Shein Discloses FTC Probe in US, Warns of Significant Payments
According to documents the ultra-fast-fashion company filed in connection with its planned Hong Kong IPO, Shein is cooperating with the investigation and could face significant fines.
watches
Direct-to-Consumer
Case Study | Building a DTC Challenger Brand
Fashion entrepreneurs need a new playbook to launch, scale and differentiate their companies, as regulations and rising costs mean performance marketing can no longer serve the critical role it once did for DTC brands. Finding the right positioning and capturing market share can mean going back to the brand-building basics, as BoF profiles of Gymshark, Hodinkee and Mejuri show.
Case Study | Building a DTC Challenger Brand
Fashion entrepreneurs need a new playbook to launch, scale and differentiate their companies, as regulations and rising costs mean performance marketing can no longer serve the critical role it once did for DTC brands. Finding the right positioning and capturing market share can mean going back to the brand-building basics, as BoF profiles of Gymshark, Hodinkee and Mejuri show.
Luxury
As Travel Booms, Fashion’s Hospitality Ambitions Heat Up
As travel bounces back after two-plus years of limited trips, fashion-branded hotels have gained fresh momentum.
As Travel Booms, Fashion’s Hospitality Ambitions Heat Up
As travel bounces back after two-plus years of limited trips, fashion-branded hotels have gained fresh momentum.
Luxury
Richemont Sells Stake in Swiss Watchmaker Greubel Forsey
Founders Robert Greubel and Stephen Forsey, along with chief executive officer Antonio Calce, are now the shareholders of the brand, Greubel Forsey said Thursday. Financial terms were not disclosed.
Richemont Sells Stake in Swiss Watchmaker Greubel Forsey
Founders Robert Greubel and Stephen Forsey, along with chief executive officer Antonio Calce, are now the shareholders of the brand, Greubel Forsey said Thursday. Financial terms were not disclosed.
Luxury
Swiss Bans Luxury Watch Exports to Russia, Matching EU Measures
Switzerland’s Federal Council decided Friday to adopt the measures which will come into force in the next few days, the government said in a statement.
Swiss Bans Luxury Watch Exports to Russia, Matching EU Measures
Switzerland’s Federal Council decided Friday to adopt the measures which will come into force in the next few days, the government said in a statement.
Luxury
Swiss Watch Exports Surge 25% In February as US Drives Demand
The US remained the top market with a 15 percent share while China accounted for almost 12 percent of the nearly 2 billion francs ($2.1 billion) in total monthly exports, the Federation of the Swiss Watch Industry said Thursday.
Swiss Watch Exports Surge 25% In February as US Drives Demand
The US remained the top market with a 15 percent share while China accounted for almost 12 percent of the nearly 2 billion francs ($2.1 billion) in total monthly exports, the Federation of the Swiss Watch Industry said Thursday.
Workplace & Talent
Hodinkee Hires Farfetch’s Jeffery Fowler as CEO
The executive handoff comes as the online destination for watch superfans looks to expand its e-commerce business, which has surpassed $100 million in annual sales.
Hodinkee Hires Farfetch’s Jeffery Fowler as CEO
The executive handoff comes as the online destination for watch superfans looks to expand its e-commerce business, which has surpassed $100 million in annual sales.
Global Markets
Swatch Group Reverses Course and Suspends Sales in Russia
The move comes after the watchmaker said last week that it would continue operating stores in Russia, while halting exports to that country.
Swatch Group Reverses Course and Suspends Sales in Russia
The move comes after the watchmaker said last week that it would continue operating stores in Russia, while halting exports to that country.
Global Markets
Rich Russians Spend Big on Luxury to Stop Savings Melting Away
As sanctions take their toll, Russia’s wealthy are turning to luxury jewellery and watches in a bid to preserve the value of their savings.
Rich Russians Spend Big on Luxury to Stop Savings Melting Away
As sanctions take their toll, Russia’s wealthy are turning to luxury jewellery and watches in a bid to preserve the value of their savings.
Luxury
Repurposing Family Jewellery Is Becoming a Big Business
A handful of small boutique jewellery companies have recently been focussing on custom pieces that repurpose gemstones, as shoppers look to redesign jewellery they already own or have inherited.
Repurposing Family Jewellery Is Becoming a Big Business
A handful of small boutique jewellery companies have recently been focussing on custom pieces that repurpose gemstones, as shoppers look to redesign jewellery they already own or have inherited.
Luxury
Audemars Piguet to Boost Production as Brand Vies With Patek Philippe
The company expects to make 50,000 watches this year, up from 45,000 sold in 2021, it said in an emailed response to questions.
Audemars Piguet to Boost Production as Brand Vies With Patek Philippe
The company expects to make 50,000 watches this year, up from 45,000 sold in 2021, it said in an emailed response to questions.
Topics
LVMH’s Hublot to Raise Watch Prices as Inflation Hits Luxury
The Swiss watchmaker is boosting prices for all of its timepieces, Hublot Chief Executive Officer Ricardo Guadalupe said.
LVMH’s Hublot to Raise Watch Prices as Inflation Hits Luxury
The Swiss watchmaker is boosting prices for all of its timepieces, Hublot Chief Executive Officer Ricardo Guadalupe said.
Luxury
The Luxury Watch Craze, By the Numbers
Pricey watches like Rolex, Patek Philippe and Audemars Piguet are flying off the shelves while customers leave their cheaper counterparts behind.
The Luxury Watch Craze, By the Numbers
Pricey watches like Rolex, Patek Philippe and Audemars Piguet are flying off the shelves while customers leave their cheaper counterparts behind.
The News in Brief
Frasers Group Takes a Position in Burberry
The billionaire Mike Ashley’s investment arm disclosed Tuesday it holds an interest worth a potential 4.2 percent of the voting rights in Burberry.
EssilorLuxottica Beats Forecasts, AI Glasses and Myopia Products Drive Growth
The Franco-Italian eyewear maker reported a 15 percent rise in first-half profit, beating expectations, while revenue growth was driven by strong demand for AI-enabled glasses myopia products.
Whoop Names Kyle Leahy Chief Commercial Officer
Leahy joins the wearables brand from Glossier, where she was chief executive for three years.
Chinese Jeweller Laopu Gold’s Shares Drop on Growth Outlook
The jeweller lost $2.1 billion in market value after forecasting first-half 2026 revenue growth of up to 66 percent, a sharp slowdown from last year that unsettled investors in one of China’s most viral consumer brands.
Unilever Lifts Outlook on Strongest Volume Growth in Over A Decade
Unilever upgraded its annual forecast on Tuesday, as consumers reached for brands like Vaseline and Dove despite household budget concerns stemming from the Iran war.
J&J to Pay $5.5 Billion to Settle Talc-Related Cancer Claims
Johnson & Johnson on Monday said it agreed to a $5.5 billion commitment to resolve years of litigation related to claims that its talc products caused ovarian cancer.
Lenzing Closes UK, Austria Sites in Turnaround Bid
The closures are the latest in a series of cost-cutting and refinancing measures at the textile maker, which has faced headwinds from competition in China and India.