Switzerland

News & Analysis

Richemont Weathers Hong Kong Protests as Jewellery Picks Up

8 November 2019 • By Reuters

8 November 2019 • By Reuters

Sales at the group rose 9 percent to €7.3 billion in the first half of the 2019-2020 fiscal year, with net profit broadly stable at €869 million.

News & Analysis

Richemont Weathers Hong Kong Protests as Jewellery Picks Up

Sales at the group rose 9 percent to €7.3 billion in the first half of the 2019-2020 fiscal year, with net profit broadly stable at €869 million.

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Don't Believe the Hype: Exclusivity Still Matters

24 October 2019 • By Luca Solca

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Don't Believe the Hype: Exclusivity Still Matters

Demand for luxury fashion is deeply rooted in exclusivity. The rise of millennials and the industry’s recent use of inclusivity in its marketing narratives does not change this, argues Luca Solca.

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A Cloudy Picture at Farfetch

29 August 2019 • By Luca Solca

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A Cloudy Picture at Farfetch

Investors are not taking well to the company’s evolving business model, hyperactive M&A and disappointing profit performance. Management must focus on executing the vision they have sold, writes Luca Solca.

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The Future of Watches

6 June 2019 • By Luca Solca

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The Future of Watches

The luxury watch market is facing challenges that are unlikely to be resolved any time soon, says Luca Solca.

News & Analysis

Swiss Watch Exports Dropped in April

28 May 2019 • By Bloomberg

28 May 2019 • By Bloomberg

Swatch shares fell 44 percent in the past year, while Richemont declined 20 percent.

News & Analysis

Swiss Watch Exports Dropped in April

Swatch shares fell 44 percent in the past year, while Richemont declined 20 percent.

News & Analysis

Richemont Profit Misses Estimates on Online Investment Costs

17 May 2019 • By Bloomberg

17 May 2019 • By Bloomberg

The luxury group's operating margin slipped to 13.9 percent, the lowest in more than a decade.

News & Analysis

Richemont Profit Misses Estimates on Online Investment Costs

The luxury group's operating margin slipped to 13.9 percent, the lowest in more than a decade.

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Luxury's New World Order

2 May 2019 • By Luca Solca

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Luxury's New World Order

The global luxury market is being reshaped by the maturation of Chinese consumers and digital disruption, increasing the polarisation between successful fast-growing brands and everyone else, argues Luca Solca.

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How Modern Entrepreneurs Are Made

25 April 2019 • By Robb Young

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How Modern Entrepreneurs Are Made

Founders are no doubt a rare breed driven by instinct, ambition, appetite for risk and a nose for opportunity. But the enduring notion that entrepreneurs are born, and not made, is as full of myth as trite phrases like ‘lightbulb moments’ and ‘ripping up the rulebook.’

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Can Baselworld Catch Up With the Times?

29 March 2019 • By Tanya Dukes

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Can Baselworld Catch Up With the Times?

The watch industry's biggest trade fair is promising an overhaul as attendance plummets. But as brands rely more on direct sales, some question the need for an annual gathering at all.

News & Analysis

Swiss Watchmakers Caught in the Middle of US-China Trade War

22 March 2019 • By Bloomberg

22 March 2019 • By Bloomberg

Claims of the trade war's effects on the industry are not due to tariffs from either country, but because the dispute saps growth prospects in the two largest markets for watches.

News & Analysis

Swiss Watchmakers Caught in the Middle of US-China Trade War

Claims of the trade war's effects on the industry are not due to tariffs from either country, but because the dispute saps growth prospects in the two largest markets for watches.