Chanel has joined Rolex, Patek Philippe, Chopard and Tudor in a dramatic group decision to quit Baselworld and create their own luxury watch salon in Geneva, a potentially paradigm shift in the industry.
While fashion museums have had to close and even postpone the launch of upcoming exhibitions and events, many are getting creative and going digital to bring their exclusive work to people around the globe.
Cartier has decided to postpone a major exhibition in Milan’s Triennale design museum, scheduled to open next month, in the latest delayed project in luxury and art since the outbreak of the coronavirus in Italy.
Sebastien Badault, Alibaba's international director for luxury & fashion, talked with FashionNetwork.com about Luxury Pavilion, Alibaba’s vast range of low-cost fashion, best-practice issues and the coronavirus’ impact.
Watches of Switzerland reported continued strong luxury watch sales growth and increased momentum in the US market on Thursday as it delivered a trading update for Q3 and shrugged off wider market worries.
Luxury group Kering had a good year in 2019 and the final quarter was also strong. Its star brand Gucci outperformed, Saint Laurent continued to power ahead and Bottega Veneta’s recovery looked to be well established.
Last year, Gap, Pimkie and H&M left the Parisian mid-market commercial thoroughfare, while Parfois and Tezenis came in, ahead of JD Sports and the re-opening of the La Samaritaine shopping centre in spring 2020.