World’s largest luxury group hit from pullback in spending by Chinese consumers
Sales of top brands on DeWu make up estimated 70% of country’s grey market as consumers hunt for lower prices
The rapid rise in billionaires has disrupted what it means to be part of the moneyed elite
Mike Ashley’s retail group has made two conditional offers for the UK luxury handbag maker
UK retailer’s investments in listed rivals are worth around £500mn
Former Vuitton and Prada executive must execute a turnaround of the struggling Gucci brand
Stefano Cantino tasked with boosting luxury brand amid faltering performance
Trade retaliation comes after bloc voted to approve steep tariff increases on Chinese electric cars
There are signs that the sector’s post-pandemic price rises have dented its appeal
Losses at YNAP have cost its parent billions of euros in writedowns
India becomes hot ticket for Swiss watchmakers; western brands are working closely with Chinese artists; high-tech lumes brightening up the face of watch design; the tools and ideas driving an intaglio renaissance
High-end H Moser’s tie-up with playful upstart Studio Underd0g is not its first poke at the industry
The watchmaker’s chief executive believes a new Indian owner and a long history of selling in the country are big advantages
The Australian has a fascination for pilot watches and what they signify as pieces of history
Sotheby’s, Christie’s and Bonhams are following Phillips into swisher sites, with architect-designed buildings that allow for different sales formats
The Dubai Watch Week Horology Forum’s focus on the art of watchmaking, rather than sales, attracts a wide range of enthusiasts
Exhibitions, commissioning local artists and educational ventures are gaining currency with consumers
Watches and jewellery head Frédéric Grangié on securing Swiss manufacturing expertise through a portfolio of partners
A wealthy local clientele looking for one-off designs has boosted the sector, and now word is spreading internationally
Brands increase exports to meet demand from exponentially growing luxury market
Venerable Scottish auctioneer appoints experienced specialist to lead newly-formed department
French group’s foray into motorsport comes as luxury industry seeks to increase audience and popularity
Think like a tourbillonaire
The wolf in cashmere has again marked his territory
Deal allows Remo Ruffini to increase his shareholding in Italian company
