Watch Industry Puts On a Brave Face as Watches and Wonders Opens
Watch brands and their publicly listed parents have had a tough start to 2024 due to the strong Swiss franc and tepid demand in China and elsewhere.
Source: wwd.com
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Navigating China's Luxury Slowdown – WWD
Luxury analysts believe brands should double down on retail, delve deeper into the aspirational and the untouched silver hair markets to seek growth.
Source: wwd.com
Swiss Watch Exports Rebound in August Despite China Downturn
The under-200 francs price category saw growth thanks to the continued appeal of Swatch’s collaborations with sister brands Omega and Blancpain.
Source: wwd.com
Swiss Watch Exports Soften in July – WWD
Swiss Watch Exports fell in China and slowed in Hong Kong and the U.S., providing additional caution for the luxury market.
Source: wwd.com
'Unstoppable' luxury stocks remind some investors of US tech
Pasha De Cartier has been a cult design since its creation in 1985. THE coronavirus pandemic is still raging throughout large parts of the world and China is facing a resurgence of the outbreak, yet investors keep pushing luxury-goods stocks higher, undeterred by near-record valuations. The combination of robust Chinese spending growth and a strong start to the earnings season is seen supporting stocks such as LVMH, Hermes International and Kering SA, all of which reached record highs in the past two months. The quality of the businesses and their substantial position in the ...
Source: thestar.com.my