On Sneaker Brand’s Shares Slump After Sales Disappoint
The Swiss brand's stock tumbled after it posted disappointing second-quarter sales and issued a slightly more cautious sales forecast for the year.
watches
Global Markets
Chinese Market to Stabilize in 2015, LVMH’s Watch Chief Says
China’s luxury watch market will stabilize in 2015 as the industry recovers from last year’s decline in demand from high-end customers, according to Jean-Claude Biver, head of LVMH Moet Hennessy Louis Vuitton SA’s timepiece unit.
Chinese Market to Stabilize in 2015, LVMH’s Watch Chief Says
China’s luxury watch market will stabilize in 2015 as the industry recovers from last year’s decline in demand from high-end customers, according to Jean-Claude Biver, head of LVMH Moet Hennessy Louis Vuitton SA’s timepiece unit.
Retail
Roger Dubuis May Raise Watch Prices After Euro Cap
Roger Dubuis, a Swiss watchmaker owned by Cie. Financiere Richemont SA, anticipates increasing prices in the euro zone by 7 percent in reaction to the Swiss National Bank’s Jan. 15 decision to exit a three-year-old euro cap.
Roger Dubuis May Raise Watch Prices After Euro Cap
Roger Dubuis, a Swiss watchmaker owned by Cie. Financiere Richemont SA, anticipates increasing prices in the euro zone by 7 percent in reaction to the Swiss National Bank’s Jan. 15 decision to exit a three-year-old euro cap.
Marketing
TAG Heuer Casts Aside ‘Swiss Made’ Label to Take On Apple Watch
TAG Heuer is set to enter uncharted territory this year with plans for a smartwatch that will be its only timepiece developed outside Switzerland.
TAG Heuer Casts Aside ‘Swiss Made’ Label to Take On Apple Watch
TAG Heuer is set to enter uncharted territory this year with plans for a smartwatch that will be its only timepiece developed outside Switzerland.
Global Markets
Hong Kong Luxury Watch Retailers Face SNB Blow
The franc’s record surge may prompt luxury watch retailers in Hong Kong to absorb some of the price increase from Switzerland’s high-end timepiece makers as demand stays weak amid a slowing Chinese economy.
Hong Kong Luxury Watch Retailers Face SNB Blow
The franc’s record surge may prompt luxury watch retailers in Hong Kong to absorb some of the price increase from Switzerland’s high-end timepiece makers as demand stays weak amid a slowing Chinese economy.
China
Richemont Reports Weakest Christmas Quarter in Six Years
Richemont, the maker of Cartier jewelry, reported its weakest Christmas quarter in six years as protests in Hong Kong disrupted sales in the biggest market for Swiss watches.
Richemont Reports Weakest Christmas Quarter in Six Years
Richemont, the maker of Cartier jewelry, reported its weakest Christmas quarter in six years as protests in Hong Kong disrupted sales in the biggest market for Swiss watches.
News & Analysis
Swatch Loses $24.3 Million Fight With UBS
Swatch Group AG, Switzerland’s biggest watchmaker, lost its court bid to recoup 24.8 million Swiss francs ($24.3 million) of losses from investments with UBS Group AG that turned sour.
Swatch Loses $24.3 Million Fight With UBS
Swatch Group AG, Switzerland’s biggest watchmaker, lost its court bid to recoup 24.8 million Swiss francs ($24.3 million) of losses from investments with UBS Group AG that turned sour.
Technology
US Consumers Warm to Wearable Tech, Europeans Cooler
Consumers are warming to the idea that wearing a computer on their wrists or clothing may not be the fashion faux pas that early clunky prototypes led many to fear, with 2015 poised to be a breakout for the much-hyped trend.
US Consumers Warm to Wearable Tech, Europeans Cooler
Consumers are warming to the idea that wearing a computer on their wrists or clothing may not be the fashion faux pas that early clunky prototypes led many to fear, with 2015 poised to be a breakout for the much-hyped trend.
China
The China Edit | Sephora Lawsuit, Black Friday, Chow Tai Fook Jewellery, Smog Masks
The China Edit is a weekly curation of the most important fashion business news and analysis from and about the world’s largest luxury market.
The China Edit | Sephora Lawsuit, Black Friday, Chow Tai Fook Jewellery, Smog Masks
The China Edit is a weekly curation of the most important fashion business news and analysis from and about the world’s largest luxury market.
News & Analysis
For Fashion Brands, the Rise of the Wrist
For fashion brands, watches have emerged as a key vector of growth, often powered by licensing deals with Fossil Group, a watchmaking behemoth that designs, manufactures, distributes and markets million of watches per year.
For Fashion Brands, the Rise of the Wrist
For fashion brands, watches have emerged as a key vector of growth, often powered by licensing deals with Fossil Group, a watchmaking behemoth that designs, manufactures, distributes and markets million of watches per year.
Technology
Bits & Bytes | Wearables, Cloth Inc, Image Recognition, Apple Watch, StyleHaul
Bits & Bytes is a weekly roundup of the most important news in the fast evolving fashion-tech space.
Bits & Bytes | Wearables, Cloth Inc, Image Recognition, Apple Watch, StyleHaul
Bits & Bytes is a weekly roundup of the most important news in the fast evolving fashion-tech space.
Luxury
Swatch Says It Could Form Smartwatch Cooperation Agreements
ZURICH, Switzerland — Swatch Group AG, the biggest Swiss watchmaker, said it doesn't rule out forming agreements with consumer-electronics companies
Swatch Says It Could Form Smartwatch Cooperation Agreements
ZURICH, Switzerland — Swatch Group AG, the biggest Swiss watchmaker, said it doesn't rule out forming agreements with consumer-electronics companies
China
The China Edit | Luxury Watches in Hong Kong, Golden Week, Instantluxe
" How The Hong Kong Protests Will Impact The Luxury Watch Industry" (Financial T imes) "As a bastion of free market economics and a friend to
The China Edit | Luxury Watches in Hong Kong, Golden Week, Instantluxe
" How The Hong Kong Protests Will Impact The Luxury Watch Industry" (Financial T imes) "As a bastion of free market economics and a friend to
The News in Brief
Natura Posts 92% Decline in Quarterly Profit
Brazilian cosmetic maker Natura on Monday posted a second-quarter net profit of 35 million reais ($6.85 million), a 92.1 percent decline from the same period in 2025.
Report: Armani Stake Sale Could Be Delayed Beyond March 2027 Deadline
Citing company sources, Italian newspaper Corriere della Sera said market conditions for the luxury industry were still challenging and negotiating a deal could require time.
Shein to Launch IPO as Soon as August 19, Sources Say
The Hong Kong IPO could take place as soon as Wednesday of next week, two people with knowledge of the matter said on Tuesday.
John Lewis Managing Director Quits Job After Less Than Three Years
Peter Ruis' surprise departure comes as the company faces “really tough” trading conditions.
Harvey Nichols Warns It Could Collapse Without Rescue Deal
The upscale department store says it will not be able to survive another year without new investment, as bidders for the chain circle.
Shein IPO Value Could Fall Short of $30 Billion Targeted by Some Investors
Bloomberg Intelligence estimates the ultra-fast fashion retailer supports a valuation of $22 billion to $25 billion, well below the roughly $30 billion valuation some investors have pushed for.
Thom Bettridge to Step Down as I-D Editor in Chief
Global editorial director Steff Yotka will succeed Bettridge, who is leaving to focus on his creative studio Content World.