Vacheron Constantin
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.
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.
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.
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.
Richemont, Hermès Slump as Gloom Deepens in Luxury Industry
Richemont said first-half operating profit will probably decline about 45 percent, while Hermès abandoned its annual sales growth target, adding to the gloom spreading across the luxury industry.
Richemont, Hermès Slump as Gloom Deepens in Luxury Industry
Richemont said first-half operating profit will probably decline about 45 percent, while Hermès abandoned its annual sales growth target, adding to the gloom spreading across the luxury industry.
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 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.
The Vintage Watch Boom
After a series of record sales in 2015, expectations are high for this year’s vintage watch auctions.
The Vintage Watch Boom
After a series of record sales in 2015, expectations are high for this year’s vintage watch auctions.
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.
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.
Swiss Watch Brands Mull Future of Hong Kong Show as Demand Wilts
The Swiss organizer of an annual Hong Kong watch fair and some of the exhibiting brands are considering holding the event every other year amid declining sales in the industry’s largest market.
Swiss Watch Brands Mull Future of Hong Kong Show as Demand Wilts
The Swiss organizer of an annual Hong Kong watch fair and some of the exhibiting brands are considering holding the event every other year amid declining sales in the industry’s largest market.
Swiss Watch Industry Calls Time on Booming Growth of Prior Years
As the Swiss watch industry prepares for fourth straight year of little to no growth, big producers such as Richemont are trimming back investment in production, while some smaller rivals look for a buyer or risk going under.
Swiss Watch Industry Calls Time on Booming Growth of Prior Years
As the Swiss watch industry prepares for fourth straight year of little to no growth, big producers such as Richemont are trimming back investment in production, while some smaller rivals look for a buyer or risk going under.
Cartier's Watches Lose Their Sparkle in China
Cartier, in terms of combined sales, generates more than two thirds of profits for Swiss parent Richemont, but watch revenues have dwindled relentlessly while jewellery sales have boomed.
Cartier's Watches Lose Their Sparkle in China
Cartier, in terms of combined sales, generates more than two thirds of profits for Swiss parent Richemont, but watch revenues have dwindled relentlessly while jewellery sales have boomed.
Op-Ed | Can Luxury Brands Weather the China Storm?
With markets nervous about China’s economy, luxury groups need to position brands in their portfolio wisely, in order to perform well, argues Avery Booker.
Op-Ed | Can Luxury Brands Weather the China Storm?
With markets nervous about China’s economy, luxury groups need to position brands in their portfolio wisely, in order to perform well, argues Avery Booker.