Swiss watch exports kept growing at the slowest rate since the financial crisis for a second year as shipments to China and Hong Kong dropped in the final quarter.
BoF compiles the most important professional moves of the week.
GENEVA, Switzerland — Rolex will make its third CEO change since 2008 after naming Jean-Frederic Dufour to become chief executive officer of the 109-year-old maker of Swiss timepieces.
LONDON, United Kingdom — Louis Vuitton is losing ground as the world’s most valuable luxury brand as competitors including Gucci and Prada gain, a new research report shows.
Rolex appeal fades as recession blues hit Singapore (Reuters) As Singapore enters a recession, the demand for luxury watches such as Rolex is declining. Accessories Transform Consumer Fashion Sense Into Billion Dollar Surge (Marketwatch) In a tough market, some accessories categories are experiencing “bullish” growth.” Louis Vuitton Scraps Plans for Ginza Flagship (WWD) A 10 story Ginza flagship store in Tokyo has