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Latest News & Analysis
Luxury

Kering-Owned Swiss Watch Brands Cut Staff by 25%

Patrick Pruniaux, CEO of Swiss watch brands Ulysse Nardin and Girard Perregaux, said the economic fallout of Covid-19 will have a knock-on effect on the industry over the next several years.

Luxury

Kering-Owned Swiss Watch Brands Cut Staff by 25%

Patrick Pruniaux, CEO of Swiss watch brands Ulysse Nardin and Girard Perregaux, said the economic fallout of Covid-19 will have a knock-on effect on the industry over the next several years.


Luxury

Luxury Watch Brands to Stage New Event Following Baselworld Cancellation

Bulgari organised the event, Geneva Watch Days, after the coronavirus outbreak forced the cancellation of other industry gatherings. Eight brands have signed on so far.

Luxury

Luxury Watch Brands to Stage New Event Following Baselworld Cancellation

Bulgari organised the event, Geneva Watch Days, after the coronavirus outbreak forced the cancellation of other industry gatherings. Eight brands have signed on so far.


Global Markets

Luxury Firms Count Cost of Russia's Recession

Russia's lurch into recession has hit many tourism and luxury goods companies hard, forcing them to cut prices — and in turn costs — in an attempt to limit the damage.

Global Markets

Luxury Firms Count Cost of Russia's Recession

Russia's lurch into recession has hit many tourism and luxury goods companies hard, forcing them to cut prices — and in turn costs — in an attempt to limit the damage.


News & Analysis

Market Pulse | A Chilly Summer

The Savigny Luxury Index fell a further 3.8 percent this month.  The outlook for the luxury goods sector darkened as disappointing results from industry leader LVMH showed how the strong euro and political protests in Hong Kong were curbing spending and hitting profits.

News & Analysis

Market Pulse | A Chilly Summer

The Savigny Luxury Index fell a further 3.8 percent this month.  The outlook for the luxury goods sector darkened as disappointing results from industry leader LVMH showed how the strong euro and political protests in Hong Kong were curbing spending and hitting profits.

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