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Swatch

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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Year of the Dragon: luxury brands embrace the auspicious, mythical creature ahead of the Lunar New Year

by Anas Siddiqui
Year of the Dragon: luxury brands embrace the auspicious, mythical creature ahead of the Lunar New Year

“The dragon is definitely the superstar and is the most popular of the 12 zodiac animals,” said Guy Riddell, managing director of Peninsula Merchandising, in an interview at the hotel’s …

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Swatch Group sales miss record as strong franc dents results

by David Johnson
Swatch Group sales miss record as strong franc dents results

By Bloomberg Published Jan 23, 2024 Swatch Group AG failed to hit the sales record predicted by its chief executive officer as the return of customers in China for brands …

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Asics, Ugg, and Arc’teryx shine in 2023: StockX report

by Lionel Rogers
Asics, Ugg, and Arc’teryx shine in 2023: StockX report

StockX, the leading online marketplace for sneakers, streetwear, electronics, and collectibles, has unveiled its annual report, highlighting key milestones in 2023 for brands such as Asics, Ugg, and Arc’teryx.  Asics, …

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L’Oréal acquires water-saving specialist Gjosa

by Lionel Rogers
L’Oréal acquires water-saving specialist Gjosa

Translated by Nicola Mira Published Jan 11, 2024 The L’Oréal group has acquired Swiss start-up Gjosa (the Icelandic word for ‘geyser’), which has developed shower heads for hairdressing salons that …

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The record rush to buy a Rolex or a Patek Philippe is over

by David Johnson
The record rush to buy a Rolex or a Patek Philippe is over

By Bloomberg Published Dec 9, 2023 The biggest ever boom in Swiss luxury watches is coming to an end. For three years, the industry enjoyed a surge of renewed interest …

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‘Planet Omega’ pop-up in New York shows watches worn by Elvis, JFK

by Lionel Rogers
‘Planet Omega’ pop-up in New York shows watches worn by Elvis, JFK

By Bloomberg Published Nov 10, 2023 A temporary exhibition celebrating the history and innovation behind Swiss watch brand Omega opens today, Nov. 9, at the Chelsea Factory in New York …

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Urban Outfitters to open store on Champs-Elysées in Paris

by Lionel Rogers
Urban Outfitters to open store on Champs-Elysées in Paris

Translated by Nicola Mira Published Sep 21, 2023 Paris’s avenue des Champs-Elysées is increasingly in demand, with several store relocations and inaugurations taking place one year ahead of the 2024 …

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