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News & Analysis

Richemont to Cut More Than 200 Swiss Jobs Amid Watch Woes

Richemont plans to cut more than 200 watchmaking jobs in Switzerland, according to the Unia trade union, as the jeweller scales back further in response to weakening demand.

News & Analysis

Richemont to Cut More Than 200 Swiss Jobs Amid Watch Woes

Richemont plans to cut more than 200 watchmaking jobs in Switzerland, according to the Unia trade union, as the jeweller scales back further in response to weakening demand.


Luxury

Richemont CEO, CFO to Retire As Profit Plunges

Chief executive officer Richard Lepeu and chief financial officer Gary Saage will both retire next year, as the company reported a decline in first-half profit.  

Luxury

Richemont CEO, CFO to Retire As Profit Plunges

Chief executive officer Richard Lepeu and chief financial officer Gary Saage will both retire next year, as the company reported a decline in first-half profit.  


Luxury

Cartier’s $600,000 Watch Shows Risks of Extending Luxury Brands

Cartier's retrenchment is a cautionary tale for the industry and for businesses in general – a reminder that luxury demand is ephemeral and that stretching a brand beyond its comfort zone carries considerable risk.

Luxury

Cartier’s $600,000 Watch Shows Risks of Extending Luxury Brands

Cartier's retrenchment is a cautionary tale for the industry and for businesses in general – a reminder that luxury demand is ephemeral and that stretching a brand beyond its comfort zone carries considerable risk.


Luxury

Luxury Watch Market Sobers Up

With the luxury watch market under pressure, the shift to affordable steel models is depressing growth and retail space productivity, according to new research by Exane BNP Paribas.

Luxury

Luxury Watch Market Sobers Up

With the luxury watch market under pressure, the shift to affordable steel models is depressing growth and retail space productivity, according to new research by Exane BNP Paribas.


News & Analysis

Swiss Watchmaker Piaget Hunts New Buyers with $9,350 Steel Watch

High-end Swiss watchmaker Piaget has unveiled an unusual new timepiece: a stainless steel-cased casual watch for under $10,000.

News & Analysis

Swiss Watchmaker Piaget Hunts New Buyers with $9,350 Steel Watch

High-end Swiss watchmaker Piaget has unveiled an unusual new timepiece: a stainless steel-cased casual watch for under $10,000.



News & Analysis

Richemont Co-CEO Fornas to Retire as Cartier Cuts Jobs

Richemont's co-chief executive officer Bernard Fornas will retire as the jewellery maker is in the midst of a job-cut plan at its top watchmaking brands, including Cartier, Vacheron Constantin and Piaget.

News & Analysis

Richemont Co-CEO Fornas to Retire as Cartier Cuts Jobs

Richemont's co-chief executive officer Bernard Fornas will retire as the jewellery maker is in the midst of a job-cut plan at its top watchmaking brands, including Cartier, Vacheron Constantin and Piaget.


China

The China Edit | H&M Voices Confidence, 'Notorious' Taobao, Luxury Spending

The China Edit is a weekly curation of the most important fashion business news and analysis from and about the world’s largest luxury market.

China

The China Edit | H&M Voices Confidence, 'Notorious' Taobao, Luxury Spending

The China Edit is a weekly curation of the most important fashion business news and analysis from and about the world’s largest luxury market.


Retail

Blackstone Secures $600 Million for Miami Luxury Mall

Blackstone Group LP has secured a $600 million loan for a Florida developer turning a once dingy, warehouse district in Miami into a premier luxury retail destination.

Retail

Blackstone Secures $600 Million for Miami Luxury Mall

Blackstone Group LP has secured a $600 million loan for a Florida developer turning a once dingy, warehouse district in Miami into a premier luxury retail destination.


News & Analysis

Pop Quiz | Inditex, Katie Grand, Prada

How well have you read your BoF this week? Test your knowledge of all of the latest news and analysis from around the world of fashion in our Pop Quiz, which covers Inditex, Katie Grand, Prada and more.

News & Analysis

Pop Quiz | Inditex, Katie Grand, Prada

How well have you read your BoF this week? Test your knowledge of all of the latest news and analysis from around the world of fashion in our Pop Quiz, which covers Inditex, Katie Grand, Prada and more.