It was good news all the way from Swatch on Tuesday as the watch giant predicted "very positive" growth this year after a surge in 2017. Demand for Swiss watches rose and its affordable fashion watches recovered.
Louis Vuitton owner LVMH, the world’s biggest luxury goods maker, delivered better-than-expected sales growth in the fourth quarter as it benefited like many peers from a steady recovery in Asian demand.
The Luxury Institute’s 2018 report reveals what international luxury consumers expect from their shopping experience, with customer service ranking highly and politeness topping the list of priorities for sales staff.
Yoox Net-a-Porter shareholder Renzo Rosso believes Richemont's bid for full control of the online retailer is of great value, even though he is sorry to see another renowned Italian brand pass under foreign control.
The booming pre-owned premium watch market, powered by websites like the RealReal, has lured its first official big brand, with Swiss watchmaker Audemars Piguet announcing it would launch a 2nd-hand business this year.
Tommy Hilfiger, IBM and The Fashion Institute of Technology have teamed up for an Artificial Intelligence pilot project. The project called ‘Reimagine Retail’ will have AI play the lead in the design creation process.
Versace is in "no rush" to list on the stock market, its Chief Executive said on Saturday. The brand has been mulling a listing after private equity Blackstone bought a 20% stake in 2014 to fund its overseas expansion.