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.
Shares in LVMH, the world's biggest luxury goods group, hit a record high on Tuesday after the French company beat sales forecasts in the first quarter and said demand from Chinese customers had picked up.
Puig, Spain’s largest luxury multi-brand group, has radically overhauled its fashion division and named José Manuel Albesa to oversee its four fashion houses, as it announces a slew of new appointments.
Luxury Swiss watch and jewelry brand Piaget has announced plans to debut on Net-a-Porter, in its latest step to appeal to a millennial customer. To help reach that young market, the Swiss-based house is harnessing sty...
The house of Givenchy has chosen as its new creative director Clare Waight Keller, breaking the news on - what else? - Instagram. A British designer succeeding an Italian at one of France's classiest houses.
Hugo Boss said on Thursday that improving its online business will be a top priority this year as the struggling German fashion house hopes to avoid another decline in sales and cement a recovery in China.
Fashion Network has learned that the French luxury conglomerate plans to launch its own e-commerce multi-brand store stocking all its luxury labels as well as other designer and accessible luxury brands.