Switzerland

News & Analysis

Richemont Human Resources Director Leaves Executive Committee

12 June 2020 • By Reuters

12 June 2020 • By Reuters

Sophie Guieysse will be stepping down from the committee but will reportedly stay on in her HR role, despite mounting employee anger over executive compensation.

News & Analysis

Richemont Human Resources Director Leaves Executive Committee

Sophie Guieysse will be stepping down from the committee but will reportedly stay on in her HR role, despite mounting employee anger over executive compensation.

News & Analysis

Rolex Joins Leading Watchmakers Withdrawing From Baselworld

14 April 2020 • By Reuters

14 April 2020 • By Reuters

The flagging event has already seen high-profile exits including Swatch Group, Patek Philippe and Chanel.

News & Analysis

Rolex Joins Leading Watchmakers Withdrawing From Baselworld

The flagging event has already seen high-profile exits including Swatch Group, Patek Philippe and Chanel.

BoF Professional Exclusive

To Survive, Luxury Fashion Must Hibernate

14 April 2020 • By Luca Solca

BoF Professional Exclusive

To Survive, Luxury Fashion Must Hibernate

Companies should reduce their cost perimeters, keeping as many of their personnel and key assets as possible, while stopping virtually all manufacturing and sourcing, argues Luca Solca.

BoF Professional Exclusive

Is Fashion Ready for a Multicultural Minefield?

17 March 2020 • By Luca Solca

BoF Professional Exclusive

Is Fashion Ready for a Multicultural Minefield?

Social media, Chinese nationalism and a culture war in the US have ratcheted up the risk of costly cultural missteps like those made by Dolce & Gabbana, Gucci, Prada and others. Luca Solca examines what fashion brands should — and should not — do.

Luxury Watch Brands to Stage New Event Following Baselworld Cancellation

2 March 2020 • By Robin Swithinbank

2 March 2020 • By Robin Swithinbank

Bulgari organised the event, Geneva Watch Days, after the coronavirus outbreak forced the cancellation of other industry gatherings. Eight brands have signed on so far.

Luxury Watch Brands to Stage New Event Following Baselworld Cancellation

Bulgari organised the event, Geneva Watch Days, after the coronavirus outbreak forced the cancellation of other industry gatherings. Eight brands have signed on so far.

News & Analysis

Watches of Switzerland Sees Shift to Home Buyers as Coronavirus Hits

27 February 2020 • By Reuters

27 February 2020 • By Reuters

As Chinese tourist numbers drop, the British retailer is looking to local customers to account for the decline.

News & Analysis

Watches of Switzerland Sees Shift to Home Buyers as Coronavirus Hits

As Chinese tourist numbers drop, the British retailer is looking to local customers to account for the decline.

News & Analysis

Swatch Group Braces for Hong Kong Slump

30 January 2020 • By Reuters

30 January 2020 • By Reuters

The Swiss watchmaker's sales took a hit, dropping 2.7 percent amid ongoing political unrest in Hong Kong.

News & Analysis

Swatch Group Braces for Hong Kong Slump

The Swiss watchmaker's sales took a hit, dropping 2.7 percent amid ongoing political unrest in Hong Kong.

BoF Professional Exclusive

Can Richemont Fight Off LVMH?

20 January 2020 • By Luca Solca

BoF Professional Exclusive

Can Richemont Fight Off LVMH?

LVMH’s Tiffany takeover puts new pressure on the Swiss luxury conglomerate, which can either take it on the chin or stage a major counterattack, merging with Chanel or Kering, says Luca Solca.

News & Analysis

Richemont Sales Rise Despite Hong Kong, Japan Contraction

17 January 2020 • By Reuters

17 January 2020 • By Reuters

The Swiss conglomerate reported a 4 percent rise in third-quarter sales, but geopolitical tensions still weigh.

News & Analysis

Richemont Sales Rise Despite Hong Kong, Japan Contraction

The Swiss conglomerate reported a 4 percent rise in third-quarter sales, but geopolitical tensions still weigh.

BoF Professional Exclusive

Luxury’s Decade of Change

10 December 2019 • By Luca Solca

BoF Professional Exclusive

Luxury’s Decade of Change

Over the past ten years, the global luxury market has been reshaped by the rise of China, the digital revolution, performance polarisation and consolidation, writes Luca Solca. What will the next decade bring?