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Timex signs licensing agreement with Judith Leiber

Timex signs licensing agreement with Judith Leiber

The Middlebury, Connecticut-based watchmaker announced on Wednesday that it has signed a strategic licensing agreement to produce timepieces for the American luxury brand owned by Authentic Brands Group since 2013.
Luxury
10 Corso Como relaunches under Tiziana Fausti

10 Corso Como relaunches under Tiziana Fausti

Tiziana Fausti, founder of the eponymous multibrand luxury retailer, details to FashionNetwork.com her strategy for breathing fresh energy into the legendary Milanese concept store she bought last year.
Luxury
Expanding ​Secret Sales names ‘dream team’ of six new star execs

Expanding ​Secret Sales names ‘dream team’ of six new star execs

Premium e-commerce marketplace Secret Sales has hired six “star” senior execs with impressive track records at some of fashion’s biggest names. They’re filling new positions as it expands at home and abroad.
Luxury
Ferragamo retail sales close to pre-Covid levels in July, August

Ferragamo retail sales close to pre-Covid levels in July, August

Italy's Salvatore Ferragamo said on Tuesday its retail sales in July and August were close to pre-coronavirus levels, after returning to operating profit in the first half of 2021 from a pandemic-driven loss last year.
Luxury
Cartier unveils Timothée Chalamet as the Maison’s newest Friend of the House

Cartier unveils Timothée Chalamet as the Maison’s newest Friend of the House

Cartier has unveiled Timothée Chalamet is the maison’s newest Friend of the House, as the American actor wears a selection of vintage pieces for the premiere of Dune at the Venice International Film Festival.
Luxury
Amazon CEO unveils 55,000 tech jobs in first hiring push under his watch

Amazon CEO unveils 55,000 tech jobs in first hiring push under his watch

Amazon.com Inc is planning to hire 55,000 people for corporate and technology roles globally in the coming months, Chief Executive Andy Jassy said.
Luxury
Novak Djokovic now an official spokesman for Hublot

Novak Djokovic now an official spokesman for Hublot

As he prepares for the US Open, the Serbian tennis player has become the new ambassador for luxury brand Hublot, which already counts a host of champions in various sports in its portfolio.
Luxury
Watches of Switzerland appoints Floydd CFO as Romberg retires

Watches of Switzerland appoints Floydd CFO as Romberg retires

​What a good time to join Watches of Switzerland. The high-flying UK-based but internationally-focused retail group has appointed William Floydd as chief financial officer. His joining date has yet to be determined.
Luxury
Schulman named CEO of Michael Kors, to become Capri Holdings chief in 2022

Schulman named CEO of Michael Kors, to become Capri Holdings chief in 2022

​Capri Holdings had big news on Tuesday as it announced a new CEO — Joshua Schulman — for Michael Kors. But more importantly, he'll take over as group CEO from John D Idol next year. Idol will become executive chairman.
Fashion
Farfetch upbeat as Q2 shows further luxury sector recovery

Farfetch upbeat as Q2 shows further luxury sector recovery

​Farfetch is continuing its rapid expansion and in the three months to June 30 — its fiscal second quarter — the luxury fashion retailer saw most metrics heading in the right direction.
Luxury
Hugo Boss launches ambitious new strategy to drive fast growth

Hugo Boss launches ambitious new strategy to drive fast growth

Hugo Boss has a new growth strategy called Claim 5 that aims to double its sales to €4bn by 2025. It will accelerate growth across all brands, touchpoints, and geographies and will include a branding refresh.
Luxury
Fossil Group sales jump 59% in Q2, raises FY21 outlook

Fossil Group sales jump 59% in Q2, raises FY21 outlook

Fossil Group, the watches and lifestyle accessories specialist, has reported a 59 per cent sales acceleration to $410.9m in Q2 of FY21 ended on July 3, compared to $259m a year ago.
Fashion
Watches of Switzerland continued to thrive in Q1

Watches of Switzerland continued to thrive in Q1

​Watches of Switzerland is continuing to ride high as the biggest seller of the Rolex brand in the UK said Q1 sales more than doubled year-on-year and also beat the pre-pandemic period.
Luxury
Ralph Lauren rebounds in Q1, N America sales jump 300%

Ralph Lauren rebounds in Q1, N America sales jump 300%

With a strong performance across North America and Europe, American fashion company Ralph Lauren Corporation has bounced back with 182% growth in revenue to $1.4bn.
Luxury
Hermès bounces back as H1 beats both 2020 and 2019

Hermès bounces back as H1 beats both 2020 and 2019

​Hermès became the latest luxury group to announce a rebound on Friday as the upscale leather goods and fashion maker saw its sales soaring during Q2 and the first half as a whole.
Luxury
Nicky Zimmermann on 'The Postcard' resort 2022; opening in Cannes and making it from Australia

Nicky Zimmermann on 'The Postcard' resort 2022; opening in Cannes and making it from Australia

Australia, a country known for punching above its weight in sport, literature, cinema, media, wine and the pursuit of happiness, has tended to underperform when it comes to fashion. One major exception is Zimmermann. 
Fashion