
Watch sales at the world's No.1 luxury goods group LVMH are expected to grow by 5-7 percent this year, in line with the Swiss watch industry, the new head of the French group's watch unit said in an interview on Monday.
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Watch sales at the world's No.1 luxury goods group LVMH are expected to grow by 5-7 percent this year, in line with the Swiss watch industry, the new head of the French group's watch unit said in an interview on Monday.
LVMH said watches and jewelry head Francesco Trapani would step down on March 1, becoming an advisor to group Chairman Bernard Arnault and keeping his seat on the board of directors of the world's biggest luxury group.
Swiss watch brand TAG Heuer expects single-digit sales growth this year and is aiming to outperform market growth estimated at about 5 percent in 2014.
New York civil rights leaders on Saturday decried the city's brewing "shop-and-frisk" scandal, in which major retailers Barneys and Macy's are accused of profiling black shoppers who say they were detained by police a...
Swiss watchmakers are warily eyeing Apple's reported progress towards creating a "smartwatch", but say they are not too worried about the tech goliath's likely incursion into their traditional turf.
It seems nothing is too big for Switzerland's watch industry, whose vast annual Baselworld trade fair is a touchstone for the health of a sector which has bucked the downbeat global economy.
Luxury watchmakers expect sales growth to slow this year as a recovery in the United States and buoyant Middle East demand fail to offset a China slump more deep-rooted than a temporary blip caused by anti-corruption ...
The 2013 edition of jewelry and watch show Baselworld will take place between 25 April and 2 May and will welcome British fashion house Burberry as one of its 1400 exhibitors.
Swatch has reached an undisclosed agreement with Swiss competition officials over its planned reduction in the supply of watch movements to third parties, the company's chief lawyer said on Wednesday.
Luxury goods group LVMH named a new chief executive at its jewellery brand Bulgari on Tuesday as part of a management rejig triggered by the surprise departure of the chief of its flagship brand Louis Vuitton.