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Kering warns profit to tumble following Gucci woes in China

Kering warns profit to tumble following Gucci woes in China

Kering SA warned that profit will plunge in the first half of the year after wealthy shoppers curbed spending on Gucci products.
Luxury
Tapestry and Capri Holdings defend merger plans after FTC bombshell

Tapestry and Capri Holdings defend merger plans after FTC bombshell

​After news that the FTC in the US wants to block Tapestry’s takeover of Capri Holdings on competition grounds, both companies have issued statements defending their plans.
Luxury
Boat launches first navigation enabled smartwatch 'Storm Call 3'

Boat launches first navigation enabled smartwatch 'Storm Call 3'

Wearables and electronic accessories brand Boat has partnered with deep-tech digital mapping business Mappls MapmyIndia to launch its first ever smartwatch with navigation services. 
Luxury
LVMH highlights its socio-economic impact at its Annual General Meeting

LVMH highlights its socio-economic impact at its Annual General Meeting

For once, Bernard Arnault, CEO of the world's number one luxury goods group, and his teams emphasised the group's social approach at its Annual General Meeting in Paris on Thursday morning.
Luxury
Swiss watch brands making time for India

Swiss watch brands making time for India

Swiss watchmakers are increasingly turning their sights towards India thanks to a new free trade agreement that is due to gradually open the doors for luxury timepiece exports.
Luxury
Casio's G-Shock opens first exclusive brand outlet in New Delhi

Casio's G-Shock opens first exclusive brand outlet in New Delhi

Casio Computer Co Limited’s watch brand G-Shock has launched its first exclusive brand outlet in New Delhi. Located inside the metro’s Pacific Mall, the store is G-Shock’s sixth in India to date.
Luxury
Geneva watch fair ticking over after sales boom years

Geneva watch fair ticking over after sales boom years

The 2024 Geneva watch fair opened on Tuesday amid slower demand in China for fancy Swiss timepieces and timid consumer spending across the board on luxury items.
Luxury
Titan Ltd opens 86 stores in Q4, revenue grows 17 percent

Titan Ltd opens 86 stores in Q4, revenue grows 17 percent

Titan Ltd witnessed a year-on-year revenue growth of 17 percent during the fourth quarter of financial year 2024 on the back of retail expansion which saw addition of 86 new stores.
Luxury
'Market of Fakes' in Naples, capital of counterfeits and Camorra

'Market of Fakes' in Naples, capital of counterfeits and Camorra

As top brands like Gucci and Prada prepare to report billions in sales this month, luxury fakes on the streets of Naples are also yielding a jaw-dropping cash stream -- for the mafia.
Luxury
Jean-Charles de Castelbajac launches limited edition watch with MB&F

Jean-Charles de Castelbajac launches limited edition watch with MB&F

One key test of an artist or designer is whether they have a powerful signature style, which explains the remarkable longevity of Jean-Charles de Castelbajac who on Wednesday launched a limited edition watch with MB&F.
Fashion
Luxury labels should not overlook aspirational consumers

Luxury labels should not overlook aspirational consumers

Luxury labels have recently been focusing on their more affluent clientèle, but they should not overlook aspirational customers, whose numbers are rising worldwide and who have extremely varied profiles.
Luxury
Croma launched 149 outlets in FY24

Croma launched 149 outlets in FY24

Tata Digital’s wearables and electronics retail business Croma opened a total of 149 brick-and-mortar outlets in the 2024 financial year which ended on March 31.
Luxury
Front Row Live: How an earnest hobby became a seven-figure business

Front Row Live: How an earnest hobby became a seven-figure business

Style influencer Jennifer Nisan seized a moment when she launched a digital sourcing service.
Luxury
A Swiss watchmaker with deep ties to India is back from the dead—again

A Swiss watchmaker with deep ties to India is back from the dead—again

Luxury watchmaker Favre Leuba plans to unveil more than two dozen timepieces later this year, priced as much as 2
Luxury
Movado partners with Rajasthan Royals for IPL 2024 season

Movado partners with Rajasthan Royals for IPL 2024 season

Swiss watchmaker Movado has association with Rajasthan Royals as its official time partner for the ongoing season of the Indian Premier League (IPL).
Luxury
Coach names Jayson Tatum as new ambassador

Coach names Jayson Tatum as new ambassador

Coach announced on Wednesday the recruitment of American professional basketball player Jayson Tatum as the U.S. luxury brand's new ambassador, coinciding with a new campaign featuring Spring 2024 watches and sunwear.  
Fashion