Olaplex Names New CEO
Christoph Kaul will succeed Amanda Baldwin, who led the hair care label through its acquisition by Henkel earlier this year.
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
Perelel Expands C-Suite, Tapping Rare Beauty’s CMO
Known for its prenatal vitamins, the wellness label has hired Rare Beauty's Ashley Murphy as its chief marketing officer, while Anjelika Temple moves into the chief creative officer role.
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.
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.