Swiss apparel group Calida announced the decision to not distribute any dividend for the business year 2019.…
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Breitling reopens its boutique at The Venetian Macao
Swiss luxury watchmaker Breitling celebrates the reopening of its Boutique at The Venetian® Macao.…
TAG Heuer offers limited edition watch in honor of Sohn Heung-min
Swiss luxury watch brand TAG Heuer unveiled a new limited edition timepiece in honor of its brand ambassador Son Heung-min, one of Korea’s top sports stars playing for Tottenham in the English Premier…
Patek Philippe may come up for sale
Patek Philippe, the closely held maker of $10,000-plus Calatrava watches, may be coming up for sale.…
Shandong Ruyi acquired Swiss luxury brand Bally
The Chinese clothing and textile giant, which already controls Gieves & Hawkes, Sandro and Maje, has purchased a majority stake in the Swiss clothing and leather-goods brand Bally.…
Richemont’s H1 profit slides 51 percent
Falling sales in all categories and geographic regions and a buyback strategy for under-performing watches sent first-half profits at Compagnie Financière Richemont down 51 percent to 540 million euro…
The hunt for Asia watch sales
Even as Swiss watch exports continue to decline, watchmakers are sharply focused on trying to find just the right combination of marketing and retail strategies in Hong Kong and mainland China.…
LVMH: Tag Heuer partners with China’s Mars exploration program
TAG Heuer has announced its partnership with China’s Mars Exploration Program at an official press conference in Beijing, which would see the Swiss watchmaker take part in a Mars exploration mission p…
Video: Kering sales miss estimates, Swiss watch exports drop
French luxury-goods maker Kering SA reported first-quarter revenue that trailed analysts’ estimates as slowing tourism flows weighed on demand in Europe.…