Prada Cuts Ties With Over 200 Suppliers After Labour Abuse Audit
Since the audit began in 2020, the Milanese fashion group found that more than a quarter of suppliers and subcontractors inspected had broken compliance rules.

After a prolonged slump, the secondary market for luxury watches is recovering, though it remains sensitive to economic instability, writes Andrea Felsted.

After a prolonged slump, the secondary market for luxury watches is recovering, though it remains sensitive to economic instability, writes Andrea Felsted.

Robin Swithinbank dials in from LVMH Watch Week in Milan with details on the difficulties at TAG Heuer, Hublot’s new life beyond football and the question of Zenith’s future in the group.

Robin Swithinbank dials in from LVMH Watch Week in Milan with details on the difficulties at TAG Heuer, Hublot’s new life beyond football and the question of Zenith’s future in the group.

Antoine Pin has left the helm of LVMH’s biggest watch label, the group confirmed, increasing uncertainty at a watches division already buffeted by a challenging market ahead of the company’s Watch Week showcase in Milan.

Antoine Pin has left the helm of LVMH’s biggest watch label, the group confirmed, increasing uncertainty at a watches division already buffeted by a challenging market ahead of the company’s Watch Week showcase in Milan.

As gold tops $4,600 per ounce, executives including Breitling CEO Georges Kern are bracing for a hit to margins. Solutions range from seeking new materials to raising prices or postponing gold purchases.

As gold tops $4,600 per ounce, executives including Breitling CEO Georges Kern are bracing for a hit to margins. Solutions range from seeking new materials to raising prices or postponing gold purchases.
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Both the Rolex Day-Date in white gold and its counterpart in platinum are investments, but one trades at a much higher premium to fundamentals, observes Bloomberg’s Felix Salmon.

Both the Rolex Day-Date in white gold and its counterpart in platinum are investments, but one trades at a much higher premium to fundamentals, observes Bloomberg’s Felix Salmon.

Perhaps more like a screen. A decade after Apple Watch, industrial design legend Marc Newson returns to watchmaking to partner with Ressence, the Belgian startup known for its dome-like crystal designs. Newson aims to challenge a watchmaking industry that’s become obsessed with technical innovation at the expense of design.

Perhaps more like a screen. A decade after Apple Watch, industrial design legend Marc Newson returns to watchmaking to partner with Ressence, the Belgian startup known for its dome-like crystal designs. Newson aims to challenge a watchmaking industry that’s become obsessed with technical innovation at the expense of design.

Young buyers are increasingly opting for smaller, dressier timepieces, boosting Cartier-owner Richemont’s sales, says Andrea Felsted.

Young buyers are increasingly opting for smaller, dressier timepieces, boosting Cartier-owner Richemont’s sales, says Andrea Felsted.

Amid a global downturn, the Middle East is emerging as the watch industry’s most promising frontier. But questions over tariffs, inventories and the relevance of blockbuster fairs persist. At Dubai Watch Week, Robin Swithinbank took the temperature, speaking to the CEOs of Audemars Piguet, Breitling, Chopard, LVMH’s Hublot and more.

Amid a global downturn, the Middle East is emerging as the watch industry’s most promising frontier. But questions over tariffs, inventories and the relevance of blockbuster fairs persist. At Dubai Watch Week, Robin Swithinbank took the temperature, speaking to the CEOs of Audemars Piguet, Breitling, Chopard, LVMH’s Hublot and more.
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Marc Hayek, Blancpain’s CEO and a member of the family that controls Swatch Group, warns aggressive price hikes at Omega, Longines and more are undermining performance even as his own brand seeks to get back in the conversation with a $2 million dollar watch.

Marc Hayek, Blancpain’s CEO and a member of the family that controls Swatch Group, warns aggressive price hikes at Omega, Longines and more are undermining performance even as his own brand seeks to get back in the conversation with a $2 million dollar watch.

In a rare public appearance, CEO Jean-Frédéric Dufour reaffirmed the brand’s wholesale model and urged unity as Swiss watchmakers battle a market downturn.

In a rare public appearance, CEO Jean-Frédéric Dufour reaffirmed the brand’s wholesale model and urged unity as Swiss watchmakers battle a market downturn.

The US secondary watch market is stabilising, with prices likely to keep rising for top brands like Rolex and Patek Philippe, Andrea Felsted writes.

The US secondary watch market is stabilising, with prices likely to keep rising for top brands like Rolex and Patek Philippe, Andrea Felsted writes.

The companies are releasing a co-branded smartwatch and running shoe as they look to burnish their high-performance credentials.

The companies are releasing a co-branded smartwatch and running shoe as they look to burnish their high-performance credentials.
Since the audit began in 2020, the Milanese fashion group found that more than a quarter of suppliers and subcontractors inspected had broken compliance rules.
Meesho has carved out a niche for itself by offering low-priced products without charging sellers a commission.
The owner of Omega and Longines said positive sales momentum that accelerated over the fourth quarter continued in January across all price ranges, with CEO Nick Hayek flagging a pickup in China.
The personal care giant cited Hero acne products and the 2025-acquisition of Touchland hand sanitiser as growth drivers.
AstraZeneca agreed to pay Chinese company CSPC Pharmaceutical Group Ltd. as much as $18.5 billion for its obesity drug candidates, as the UK drugmaker tries to push into the growing weight-loss market.
The Swiss firm missed expectations for yearly organic sales growth on Thursday, as weaker performance of its flavours business outweighed resilient growth in fine fragrances.
Luxury fashion brands are seeking to capitalise on the Milano Cortina Winter Olympics, opening boutiques, sponsoring teams and launching collections.
The bankrupt department store operator will focus instead on its luxury offerings at Saks Fifth Avenue, Neiman Marcus and Bergdorf Goodman chains.