Luxury goods group LVMH’s watch brands will be present at the next edition of the Baselworld watch fair in March, the outgoing head of its watch division told CNN Money Switzerland, adding the show needs to make changes.
A boom in online luxury goods sales is finally convincing high-end watchmakers, long sceptical that customers would pay thousands to buy intricate timepieces on the web, to step up their investments in e-commerce.
The Swiss watch brand is showing off its latest innovation, the "RM 07-01 Gem-Set Black Ceramic" at the Salon International de la Haute Horlogerie (SIHH) luxury watch show, which opened Monday, January 15 in Geneva.
While high-end watches are still out of reach for most people, the increasing prevalence of deals on the grey watch market highlights the perplexing predicament in which luxury watchmakers now find themselves.
On Saturday, May 23, the Swiss watchmaker presented the "RM 27-02 Rafael Nadal" tourbillon watch, celebrating once again its collaboration with the Spanish tennis star, currently competing for his tenth French Open ti...