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
Retail
Dutch Court Backs Swatch in $400 Million Row With Tiffany
An arbitration panel in the Netherlands had ordered Tiffany in December 2013 to pay Swatch $404.5 million in damages over the aborted project to produce and market watches.
Dutch Court Backs Swatch in $400 Million Row With Tiffany
An arbitration panel in the Netherlands had ordered Tiffany in December 2013 to pay Swatch $404.5 million in damages over the aborted project to produce and market watches.
News & Analysis
For Luxury Watchmakers, Grey Market Is a Necessary Evil
Unsold timepieces are finding their way from the industry's carefully controlled official retail networks to online platforms where they are often offered at steep discounts
For Luxury Watchmakers, Grey Market Is a Necessary Evil
Unsold timepieces are finding their way from the industry's carefully controlled official retail networks to online platforms where they are often offered at steep discounts
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.
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.
Technology
Swatch to Launch Smartwatch Operating System by 2018
The world's biggest watchmaker has previously been skeptical about smartwatches and has so far launched watches with limited connected features under its Tissot and Swatch brands.
Swatch to Launch Smartwatch Operating System by 2018
The world's biggest watchmaker has previously been skeptical about smartwatches and has so far launched watches with limited connected features under its Tissot and Swatch brands.
Retail
Swatch Sees Rebound in US, Europe as Watch Sales Improve
The watchmaker forecast a rebound in US and European markets, adding to further signals that the industry’s longest slump on record may be ending.
Swatch Sees Rebound in US, Europe as Watch Sales Improve
The watchmaker forecast a rebound in US and European markets, adding to further signals that the industry’s longest slump on record may be ending.
Luxury
TAG Heuer Sees Higher Sales on New Smartwatch, China
The Swiss watch brand expects to build on last year’s double-digit sales growth in 2017, supported by an upgraded smartwatch and healthier demand in China, the biggest market for luxury timepieces.
TAG Heuer Sees Higher Sales on New Smartwatch, China
The Swiss watch brand expects to build on last year’s double-digit sales growth in 2017, supported by an upgraded smartwatch and healthier demand in China, the biggest market for luxury timepieces.
Luxury
Vacheron Constantin Makes Online Debut With $45,000 Watches
Swiss watchmakers have been increasingly embracing e-commerce to reach a younger clientele that is less interested in wearing watches.
Vacheron Constantin Makes Online Debut With $45,000 Watches
Swiss watchmakers have been increasingly embracing e-commerce to reach a younger clientele that is less interested in wearing watches.
Luxury
Report: Four Richemont Brand CEOs Including Dunhill to Depart
Richemont plans to name new chief executive officers for four of its luxury brands including Vacheron Constantin and Dunhill, according to a person familiar with the situation.
Report: Four Richemont Brand CEOs Including Dunhill to Depart
Richemont plans to name new chief executive officers for four of its luxury brands including Vacheron Constantin and Dunhill, according to a person familiar with the situation.
News & Analysis
Swiss Watchmakers Cautiously Optimistic for US, China in 2017
Luxury watchmakers have been grappling with a combination of weak demand in Hong Kong and the United States, and Chinese tourists avoiding Europe for fear of militant attacks.
Swiss Watchmakers Cautiously Optimistic for US, China in 2017
Luxury watchmakers have been grappling with a combination of weak demand in Hong Kong and the United States, and Chinese tourists avoiding Europe for fear of militant attacks.
Luxury
Richemont, Swatch Rally, Bodes Well for Watches
Richemont advanced as much as 9.4 percent to a one-year high after a gain in sales of timepieces at the Cartier maker’s own stores signalled that wholesale orders may stop declining.
Richemont, Swatch Rally, Bodes Well for Watches
Richemont advanced as much as 9.4 percent to a one-year high after a gain in sales of timepieces at the Cartier maker’s own stores signalled that wholesale orders may stop declining.
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.