Red Luxury
Tissot and Longines Sell Well, Robust Demand for Mid-Priced Brands in China
Swatch Group, the world’s biggest watchmaker, sees double-digit sales growth, powered by its mid-priced brands, in China this year.
The company grew by 12.2 percent (currency co...
Luxury Watch Brands’ Obsession with the Far East
To some luxury watch aficionados, the UK has been a historically important market and an arbitrator of watch design. Now, however, insiders are wondering if the epicenter is shift...
Richemont on China: Watch and See
China’s luxury watch market is on a bit of a roller coaster lately.
Richemont, the world’s second-largest luxury group after France’s LVMH, announced slower sale...
Luxury New Store Openings Remain Robust in China
Asia – China in particular – is expected to account for a larger share of international luxury retailers’ total global sales. So it comes as no surprise that man...
Watchmaker TW Steel Plans Major China Expansion
Dutch luxury watchmaker TW Steel opened a store in Hong Kong in June. Now they are planning a full-blown expansion. “We wanted to test things first. Hong Kong is such an imp...
PPR Acquires Chinese Jeweler Qeelin
Chinese fine jewelry brand Qeelin – a favorite of celebrities like Katy Perry, Kate Winslet, Marc Jacobs and Mischa Barton – has been acquired by PPR, a French conglomerate wh...
Swarovski Tours Asia, Hopes to Attract Local Designers
With 600 stores in Asia, Swarovski is now looking for more designers from the region. To attract the cream of the crop, the label’s private exhibition – featuring collaboratio...
