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
LVMH Watch and Jewellery Sales up More Than 10 Percent in 2017
Swiss-made luxury timepieces are emerging from a severe downturn as Chinese demand picks up and the industry's biggest market, Hong Kong, returns to growth.
LVMH Watch and Jewellery Sales up More Than 10 Percent in 2017
Swiss-made luxury timepieces are emerging from a severe downturn as Chinese demand picks up and the industry's biggest market, Hong Kong, returns to growth.
News & Analysis
Swiss Watchmaker IWC Opens Bar to Lure High-Spending Clients
IWC is experimenting with new ways of attracting shoppers, such as trying to sell experiences rather than just products.
Swiss Watchmaker IWC Opens Bar to Lure High-Spending Clients
IWC is experimenting with new ways of attracting shoppers, such as trying to sell experiences rather than just products.
News & Analysis
Swiss Watch Exports Have Biggest Monthly Gain Since 2013
The latest export figures underline the industry’s recovery after it exited its longest slump on record earlier this year.
Swiss Watch Exports Have Biggest Monthly Gain Since 2013
The latest export figures underline the industry’s recovery after it exited its longest slump on record earlier this year.
News & Analysis
Small Independent Watch Shops Are Doomed, Cartier Maker Says
Richemont's chief financial officer warned that consolidation of bigger players and an emerging online watch market places the traditional wholesale trade under threat.
Small Independent Watch Shops Are Doomed, Cartier Maker Says
Richemont's chief financial officer warned that consolidation of bigger players and an emerging online watch market places the traditional wholesale trade under threat.
News & Analysis
Op-Ed | To Reach Consumers, Richemont's New Leaders Need to Embrace Digital
In an increasingly volatile market, high-end brands need management that can handle the big challenges facing the luxury sector, not least, the growth of digital.
Op-Ed | To Reach Consumers, Richemont's New Leaders Need to Embrace Digital
In an increasingly volatile market, high-end brands need management that can handle the big challenges facing the luxury sector, not least, the growth of digital.
China
Luxury Watch Brands Optimistic for Chinese New Year
Hong Kong traditionally attracts mainland China tourists for shopping during the Chinese New Year season, which kicks off in February.
Luxury Watch Brands Optimistic for Chinese New Year
Hong Kong traditionally attracts mainland China tourists for shopping during the Chinese New Year season, which kicks off in February.
News & Analysis
Swatch CEO Says Sales Growth to Accelerate Through Year End
As the Swiss watch industry rebounds from the longest slump since the quartz crisis, wholesalers are no longer holding back on orders to stock up again, Nick Hayek said.
Swatch CEO Says Sales Growth to Accelerate Through Year End
As the Swiss watch industry rebounds from the longest slump since the quartz crisis, wholesalers are no longer holding back on orders to stock up again, Nick Hayek said.
News & Analysis
LVMH's Zenith CEO Embraces Taboos
New Zenith chief executive Julien Tornare is leading the latest attempt to revive the watchmaker as the industry recovers from the biggest slump since the quartz crisis.
LVMH's Zenith CEO Embraces Taboos
New Zenith chief executive Julien Tornare is leading the latest attempt to revive the watchmaker as the industry recovers from the biggest slump since the quartz crisis.
News & Analysis
Swatch Shares Drop on Concern New Apple Watch May Be Bigger Hit
Swatch shares dropped as low as 377.3 francs after Apple unveiled its Series 3 watch that can make calls and receive messages without a mobile phone.
Swatch Shares Drop on Concern New Apple Watch May Be Bigger Hit
Swatch shares dropped as low as 377.3 francs after Apple unveiled its Series 3 watch that can make calls and receive messages without a mobile phone.
News & Analysis
Watch Site Hodinkee Launches Print Magazine
The cult digital watch publication’s biannual print magazine will adapt its online coverage to a lifestyle-focused glossy.
Watch Site Hodinkee Launches Print Magazine
The cult digital watch publication’s biannual print magazine will adapt its online coverage to a lifestyle-focused glossy.
News & Analysis
Op-Ed | Swiss Watch Sparkle Could Be a Fickle Friend
While Swiss watch sales are in better shape than they were a year ago, Richemont and Swatch should be wary of thinking the recovery is assured.
Op-Ed | Swiss Watch Sparkle Could Be a Fickle Friend
While Swiss watch sales are in better shape than they were a year ago, Richemont and Swatch should be wary of thinking the recovery is assured.
Retail
Swiss Watch Rebound Continues, Led by Pricier Models
Richemont shares are up 1.2 percent as exports of premium watches increase for the fourth consecutive month.
Swiss Watch Rebound Continues, Led by Pricier Models
Richemont shares are up 1.2 percent as exports of premium watches increase for the fourth consecutive month.
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.