Slowing Swiss Watch Growth Leads to Job Cuts at LVMH’s Tag Heuer

Leonardo DiCaprio is a Tag Heuer ambassador | Source: Tag Heuer

The Swiss watch market is growing at a slower pace than expected, leading to reduced production and job cuts at the Tag Heuer brand, according to the head of LVMH Moet Hennessy Louis Vuitton SA’s timepiece unit.

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For Chris Gelinas, Going Slow Keeps Him Steady

Fashion designer Chris Gelinas, an LVMH Prize semi-finalist | Source: LVMH

Set to present his third CG by Chris Gelinas collection at New York Fashion Week, the Canadian-born, New York-based designer speaks to BoF on how he’s balancing early critical success with the challenges of running a fashion start-up.

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LVMH Results Send Chill Across Luxury Goods Sector

Christian Dior, the luxury goods group, is the main holding company of LVMH | Source: Reuters

The outlook for the luxury goods industry darkened on Friday as poor results from industry leader LVMH showed how the strong euro and political protests in Hong Kong were major factors curbing spending by Chinese and Russian customers.

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Fendi Touts Dolce Vita as Owner LVMH Relies on Brand for Growth

Fur room in Fendi boutique, London | Source: Courtesy

PARIS, France — Think of Rome and you might picture the birthplace of western civilization, the Vatican or Federico Fellini’s La Dolce Vita. Luxury-goods maker LVMH Moet Hennessy Louis Vuitton SA wants you to dream of Fendi.

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