Swiss watch exports fell for a 14th consecutive month in August as demand weakened from Japan to the US.
Swiss watch exports fell for a 14th consecutive month in August as demand weakened from Japan to the US.
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 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.
Switzerland’s leading watch-makers have said that centuries of craftsmanship will not simply disappear because a technology player enters the fray.
Switzerland’s leading watch-makers have said that centuries of craftsmanship will not simply disappear because a technology player enters the fray.
Swiss watch exports declined for a 13th consecutive month in July as Hong Kong, traditionally the biggest market for luxury timepieces, slipped to second place for the first time in almost a decade.
Swiss watch exports declined for a 13th consecutive month in July as Hong Kong, traditionally the biggest market for luxury timepieces, slipped to second place for the first time in almost a decade.
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.
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.
Swatch Group chief executive officer Nick Hayek came under fire from investors for what they called unrealistic projections and a resistance to adapt to a deteriorating market, after the Swiss watchmaker reported collapsing earnings.
Swatch Group chief executive officer Nick Hayek came under fire from investors for what they called unrealistic projections and a resistance to adapt to a deteriorating market, after the Swiss watchmaker reported collapsing earnings.
Swatch Group, the maker of Omega and Tissot timepieces, said first-half profit fell about 50 percent to 60 percent on weak demand in Asia and Europe and the strength of the Swiss franc.
Swatch Group, the maker of Omega and Tissot timepieces, said first-half profit fell about 50 percent to 60 percent on weak demand in Asia and Europe and the strength of the Swiss franc.
High-end Swiss watchmaker Piaget has unveiled an unusual new timepiece: a stainless steel-cased casual watch for under $10,000.
High-end Swiss watchmaker Piaget has unveiled an unusual new timepiece: a stainless steel-cased casual watch for under $10,000.
Rich foreigners visiting the UK have the chance to buy luxury goods at a discount given the pound’s slide against the dollar, making Swiss watches cheaper than on the continent.
Rich foreigners visiting the UK have the chance to buy luxury goods at a discount given the pound’s slide against the dollar, making Swiss watches cheaper than on the continent.
Switzerland's watch industry exports fell nearly 10 percent in May as watchmakers continued to struggle with the aftermath of last year's extremist attacks in Europe and a prolonged slowdown in Asia.
Switzerland's watch industry exports fell nearly 10 percent in May as watchmakers continued to struggle with the aftermath of last year's extremist attacks in Europe and a prolonged slowdown in Asia.
Swatch Group said Swiss competition authority Weko was examining if the world's biggest watchmaker could supply more mechanical movements to its customers than was set out in a 2013 agreement on phasing out deliveries.
Swatch Group said Swiss competition authority Weko was examining if the world's biggest watchmaker could supply more mechanical movements to its customers than was set out in a 2013 agreement on phasing out deliveries.
High-end fashion houses like Chanel and Dior have sunk billions into luxury watch divisions. Now the sector is looking shaky.
High-end fashion houses like Chanel and Dior have sunk billions into luxury watch divisions. Now the sector is looking shaky.
In a document filed with the Securities and Exchange Commission, the company’s management has approved a plan for organisational changes expected to cost the brand nearly $300 million. One analyst posited the target could be its struggling subsidiary.
The decline in nonfarm payrolls reported by the Labor Department in its employment report on Friday was the sixth since January 2025 and the second largest.
The Japanese sportswear brand is accelerating global expansion by acquiring race-registration platforms to deepen engagement with runners.
The brands Gap and Banana Republic beat comparable sales estimates.
Christine Hunsicker admitted she falsified financial statements to promote CaaStle Inc. as a valuable, growing business when in reality it was struggling.
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.
The Japanese brand is accelerating its expansion in India to capture a greater share of the rapidly growing apparel market and affluent consumer base.
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.