Will the new Gucci head designer bring about a turnaround?
At the beginning of February, the Swiss luxury group Kering announced the departure of Gucci head designer Sabato De Sarno. A successor is...
Wirtschaft
Swiss watch exports: Has the trough bottomed out?
The Swiss Watch Industry Association reported declining growth and significant declines in many months of 2024, only rarely interrupted by a...
Breitling ranks ahead of Rolex
Of course, this does not apply to the quantity sold and the turnover generated. But when it comes to the ranking "Best...
Pre-owned watch platform Chrono24 streamlines management and lays off 110 employees
In mid-January, the online watch portal informed its employees about a new organisational and management structure. In other words, this means that...
Seiko Germany takes over brand management in Austria from April
From 1 April 2025, Seiko Germany, Branch of Seiko Watch Europe S.A.S., will be responsible for the sales and service of...
Watch Report 2024: Rolex extends its market dominance
Morgan Stanley's annual report on the state of the Swiss watch industry, produced with the support of the Geneva-based consultancy LuxeConsult,...
Kering suffers from Gucci's weakness
Kering's turnover in 2024 amounted to €17.2 billion, 12 per cent below the previous year's figure of...
Richemont completes successful final spurt at the end of the year - and defies the declining watch business
In view of companies such as LVMH, Swatch Group and Kering, Richemont's business figures appear almost anti-cyclical. Because the...
Swatch Group with massive profit slump - Hayek remains calm
Down 14.4 per cent (sales) and a whopping 75 per cent (profit) - these are the current key figures for the Swiss...
LVMH with minimal sales growth in 2024 - confidence thanks to Trump
Last year, the French luxury goods group generated sales of €84.7 billion. This is two per cent less than...
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