Swiss Army Knife Maker Victorinox Bets on Own Stores

Victorinox store | Source: Shutterstock

Victorinox will open a 220 square-meter (2,370 square-foot) store tomorrow on Bahnhofstrasse, Zurich’s main shopping street, coinciding with this year’s 130th anniversary. Rubbing shoulders with Cartier and Apple boutiques, the opening ends the family- owned company’s eight-year search for the location.

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Hong Kong Protests Impact Golden Week Luxury Sales

Protesters occupy the road in Admiralty, Hong Kong | Source: Shutterstock

Imagine a Christmas shopping season with closed stores and customers stranded because cabs are nowhere in sight. For retailers of Fendi bags and Rolex watches in Hong Kong, pro-democracy protests wreak havoc during one of the busiest times of the year, the China National Day holidays known as Golden Week.

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