brand Kurt Geiger last year provided a tailwind.
Reformation and Its Backers Raise $210.9 Million in IPO
The womenswear brand and shareholders including private-equity backer Permira raised new funds in an IPO that priced shares at the bottom of the marketed range.
Adidas Shares Plunge After World Cup Spend Dents Profit
Shares in the company fell the most on record after its marketing outlay for the World Cup resulted in lower-than-expected quarterly profit.