Zegna Revenues Rise 7.4%
The Italian luxury group’s first-quarter performance surpassed market expectations powered by solid growth in direct-to-consumer sales in the US.
luxury / Watches
Luxury
Gen Z Can’t Get Enough of Teensy ‘Grandma Watches’
Driven by the secondary market and a new generation of female collectors, heritage brands are pivoting to sub-34mm designs to capture a market that values personal style over traditional horological bulk.
Gen Z Can’t Get Enough of Teensy ‘Grandma Watches’
Driven by the secondary market and a new generation of female collectors, heritage brands are pivoting to sub-34mm designs to capture a market that values personal style over traditional horological bulk.
Luxury
What Watch CEOs Said in Geneva
In his latest briefing, watch industry expert Robin Swithinbank reports back from the Watches and Wonders fair. Plus, dissecting the latest Swiss watch export figures.
What Watch CEOs Said in Geneva
In his latest briefing, watch industry expert Robin Swithinbank reports back from the Watches and Wonders fair. Plus, dissecting the latest Swiss watch export figures.
Luxury
Timothée Chalamet Invests in Historic Danish Watchmaker Urban Jürgensen
The actor will work as creative advisor to the family-owned brand while taking a minority investment, marking his first partnership role in a company.
Timothée Chalamet Invests in Historic Danish Watchmaker Urban Jürgensen
The actor will work as creative advisor to the family-owned brand while taking a minority investment, marking his first partnership role in a company.
Luxury
Watches & Wonders: Who’s Here, Who’s Not and What to Expect
In his latest briefing, watches expert Robin Swithinbank takes the temperature as the Swiss watchmaking industry kicks off Geneva Watch Week. Audemars Piguet’s return, heavyweight no-shows, the mood amongst CEOs and more.
Watches & Wonders: Who’s Here, Who’s Not and What to Expect
In his latest briefing, watches expert Robin Swithinbank takes the temperature as the Swiss watchmaking industry kicks off Geneva Watch Week. Audemars Piguet’s return, heavyweight no-shows, the mood amongst CEOs and more.
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Luxury
How to Bring Back a Beloved Watchmaker: The Resurrection of Universal Genève
Breitling CEO Georges Kern wanted to add more to his company’s offering to satisfy its private equity ownership. So he dug into history to find one of the watch collecting community’s favourite lost brands.
How to Bring Back a Beloved Watchmaker: The Resurrection of Universal Genève
Breitling CEO Georges Kern wanted to add more to his company’s offering to satisfy its private equity ownership. So he dug into history to find one of the watch collecting community’s favourite lost brands.
Luxury
Is the Luxury Watches Recovery on Hold Again?
In his latest bi-monthly briefing, watches expert Robin Swithinbank examines how the war in the Middle East is weighing on growth prospects and offers a preview of the sector’s flagship annual fair, Watches & Wonders.
Is the Luxury Watches Recovery on Hold Again?
In his latest bi-monthly briefing, watches expert Robin Swithinbank examines how the war in the Middle East is weighing on growth prospects and offers a preview of the sector’s flagship annual fair, Watches & Wonders.
Luxury
A Tall To-Do List for New TAG Heuer CEO; Richemont’s Survival Recipe
New CEO Béatrice Goasglas’s experience in client relations and the US market will be put to the test at LVMH’s biggest watch brand TAG Heuer. Plus, a sit-down with two Richemont veterans Jaeger-LeCoultre CEO Jérôme Lambert and A. Lange & Söhne CEO Wilhelm Schmid.
A Tall To-Do List for New TAG Heuer CEO; Richemont’s Survival Recipe
New CEO Béatrice Goasglas’s experience in client relations and the US market will be put to the test at LVMH’s biggest watch brand TAG Heuer. Plus, a sit-down with two Richemont veterans Jaeger-LeCoultre CEO Jérôme Lambert and A. Lange & Söhne CEO Wilhelm Schmid.
Luxury
LVMH Names Béatrice Goasglas CEO of Tag Heuer
Goasglas is set to head the luxury conglomerate’s biggest watch label after the sudden exit of former chief executive Antoine Pin in January.
LVMH Names Béatrice Goasglas CEO of Tag Heuer
Goasglas is set to head the luxury conglomerate’s biggest watch label after the sudden exit of former chief executive Antoine Pin in January.
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Luxury
Swatch Group vs Morgan Stanley: It’s Time for Transparency
After Swatch Group launched an attack on Morgan Stanley’s influential annual watch report, Swatch-owned Tissot cracks open the door for a glimpse at some numbers and Robin Swithinbank says it’s time a secretive industry came clean on financials.
Swatch Group vs Morgan Stanley: It’s Time for Transparency
After Swatch Group launched an attack on Morgan Stanley’s influential annual watch report, Swatch-owned Tissot cracks open the door for a glimpse at some numbers and Robin Swithinbank says it’s time a secretive industry came clean on financials.
Luxury
Audemars Piguet’s Plan to Extend Its Winning Streak
The Swiss watchmaker’s revenue grew by 10 percent last year, far outpacing the sector. Robin Swithinbank speaks to CEO Ilaria Resta about how she plans to keep up the momentum.
Audemars Piguet’s Plan to Extend Its Winning Streak
The Swiss watchmaker’s revenue grew by 10 percent last year, far outpacing the sector. Robin Swithinbank speaks to CEO Ilaria Resta about how she plans to keep up the momentum.
Luxury
For Swatch, the Clock Is Ticking on Strategy Overhaul
Once a global pioneer thanks to its affordable, tech-forward plastic watches of the 1980s, the watchmaker has failed to rekindle innovation since the 2010 death of founder Nicolas Hayek.
For Swatch, the Clock Is Ticking on Strategy Overhaul
Once a global pioneer thanks to its affordable, tech-forward plastic watches of the 1980s, the watchmaker has failed to rekindle innovation since the 2010 death of founder Nicolas Hayek.
Luxury
Swatch Gets Bullish as Activist Pushes for Change
The Swiss watch giant's recent results surprised with an upbeat outlook at a moment when the family in control of the brand is resisting an investor campaign.
Swatch Gets Bullish as Activist Pushes for Change
The Swiss watch giant's recent results surprised with an upbeat outlook at a moment when the family in control of the brand is resisting an investor campaign.
The News in Brief
Inventory Clean-Up Helps Puma Beat First-Quarter Expectations
The German sportswear maker also announced it had appointed former Hugo Boss CEO Mark Langer as its chief financial officer, effective Friday.
Oil Prices Soar to Wartime High with US and Iran Stuck in Standoff
Brent oil surged to more than $126 a barrel on Thursday, before paring gains to $121.40 as traders factor in an even longer closure of the Strait of Hormuz.
Reliance Retail Acquires Priyanka Chopra Jonas’ Hair Care Brand Anomaly
The company will leverage its omnichannel network to scale the label, citing India as a priority market.
Estée Lauder Considers Bid for Puig at €18-19 per Share, Source Says
Cosmetics giant Estée Lauder is considering launching a takeover bid for all of Puig’s Class B shares at 18 to 19 euros ($21 to $22.20) a share, said a source close to the matter.
Unilever Sales Rise on Strong Demand in India, Brazil
The UK multinational’s sales rose more than expected as consumers in emerging markets snapped up its cleaning products and Dove soap, offsetting lacklustre demand in the US.
EBay Forecasts Second-Quarter Revenue Above Estimates
The company's strategy to pivot away from low-value, high-volume items is gaining traction.
LVMH Watch Boss Sees Jean Arnault as Best Candidate for His Role
Jean-Christophe Babin, the head of LVMH’s watch division, said he’s ready for a phased retirement.