The designer partnered with Pottery Barn Kids to launch a capsule collection of home decor for nurseries, playrooms and children's bedrooms. The collaboration marks as Margherita's first foray into children's home goods.
Tourist spend in the UK grew strongly last year and surged in December, with a continuing strong rise expected in 2017, according to Global Blue. Shoppers from Greater China, the US and Middle East were key.
Already the most powerful company in the watch industry, partly due to being the leading supplier of mechanical parts, Swatch has reportedly inked a deal with watch empire Richemont to supply its movements after 2020.
Swiss watchmakers expect to at least stabilize sales this year after two years of decline as the important Chinese and U.S. markets show signs of turning the corner, executives said at an industry event on Tuesday.