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
Luxury
Patek Philippe Says Chinese Demand Still Rising
President Thierry Stern said the Chinese were likely buying more at home due to worries about issues such as stricter border controls.
Patek Philippe Says Chinese Demand Still Rising
President Thierry Stern said the Chinese were likely buying more at home due to worries about issues such as stricter border controls.
News & Analysis
LVMH Watch Brands to Attend Baselworld 2019
The outgoing head of its watch division admitted the world's biggest trade show needs to make changes in 2020 and bring prices down for exhibiting brands.
LVMH Watch Brands to Attend Baselworld 2019
The outgoing head of its watch division admitted the world's biggest trade show needs to make changes in 2020 and bring prices down for exhibiting brands.
News & Analysis
Swiss Watchmaker Audemars Piguet to Boost Revenue by Taking Sales Inhouse
The luxury watch brand wants to totally control the distribution of its luxury watches, cutting out third-party multi-brand retailers within three to five years.
Swiss Watchmaker Audemars Piguet to Boost Revenue by Taking Sales Inhouse
The luxury watch brand wants to totally control the distribution of its luxury watches, cutting out third-party multi-brand retailers within three to five years.
News & Analysis
EBay Now Authenticates Luxury Watches
The online seller has expanded its Authenticate programme to include timepieces over $500.
EBay Now Authenticates Luxury Watches
The online seller has expanded its Authenticate programme to include timepieces over $500.
News & Analysis
Report: Swatch Quits Annual Baselworld Trade Fair
The Swiss watchmaker is quitting the annual trade fair, according to a local paper, calling time on an event that has been a fixture of the industry calendar for a century.
Report: Swatch Quits Annual Baselworld Trade Fair
The Swiss watchmaker is quitting the annual trade fair, according to a local paper, calling time on an event that has been a fixture of the industry calendar for a century.
Luxury
Luxury's Giants Look to Extend Their Winning Streak
This Monday, everyone will be talking about LVMH and Kering's upcoming financial results, the Swiss watch industry's rebound and new documentaries about Alexander McQueen and Kevyn Aucoin. Read our Cheat Sheet.
Luxury's Giants Look to Extend Their Winning Streak
This Monday, everyone will be talking about LVMH and Kering's upcoming financial results, the Swiss watch industry's rebound and new documentaries about Alexander McQueen and Kevyn Aucoin. Read our Cheat Sheet.
News & Analysis
Swiss Watch Exports Have Biggest Half-Yearly Gain Since 2012
Swiss watch exports had their strongest first half in six years, as demand for high-end timepieces rose in Asia and the US.
Swiss Watch Exports Have Biggest Half-Yearly Gain Since 2012
Swiss watch exports had their strongest first half in six years, as demand for high-end timepieces rose in Asia and the US.
Financial Markets
Swatch Reports Highest Profit in Three Years Amid Watch Rebound
Operating income rose 70 percent in the first half to 629 million francs ($628 million).
Swatch Reports Highest Profit in Three Years Amid Watch Rebound
Operating income rose 70 percent in the first half to 629 million francs ($628 million).
Technology
Bits & Bytes | H&M Tests Interactive Mirrors, Luxury Brands Use Apps for Event Spaces
This week, H&M tries facial recognition mirrors in its New York flagship store, while location finding apps become a growing phenomena for luxury brands.
Bits & Bytes | H&M Tests Interactive Mirrors, Luxury Brands Use Apps for Event Spaces
This week, H&M tries facial recognition mirrors in its New York flagship store, while location finding apps become a growing phenomena for luxury brands.
Luxury
Op-Ed | Richemont Is Quietly Becoming a Luxury Internet Powerhouse
Richemont’s Watchfinder purchase is a small deal that means a lot.
Op-Ed | Richemont Is Quietly Becoming a Luxury Internet Powerhouse
Richemont’s Watchfinder purchase is a small deal that means a lot.
News & Analysis
Richemont to Buy Watchfinder as Pre-Owned Watch Market Heats Up
Watchfinder, with about 200 employees, provides a platform to research, buy and sell premium pre-owned watches.
Richemont to Buy Watchfinder as Pre-Owned Watch Market Heats Up
Watchfinder, with about 200 employees, provides a platform to research, buy and sell premium pre-owned watches.
News & Analysis
Swiss Watch Exports Rise as Hong Kong Booms
Swiss watch exports rose 13.8 percent in April to $1.77 billion, while watch exports to Hong Kong swelled 43.4 percent.
Swiss Watch Exports Rise as Hong Kong Booms
Swiss watch exports rose 13.8 percent in April to $1.77 billion, while watch exports to Hong Kong swelled 43.4 percent.
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.