Gap Sales Miss Expectations After Old Navy, Athleta Fall Short
The brands Gap and Banana Republic beat comparable sales estimates.
watches
Luxury
Richemont Under Pressure
Cartier’s sales are booming, but its Swiss owner faces mounting pressure to clean house. Activist shareholders are likely to put governance issues and steep losses at YNAP into the spotlight.
Richemont Under Pressure
Cartier’s sales are booming, but its Swiss owner faces mounting pressure to clean house. Activist shareholders are likely to put governance issues and steep losses at YNAP into the spotlight.
Luxury
Online Watch Marketplace Chrono24 Surpasses $1 Billion Valuation In New Funding Round
The company raised more than €100 million, attracting investment from LVMH chief executive Bernard Arnault’s family office.
Online Watch Marketplace Chrono24 Surpasses $1 Billion Valuation In New Funding Round
The company raised more than €100 million, attracting investment from LVMH chief executive Bernard Arnault’s family office.
Luxury
The Future of Watches and Jewellery: Adapting to Rapid Change
The inaugural edition of The State of Fashion: Watches and Jewellery Report by The Business of Fashion and McKinsey & Company forecasts a shake-up in priorities for hard luxury as well as different recovery scenarios across geographies and consumer segments.
The Future of Watches and Jewellery: Adapting to Rapid Change
The inaugural edition of The State of Fashion: Watches and Jewellery Report by The Business of Fashion and McKinsey & Company forecasts a shake-up in priorities for hard luxury as well as different recovery scenarios across geographies and consumer segments.
Luxury
Hodinkee: Cultivating the Next Generation of Watch Fans
Toby Bateman, CEO of the content-and-commerce watch universe Hodinkee, explains how the growth of e-commerce and community-based retail is primed to shift the business of watches in the years to come.
Hodinkee: Cultivating the Next Generation of Watch Fans
Toby Bateman, CEO of the content-and-commerce watch universe Hodinkee, explains how the growth of e-commerce and community-based retail is primed to shift the business of watches in the years to come.
Luxury
Christopher Ward: Probing Data to Remain Distinctive
As competitors proliferate, the UK company with its own in-house Swiss-made movement remains committed to the digital direct-to-consumer model it helped pioneer but CEO Mike France says data-driven innovation will set the brand apart for its next chapter.
Christopher Ward: Probing Data to Remain Distinctive
As competitors proliferate, the UK company with its own in-house Swiss-made movement remains committed to the digital direct-to-consumer model it helped pioneer but CEO Mike France says data-driven innovation will set the brand apart for its next chapter.
Luxury
Watchfinder: Building Trust to Formalise the Resale Market
What was once an unregulated second-hand watch sector is now increasingly brand-authenticated and growing fast, but it can still sometimes feel like the Wild West, says Zahra Kassim-Lakha, a director at Richemont’s pre-owned watch retailer Watchfinder.
Watchfinder: Building Trust to Formalise the Resale Market
What was once an unregulated second-hand watch sector is now increasingly brand-authenticated and growing fast, but it can still sometimes feel like the Wild West, says Zahra Kassim-Lakha, a director at Richemont’s pre-owned watch retailer Watchfinder.
Luxury
Seiko: Offering an Emotional Point of Difference
Special functionality and emotional intimacy are the only way to survive the mid-market squeeze, says watch veteran Seiko president Akio Naito.
Seiko: Offering an Emotional Point of Difference
Special functionality and emotional intimacy are the only way to survive the mid-market squeeze, says watch veteran Seiko president Akio Naito.
Luxury
Christie’s: How Digital Is Driving Sales of Big-Ticket Items
As the leader of Christie’s luxury division, Aline Sylla-Walbaum has been at the forefront of a digital transformation that has driven a sharp rise in online sales for high-priced watches and jewellery.
Christie’s: How Digital Is Driving Sales of Big-Ticket Items
As the leader of Christie’s luxury division, Aline Sylla-Walbaum has been at the forefront of a digital transformation that has driven a sharp rise in online sales for high-priced watches and jewellery.
Luxury
Breitling: Finding the Optimal Sales Channel Mix
Though direct-to-consumer is becoming much more important to watchmakers, Breitling CEO Georges Kern is spreading investment across several channels, rebalancing store networks and refusing to give up on trusted third-party retailers.
Breitling: Finding the Optimal Sales Channel Mix
Though direct-to-consumer is becoming much more important to watchmakers, Breitling CEO Georges Kern is spreading investment across several channels, rebalancing store networks and refusing to give up on trusted third-party retailers.
Luxury
Chow Tai Fook: Persuading Clients To Pay a Premium
At one of the biggest jewellers in the world, Kent Wong Siu-Kee is focused on mainland China and other dynamic Asian markets to persuade buyers of unbranded jewellery to instead choose Chow Tai Fook.
Chow Tai Fook: Persuading Clients To Pay a Premium
At one of the biggest jewellers in the world, Kent Wong Siu-Kee is focused on mainland China and other dynamic Asian markets to persuade buyers of unbranded jewellery to instead choose Chow Tai Fook.
Luxury
Audemars Piguet: Preserving Scarcity at Any Cost
From the pre-owned market to China, outspoken CEO François-Henry Bennahmias reveals what he thinks his competitors are doing wrong and why he plans on taking a different approach to some of the coming decade’s biggest opportunities.
Audemars Piguet: Preserving Scarcity at Any Cost
From the pre-owned market to China, outspoken CEO François-Henry Bennahmias reveals what he thinks his competitors are doing wrong and why he plans on taking a different approach to some of the coming decade’s biggest opportunities.
China
Brands Invest Big in China’s Booming Watch Market
Mainland China is now the number one export market for Swiss watches, but some luxury watchmakers risk becoming over-reliant on the region.
Brands Invest Big in China’s Booming Watch Market
Mainland China is now the number one export market for Swiss watches, but some luxury watchmakers risk becoming over-reliant on the region.
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.