Swiss Watch Exports Jump in April Ahead of Threatened US Tariffs
Swiss watch exports to the US saw a significant increase in April, driven by a surge in shipments ahead of anticipated tariff hikes.
‘It’s a sartorial style that asks questions about identity, representation, mobility – race, class, gender, sexuality and power,’ said Monica L. Miller, whose book ‘Slaves to Fashion’ inspired this year’s Met Gala and accompanying exhibition.
‘It’s a sartorial style that asks questions about identity, representation, mobility – race, class, gender, sexuality and power,’ said Monica L. Miller, whose book ‘Slaves to Fashion’ inspired this year’s Met Gala and accompanying exhibition.
The Milanese fashion company reported quarterly sales up 13 percent, outperforming key competitors in a difficult market as Miu Miu continued its surge.
Hermès, Chanel and Louis Vuitton are among the luxury megabrands that have largely remained quiet amid a flood of viral TikToks falsely suggesting their bags are made in China.
Private clubs like LA’s San Vicente and London’s The Twenty Two are flooding New York City. Can they make membership a ‘must-have’ for a new generation of affluent New Yorkers?
The 88-year-old founder of Kering SA has seen his net worth drop by 29 percent to $18.6 billion since August 2021.
Group revenues fell 14 percent in the first quarter as Saint Laurent and Balenciaga also suffered from the downturn in luxury demand.
Luxury handbags are not only fashion statements – they can be vital to a brand’s identity, bottom line, and ongoing appeal to aspirational consumers. Senior correspondent Sheena Butler-Young and luxury correspondent Simone Stern-Carbone discuss the power of an iconic handbag.
Luxury handbags are not only fashion statements – they can be vital to a brand’s identity, bottom line, and ongoing appeal to aspirational consumers. Senior correspondent Sheena Butler-Young and luxury correspondent Simone Stern-Carbone discuss the power of an iconic handbag.
Honor America Capital LLC accused Nicolas Puech, a fifth-generation descendant of the Hermès founder, of failing to deliver Hermès International SCA shares worth $16 billion as part of a sale agreement. Puech’s lawyer stated his client wasn’t involved in the deal.
Honor America Capital LLC accused Nicolas Puech, a fifth-generation descendant of the Hermès founder, of failing to deliver Hermès International SCA shares worth $16 billion as part of a sale agreement. Puech’s lawyer stated his client wasn’t involved in the deal.
More fake goods are making their way onto luxury e-commerce sites amid a rise in returns fraud. Rather than building an expensive authentication system, retailers are finding alternative measures to identify shady customers and maintain consumer trust.
More fake goods are making their way onto luxury e-commerce sites amid a rise in returns fraud. Rather than building an expensive authentication system, retailers are finding alternative measures to identify shady customers and maintain consumer trust.
The American musician’s unique blend of artistry, social commentary and provocation has generated cultural impact, commercial success and institutional recognition. Now, he’s starring in the French brand’s latest eyewear campaign.
Kering reports results as its struggling brands weigh whether to raise prices to compensate for tariffs. Meanwhile, Shein and Temu plan to hike on Friday.
This week, Dior tapped Jonathan Anderson to lead men’s fashion, Hermès briefly topped LVMH in terms of market share, and the ultra-wealthy solidified their status as the industry’s most effective driving force.
Swiss watch exports to the US saw a significant increase in April, driven by a surge in shipments ahead of anticipated tariff hikes.
The eponymous Barcelona-based avant garde menswear label confirmed it has ceased operations.
Wempe will end its partnership with Rolex at the end of 2025 and partner with Patek Phillippe to open a showroom next year.
The French conglomerate’s shares fell 3 percent on Thursday, taking their decline this year to 25 percent.
The luxury fashion house splurged on a property near its main boutique in Paris last year as ‘part of the record level of investment made during the year, including in real estate,’ a representative said.
Savvy marketing and investments into brands like Polo and Purple Label have helped the brand attract younger and less price-sensitive shoppers.
The French luxury behemoth is warning investors and analysts that demand remains soft this quarter amid lacklustre consumer confidence, particularly in China, sources told Bloomberg.
An American investor is challenging the Hayek family’s leadership, attempting to gain a board seat at Swatch Group amid declining performance.