The Business of Fashion
Agenda-setting intelligence, analysis and advice for the global fashion community.
Agenda-setting intelligence, analysis and advice for the global fashion community.
ZURICH, Switzerland — Swiss watch exports had their strongest first half in six years, as demand for high-end timepieces rose in Asia and the U.S.
Shipments rose 11 percent to 10.5 billion francs ($10.5 billion), the Federation of the Swiss Watch Industry said in a statement Thursday. That’s also the first time they breached the 10 billion-franc mark since 2015.
The trade group forecast a smaller increase for the full year because the industry faces a more difficult comparison base in the second half. Swatch Group AG Chief Executive Officer Nick Hayek said Wednesday that double-digit sales growth is possible this year for the largest Swiss watchmaker.
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By Corinne Gretler; editors: Eric Pfanner, Thomas Mulier and John J. Edwards III.
After three days of inspiring talks, guests closed out BoF’s gathering for big thinkers with a black tie gala followed by an intimate performance from Rita Ora — guest starring Billy Porter.
Photographer Misan Harriman, artists Rita Ora and Billy Porter and designer Diane von Furstenberg shared their experiences translating pain into art and impact.
Designers Jonathan Anderson and Diane von Furstenberg, actor-filmmaker Dan Levy, Uniqlo’s John C Jay and others spoke about the state of creation in an age of artificial intelligence and corporate mediocrity.
Generative AI is already changing fields such as design and marketing, and while it presents a number of very real threats, it also holds potential benefits for all of humanity.