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European tourist retail dented by Covid-19 says Planet

European tourist retail dented by Covid-19 says Planet

The massive impact of Covid-19 on tourist spending was made clear this week as international payments provide Planet issued figures showing the economic impact of the virus on European retail during February. 
Luxury
Geneva Watch Days show postponed to end August

Geneva Watch Days show postponed to end August

The new watch industry show, promoted by a pool of brands led by Bulgari CEO Jean-Christophe Babin, and initially scheduled in Geneva for the end of April, will be held on August 26-29 due to the Covid-19 pandemic.
Luxury
Condé Nast pushes luxury conference back three months to end July

Condé Nast pushes luxury conference back three months to end July

The next Condé Nast Luxury Conference, scheduled for April, has been pushed back three months to end July, the latest major postponement in fashion due to impact of the coronavirus pandemic.
Fashion
Watches of Switzerland upbeat so far but makes move to cut spending

Watches of Switzerland upbeat so far but makes move to cut spending

Watches of Switzerland has seen strong demand so far but expects the downturn to start biting soon, although it has the cash and the confidence to ride out the coronavirus storm.
Luxury
Swiss watches exports to China plunge in February

Swiss watches exports to China plunge in February

Swiss watches exports fell by 9.2% on a yearly basis in February according to industry association data published on Thursday, those to China having taken a plunge after Covid-19 ground the country to a halt.
Luxury
Chanel closes production sites in France, Italy and Switzerland

Chanel closes production sites in France, Italy and Switzerland

Chanel has decided to close down its core production sites in three western European countries: France, Italy and Switzerland; either completely or partially, the fashion house announced on Thursday. 
Fashion
Tag Heuer launches a new luxury smartwatch

Tag Heuer launches a new luxury smartwatch

Tag Heuer has unveiled the third generation of its luxury connected timepiece.
Luxury
Bucherer launches Certified Pre-Owned in Paris

Bucherer launches Certified Pre-Owned in Paris

The latest luxury retailer to enter the vintage watch business is Bucherer, the largest big boutique for quality watches in Paris. It debuts a new Certified Pre-Owned section on Friday in its Parisian flagship.
Luxury
Cartier postpones major exhibition in Milan’s Triennale due to coronavirus

Cartier postpones major exhibition in Milan’s Triennale due to coronavirus

Cartier has decided to postpone a major exhibition in Milan’s Triennale design museum, scheduled to open next month, in the latest delayed project in luxury and art since the outbreak of the coronavirus in Italy.
Luxury
Swatch Group sees 'massive' temporary hit in China from coronavirus

Swatch Group sees 'massive' temporary hit in China from coronavirus

Swiss watchmaker Swatch Group is taking a "massive" hit from the outbreak of the novel coronavirus that sharply affected business in major market China, Chief Executive Nick Hayek said in a Sunday newspaper interview.
Fashion
Fossil celebrates International Women's Day with a capsule co-created by Bijou Karman

Fossil celebrates International Women's Day with a capsule co-created by Bijou Karman

For International Women's Day (IWD) on March 8, the Fossil brand has teamed up with Los Angeles artist and illustrator Bijou Karman to create a collection of jewelry and accessories in honor of the female gender.
Luxury
Louis Vuitton: A composition to the music of time

Louis Vuitton: A composition to the music of time

Louis Vuitton closed out the four-week international catwalk collections on Tuesday with the most brilliantly staged single show of all and a powerful, agenda-setting collection that played on the notion of bending time.
Luxury
Battersea Power Station names first brands as completion looms

Battersea Power Station names first brands as completion looms

One of the most interesting and impressive retail developments in the UK in recent years, Battersea Power Station, is edging closer to completion with Hugo Boss, Uniqlo and major beauty names taking space there.
Fashion
Baselworld watch fair cancelled over coronavirus fears

Baselworld watch fair cancelled over coronavirus fears

The organisers of Baselworld, one of the world's biggest watch fairs, said Friday they would cancel the 2020 event after the Swiss government banned mass assemblies over the spread of the deadly new coronavirus.
Luxury
No Farfetch profits yet, but sales leap ahead, Off-White sales soar on Marketplace

No Farfetch profits yet, but sales leap ahead, Off-White sales soar on Marketplace

Farfetch losses widened in the last year and in its final quarter, but the company is brimming with confidence as its revenue continues to surge and its New Guards acquisition drives turnover higher.
Luxury
Watches of Switzerland powers ahead in Q3 as demand outstrips supply

Watches of Switzerland powers ahead in Q3 as demand outstrips supply

Watches of Switzerland reported continued strong luxury watch sales growth and increased momentum in the US market on Thursday as it delivered a trading update for Q3 and shrugged off wider market worries.
Luxury