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Rolex

Louis Vuitton totes and Dior micro bags can save luxury

by David Johnson
Louis Vuitton totes and Dior micro bags can save luxury

By Bloomberg Published Apr 5, 2024 In 2007, Louis Vuitton introduced a new spacious bag in its trademark monogram. Meant as a seasonal beach carry-all, the Neverfull, as it was known, became …

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Unexplained wealth order filed against crypto scam co-founder

by Anas Siddiqui
Unexplained wealth order filed against crypto scam co-founder

B.C.’s director of civil forfeiture has filed an unexplained wealth order in an attempt to seize a quarter-million dollars in cash, 45 gold bars, luxury watches and jewelry that were contained in …

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A Swiss watchmaker with deep ties to India is back from the dead—again

by David Johnson
A Swiss watchmaker with deep ties to India is back from the dead—again

By Bloomberg Published Mar 29, 2024 Luxury watchmaker Favre Leuba plans to unveil more than two dozen timepieces later this year, priced as much as 24,000 Swiss francs ($26,489), as …

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Chanel flap bag now costs more than €10,000 in Paris

by Lionel Rogers
Chanel flap bag now costs more than €10,000 in Paris

By Bloomberg Published Mar 27, 2024 A classic medium-sized Chanel flap bag has broken through the €10,000 ($10,820) barrier for the first time in Paris.  Chanel In a sign that …

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Gucci’s China shock reverberates across the luxury landscape

by David Johnson
Gucci’s China shock reverberates across the luxury landscape

By Bloomberg Published Mar 24, 2024 Fears of a slowdown among Chinese shoppers have dogged the luxury industry for the better part of a year. Last week the scale of …

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Swiss watch exports slump on lower shipments to China, Hong Kong

by Lionel Rogers
Swiss watch exports slump on lower shipments to China, Hong Kong

By Bloomberg Published Mar 19, 2024 Monthly Swiss watch exports fell for just the second time in three years, led by lower shipments to China and Hong Kong, as demand …

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Swiss watch exports struggle as luxury slowdown persists

by David Johnson
Swiss watch exports struggle as luxury slowdown persists

By Bloomberg Published Feb 20, 2024 Swiss watch exports rose modestly in January as growth slowed and weak demand for luxury and mid-priced watches dragged on the sector. Monthly exports …

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Swiss Watch exports slowing after a record run

by Lionel Rogers
Swiss Watch exports slowing after a record run

By Bloomberg Published Jan 30, 2024 Swiss watch exports hit record levels last year as watchmakers raised prices and shipments of cheaper quartz watches jumped, though the pace of growth …

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Rolex reseller Chrono24 taps Zalando executive as CEO

by Lionel Rogers
Rolex reseller Chrono24 taps Zalando executive as CEO

By Bloomberg Published Dec 15, 2023 Chrono24 GmbH, the biggest dedicated online reseller of luxury watches, named Carsten Keller, an executive from online retailer Zalando, as its new chief executive …

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Breitling buys watchmaker Universal Geneve in first major deal

by David Johnson
Breitling buys watchmaker Universal Geneve in first major deal

By Bloomberg Published Dec 13, 2023 Swiss luxury watchmaker Breitling AG is making its first major acquisition, buying Universal Geneve in an attempt to revive a brand that has faded …

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