Gap Sales Miss Expectations After Old Navy, Athleta Fall Short
The brands Gap and Banana Republic beat comparable sales estimates.
watches
Luxury
Richemont's Revenue Up 5 Percent with Unexpected Watch Rebound
The company has been struggling with the biggest downturn for the Swiss watch industry since the quartz crisis in the 1980s.
Richemont's Revenue Up 5 Percent with Unexpected Watch Rebound
The company has been struggling with the biggest downturn for the Swiss watch industry since the quartz crisis in the 1980s.
News & Analysis
$2.6 Million Worth of Fake Luxury Watches Seized in Puerto Rico
Authorities in Puerto Rico have seized $2.6 million worth of fake luxury watches they say were illegally imported from China.
$2.6 Million Worth of Fake Luxury Watches Seized in Puerto Rico
Authorities in Puerto Rico have seized $2.6 million worth of fake luxury watches they say were illegally imported from China.
China
Alibaba Sues Two Vendors Who it Says Sold Fake Watches
Alibaba Group Holding Ltd has sued two vendors it says sold fake Swarovski watches on its Taobao e-commerce platform.
Alibaba Sues Two Vendors Who it Says Sold Fake Watches
Alibaba Group Holding Ltd has sued two vendors it says sold fake Swarovski watches on its Taobao e-commerce platform.
News & Analysis
Watchmaker Swatch Goes Into Car Batteries as Investors Question Strategy
Investors called the plan expensive and unrealistic and with 2016 group sales predicted to be below last year's 8.45 billion Swiss francs ($8.36 billion).
Watchmaker Swatch Goes Into Car Batteries as Investors Question Strategy
Investors called the plan expensive and unrealistic and with 2016 group sales predicted to be below last year's 8.45 billion Swiss francs ($8.36 billion).
News & Analysis
Swiss Watch Exports Poised for Worst Year Since 1984
The value of Switzerland’s watch exports dropped 11 percent in the first 10 months of the year.
Swiss Watch Exports Poised for Worst Year Since 1984
The value of Switzerland’s watch exports dropped 11 percent in the first 10 months of the year.
Luxury
Tag Heuer CEO Say New Models Helping to Buck Downturn
Tag's new models are helping it offset the wider challenges of a downturn in the Swiss watch industry.
Tag Heuer CEO Say New Models Helping to Buck Downturn
Tag's new models are helping it offset the wider challenges of a downturn in the Swiss watch industry.
News & Analysis
Report: Swiss Watchmaker Breitling is Considering a Sale
The most likely suitors are luxury goods companies rather than private equity firms.
Report: Swiss Watchmaker Breitling is Considering a Sale
The most likely suitors are luxury goods companies rather than private equity firms.
News & Analysis
Richemont Cuts Send Shockwaves From Geneva to Mountain Valleys
Richemont’s plan to slash 210 watchmaking jobs in Switzerland is sending shockwaves from Geneva to some of the country’s remote mountain villages, the cradle of high-end watch manufacturing.
Richemont Cuts Send Shockwaves From Geneva to Mountain Valleys
Richemont’s plan to slash 210 watchmaking jobs in Switzerland is sending shockwaves from Geneva to some of the country’s remote mountain villages, the cradle of high-end watch manufacturing.
News & Analysis
Swiss Watch Exports Have Biggest Monthly Drop in Seven Years
Swiss watch exports plunged 16 percent in October, as demand weakened in almost every major market for Rolex and Omega timepieces.
Swiss Watch Exports Have Biggest Monthly Drop in Seven Years
Swiss watch exports plunged 16 percent in October, as demand weakened in almost every major market for Rolex and Omega timepieces.
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.
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
Titan: The World's Fifth-Largest Watchmaker Now Wants to Sell Women's Clothing
"After 30 years of selling quartz watches and gold jewellery under brands such as Sonata, Titan, and Tanishq, the company now wants to move to
Titan: The World's Fifth-Largest Watchmaker Now Wants to Sell Women's Clothing
"After 30 years of selling quartz watches and gold jewellery under brands such as Sonata, Titan, and Tanishq, the company now wants to move to
Luxury
Brexit Boosts British Watchmaker Bremont as Swiss Suffer
Aided by a plunge in the pound, UK sales of Bremont watches have surged since the country voted in June to leave the European Union.
Brexit Boosts British Watchmaker Bremont as Swiss Suffer
Aided by a plunge in the pound, UK sales of Bremont watches have surged since the country voted in June to leave the European Union.
The News in Brief
Fashion Startup Founder Pleads Guilty in $300 Million Fraud
Christine Hunsicker admitted she falsified financial statements to promote CaaStle Inc. as a valuable, growing business when in reality it was struggling.
Victoria’s Secret Forecasts Its Best Year Since L Brands Split
The underwear company is anticipating net sales of at least $6.85 billion in the current fiscal year, exceeding analyst estimates and marking the highest revenue since its split from L Brands Inc in 2021.
Uniqlo Aims to Grow Tenfold in India With Summer-Centric Clothes
The Japanese brand is accelerating its expansion in India to capture a greater share of the rapidly growing apparel market and affluent consumer base.
Oasis Pressures Kao in Latest Japan Activist Investor Push
Activist fund Oasis Management Co. is calling on the Japanese personal care company to convene an extraordinary general meeting, seeking a probe into its supply-chain risk management and internal control.
American Eagle Forecasts Sales Growth Above Estimates on Demand From Wealthy Shoppers
The retailer surpassed annual sales forecasts but expects a $60 million drag from import tariffs in the first half of 2026.
Missoni Family Exits Namesake Brand
The transaction gives FSI, a Milan-based private equity fund, a controlling share in the Italian luxury house, as more founder-owned brands turn to investors to fund growth and weather a tough global market.
Ross Stores Forecasts Annual Sales Above Estimates on Resilient Demand for Discounted Apparel
Spend growth at off-price chains is among the strongest in retail, with gains across all income segments.