Chanel took the financial community by surprise when it published its annual results. Firstly, for such a show of transparency from an unlisted company and secondly for the quality of the numbers that put the French firm at the top of the luxury pyramid.
Articles on the subject: Economy
As Industry 4.0 continues to develop, new professions will appear but there will still be a place for rare crafts. Businesses will have to take lucid decisions about where to make cuts in the workforce.
Watch brands are using smart data to give the market exactly what it wants. Customization is one of the services to benefit from this.
Having acquired Watchfinder, a UK-based platform for buying and selling pre-owned watches, Richemont is the first big name to enter the increasingly coveted and fast-growing market for second-hand timepieces.
On the eve of the 2018 FIFA World Cup, it's clear that two brands – TAG Heuer and Hublot, both LVMH - have swept the board in football. Behind this winning strategy is the one and only Jean-Claude Biver, President of the luxury number one's watch division.
Deloitte's latest Millennial Survey leaves little room for doubt. Uneasy about the growth of Industry 4.0 and its attendant technologies, millennials see business as focusing too much on the bottom line and not enough on society and the environment. What are the main takeaways of this year's report?
Ulysse Nardin chose the Cannes Film Festival to launch a Hyperspace version of its Executive Skeleton Tourbillon. A Star Wars spacecraft provided the inspiration. Miniature painting and high mechanics are in command.