Tapestry Forecasts Strong Annual Profit as Coach Remains Hot
Resilient demand for Coach bags among young and affluent shoppers helped buoy the group, but weakness at Kate Spade led the company to forecast muted annual revenue.
watches
Global Markets
Slowing Swiss Watch Growth Leads to Job Cuts at LVMH’s Tag Heuer
ZURICH, Switzerland — The Swiss watch market is growing at a slower pace than expected, leading to reduced production and job cuts at the Tag Heuer
Slowing Swiss Watch Growth Leads to Job Cuts at LVMH’s Tag Heuer
ZURICH, Switzerland — The Swiss watch market is growing at a slower pace than expected, leading to reduced production and job cuts at the Tag Heuer
Technology
Apple Watch Threatens Mid-Range Swiss Brands
Swatch Group AG’s Tissot T-Touch Expert Solar watch has a compass, tells the altitude and runs on solar power. It costs $1,250 — more than three times the smartwatch Apple Inc. unveiled yesterday, putting it squarely in the crosshairs of the tech giant’s latest gizmo.
Apple Watch Threatens Mid-Range Swiss Brands
Swatch Group AG’s Tissot T-Touch Expert Solar watch has a compass, tells the altitude and runs on solar power. It costs $1,250 — more than three times the smartwatch Apple Inc. unveiled yesterday, putting it squarely in the crosshairs of the tech giant’s latest gizmo.
Technology
6 Core Beliefs Behind the New 'Apple Watch'
Today, as Apple unveils its much-awaited Watch, BoF has the early scoop. Here, we explain the new wearable device, Apple’s strategy for turning the product into another blockbuster and its potential impact on the fashion and luxury industry.
6 Core Beliefs Behind the New 'Apple Watch'
Today, as Apple unveils its much-awaited Watch, BoF has the early scoop. Here, we explain the new wearable device, Apple’s strategy for turning the product into another blockbuster and its potential impact on the fashion and luxury industry.
Technology
Apple Hires Renowned Designer Marc Newson
Apple Inc. hired renowned industrial designer Marc Newson to work on future products, adding a close friend and collaborator of the iPhone maker’s head of design, Jony Ive.
Apple Hires Renowned Designer Marc Newson
Apple Inc. hired renowned industrial designer Marc Newson to work on future products, adding a close friend and collaborator of the iPhone maker’s head of design, Jony Ive.
Technology
Apple Courts Fashionistas as Smartwatch Expectations Mount
Apple has invited fashion editors and bloggers to its annual launch event in unprecedented numbers, possibly indicating the iPhone maker's plans to debut a smartwatch.
Apple Courts Fashionistas as Smartwatch Expectations Mount
Apple has invited fashion editors and bloggers to its annual launch event in unprecedented numbers, possibly indicating the iPhone maker's plans to debut a smartwatch.
Technology
Will Apple’s 'iWatch' Rattle Luxury Watchmakers?
Apple’s much-anticipated wearable device, which will reportedly debut this fall, may not pose a direct threat to luxury watchmakers. But it does signal opportunity.
Will Apple’s 'iWatch' Rattle Luxury Watchmakers?
Apple’s much-anticipated wearable device, which will reportedly debut this fall, may not pose a direct threat to luxury watchmakers. But it does signal opportunity.
News & Analysis
Ralph’s American dream, Hermès battle continues, Flash sites a boon to new designers, Collecting time, Judith Leiber
Oprah salutes Ralph Lauren and the American dream (LA Times) "So few people, in these starkly striated economic times, during which the barriers
Ralph’s American dream, Hermès battle continues, Flash sites a boon to new designers, Collecting time, Judith Leiber
Oprah salutes Ralph Lauren and the American dream (LA Times) "So few people, in these starkly striated economic times, during which the barriers
The News in Brief
US Seeks Sentence for Founder of Fashion-Tech Company CaaStle
Prosecutors compared Christine Hunsicker to Elizabeth Holmes as they sought a 12.5 year prison sentence in the $300 million securities fraud case.
Shein Loses UK Copyright Lawsuit Against Temu Over Clothing Photos
The ultra-fast fashion platform lost the first round of a London legal battle against its rival for alleged copyright infringement in relation to photos of some of its products.
Birkenstock Nudges Forecast Higher on Solid Sandal Demand
The German brand bumped its sales forecast to the upper limit of its target range and posted strong quarterly earnings as consumers snapped up its sandals and clogs.
Richemont’s Panerai Brand Gets No Relief From Luxury Watch Revival
As the secondary market for timepieces rebounds, Cartier is grabbing buyer attention and there’s renewed enthusiasm around Vacheron Constantin, throwing the lack of interest in Panerai into stark contrast.
Allies of Skin’s Founder Nicolas Travis Has Resigned
The Singapore-based luxury skincare brand has also appointed Alicia Valencia as interim president.
Fabletics Seeks to Double Revenue to $2 Billion in Global Expansion
The US-based activewear brand plans to double annual revenue to $2 billion within five years, in part by opening dozens of new stores in markets such as India, Mexico and the United Arab Emirates.
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.