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Fashion partners link up on women’s watch design; Perfumers’ inspiration from fine jewellery; watches as jewellery enjoy a red carpet revival; luxury houses step up investment as collectors seek out age-old
...In 2012, the luxury group opened its Campus Genevois de Haute Horlogerie in Meyrin as a “knowledge transfer centre” offering training in niche horological skills....
...“Rolex has an amazing ability to be everywhere and nowhere at once,” says Benjamin Clymer, founder of Hodinkee, the luxury watch publication....
Spray it loud this spring
...Studio Boum, which was launched in 2014, fuses luxury fashion with design and spatial experiences....
...Tapping into the fashion world in an effort to capture the growing women’s watch market was also Breitling’s play in its collaboration with pop star-turned-fashion designer Beckham....
...“Finally, it comes down to the craftsmanship and perceived value of luxury goods....
...Fashion is about newness and innovation, luxury is about longevity, continuing, but also about igniting the urge for rich men to buy a softly belted buttery leather coat that costs as much as a studio flat...
...Sales at the Paris-based group’s fashion and leather goods division, a global bellwether for personal luxury goods, grew 2 per cent on an organic basis to €10.5bn in the first three months of this year....
...Sales at the Paris-based group’s fashion and leather goods division — which includes Christian Dior and Louis Vuitton, two bellwethers for personal luxury goods — grew 2 per cent on an organic basis to €10.5bn...
...He also developed a taste for interior design and personally decorated his homes and showrooms, a pioneering concept in the fashion industry, where luxury labels now increasingly market home decor lines....
...The Zegna group in 2022 agreed to take over Tom Ford’s fashion arm from US-based Estée Lauder, which the chief executive said had “enriched [the group’s] proposition in luxury glamour”....
...She’s reflecting on why she and fellow industry veteran Sabrina Marshall founded ReSee, one of the first luxury resale sites, back in 2013....
...It is attempting to reshape its aesthetics from loud fashion to new creative director Sabato de Sarno’s quieter luxury....
...The only bright spots were Italian fashion house Bottega Veneta and the group’s eyewear divisions, with both divisions posting sales growth....
Ilaria Resta and Benoit de Clerck talk about their priorities and the qualities of a good watchmaking boss
...Chinese fashion and luxury brands have been growing rapidly in recent years, with premium brands such as Shang Xia — a Chinese luxury fashion brand backed by Hermès — gaining popularity among locals....
...Though France accounts for less than a tenth of global sales, the luxury group — which includes brands ranging from fashion label Louis Vuitton to Moët & Chandon champagne — is keen to trumpet its contribution...
...“With the goal to become a serial acquirer, Tapestry seeks to acquire Capri to further entrench its stronghold in the fashion industry,” Henry Liu, director of the FTC’s competition bureau, said in a statement...
...However, that fashion-forward approach lost traction when the pandemic hit as consumers prioritised more timeless luxury products. Gucci’s woes have since become a drag on Kering’s performance....
...Even within the disruptors, there is debate as to what the future of the luxury jewellery industry will, or should, look like....
...It’s the kind of versatility that luxury customers desire, says chief executive Diego Della Valle, who recently delisted the group from the Milan Stock Exchange....
...Women’s fashion remains its strongest category, though it also offers other items, such as homewares and men’s clothing....
...A tie-up would give Tapestry a dominant slice of what the company has identified as the “accessible luxury” handbag market, the FTC said....
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