US Economy Unexpectedly Loses Jobs in February; Unemployment Rate Rises to 4.4%
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.
watches
News & Analysis
This $95,000 Watch Uses the World's Blackest Black
Swiss watchmaker Manufacture Contemporaine du Temps (MCT) will debut $95,000 Vantablack luxury watches in a limited edition this fall.
This $95,000 Watch Uses the World's Blackest Black
Swiss watchmaker Manufacture Contemporaine du Temps (MCT) will debut $95,000 Vantablack luxury watches in a limited edition this fall.
Global Markets
TAG Heuer Pushing Brand in China, as Rivals Scale Back
The head of luxury group LVMH's Swiss watchmaking business said on Saturday the company is pushing its TAG Heuer brand in the Chinese market, as rivals scale back their investments due to weaker demand.
TAG Heuer Pushing Brand in China, as Rivals Scale Back
The head of luxury group LVMH's Swiss watchmaking business said on Saturday the company is pushing its TAG Heuer brand in the Chinese market, as rivals scale back their investments due to weaker demand.
News & Analysis
Hublot to Start Selling Watches With Smart Functions in Strap
Swiss watchmaker Hublot is working on a connected strap as owner LVMH steps up efforts to fend off competition from the likes of Fitbit and Apple.
Hublot to Start Selling Watches With Smart Functions in Strap
Swiss watchmaker Hublot is working on a connected strap as owner LVMH steps up efforts to fend off competition from the likes of Fitbit and Apple.
News & Analysis
TAG Heuer Sales to Rise at Least 10 Percent This Year
The head of luxury group LVMH's Swiss watchmaking business expects sales of the TAG Heuer brand, which includes "smartwatches" that connect to the Internet, to rise by at least a tenth this year.
TAG Heuer Sales to Rise at Least 10 Percent This Year
The head of luxury group LVMH's Swiss watchmaking business expects sales of the TAG Heuer brand, which includes "smartwatches" that connect to the Internet, to rise by at least a tenth this year.
News & Analysis
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.
News & Analysis
Clock Ticking as Swiss Watchmakers Await Market Recovery
Demand for traditional luxury watches has been hammered by a Chinese government crackdown on bribery, a drop in tourist shoppers to Europe and, at lower price points, the rise of smartwatches.
Clock Ticking as Swiss Watchmakers Await Market Recovery
Demand for traditional luxury watches has been hammered by a Chinese government crackdown on bribery, a drop in tourist shoppers to Europe and, at lower price points, the rise of smartwatches.
News & Analysis
Swatch's Hayek Says Watch Industry Is Not in Crisis
Growth in Swiss watch sales may have dipped but industry the 'is and remains healthy,' Swatch chief executive officer Nick Hayek said in an interview with the French language newspaper LeTemps.
Swatch's Hayek Says Watch Industry Is Not in Crisis
Growth in Swiss watch sales may have dipped but industry the 'is and remains healthy,' Swatch chief executive officer Nick Hayek said in an interview with the French language newspaper LeTemps.
News & Analysis
Jean-Claude Biver: ‘The Watch Industry Is Not in Trouble, The World Is.’
The president of LVMH’s watch division has always been a disruptor. But with the Tag Heuer Connected watch, has he got the solution to a Swiss watch industry in decline?
Jean-Claude Biver: ‘The Watch Industry Is Not in Trouble, The World Is.’
The president of LVMH’s watch division has always been a disruptor. But with the Tag Heuer Connected watch, has he got the solution to a Swiss watch industry in decline?
Luxury
How Tom Kartsotis Is Banking on America
With Shinola, and now Filson, the founder of watchmaking behemoth Fossil wants to bring integrity to accessible luxury. But can he profit from good intentions?
How Tom Kartsotis Is Banking on America
With Shinola, and now Filson, the founder of watchmaking behemoth Fossil wants to bring integrity to accessible luxury. But can he profit from good intentions?
Global Markets
Watchmaker Tudor Says Hong Kong Market Could Get Even Worse
Tudor, Rolex’s sister brand, said the Hong Kong market may get worse as rich Chinese shop for luxury goods in markets with lower prices.
Watchmaker Tudor Says Hong Kong Market Could Get Even Worse
Tudor, Rolex’s sister brand, said the Hong Kong market may get worse as rich Chinese shop for luxury goods in markets with lower prices.
Global Markets
Swiss Watchmakers Face Another Challenging Year
Swiss watchmakers are braced for another difficult year as economic woes in major markets curb consumers' appetite for pricey timepieces, industry executives said on Thursday.
Swiss Watchmakers Face Another Challenging Year
Swiss watchmakers are braced for another difficult year as economic woes in major markets curb consumers' appetite for pricey timepieces, industry executives said on Thursday.
News & Analysis
LVMH’s Hublot Likely Next to Add Smart Functions
Hublot will probably be the next LVMH watch brand to add smart functions, following TAG Heuer’s footsteps, according to LVMH's watch chief.
LVMH’s Hublot Likely Next to Add Smart Functions
Hublot will probably be the next LVMH watch brand to add smart functions, following TAG Heuer’s footsteps, according to LVMH's watch chief.
The News in Brief
Asics Buys Marathon Registration Platforms to Boost Running-Shoe Sales
The Japanese sportswear brand is accelerating global expansion by acquiring race-registration platforms to deepen engagement with runners.
Gap Sales Miss Expectations After Old Navy, Athleta Fall Short
The brands Gap and Banana Republic beat comparable sales estimates.
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.