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Articles on the subject: Economy

Blancpain - Celia Kujala shortlisted Community Choice Award 2020
Luxury in support of biodiversity

As the effects of climate change become more and more “tangible”, luxury’s leading names are responding to the need for urgent action to stem environmental destruction and loss of biodiversity.

Thursday, 22 July 2021
10 min read
New York flagship © Vacheron Constantin
All eyes on the US

With Swiss watch exports to the United States rising 20% over the first five months of the year compared with 2019, the US has a lot to offer. Despite being a “difficult” market for Swiss brands to work in, it represents a welcome complement to China.

Monday, 28 June 2021
4 min read
L.U.C QF Jubilee © Chopard
Chopard, 25 years of manufacturing independence

As Chopard celebrates the 25th anniversary of its movement-making facility in Fleurier, co-president Karl-Friedrich Scheufele talks about the family values of a brand that has made independence its hallmark.

Monday, 14 June 2021
5 min read
Two scenarios for the luxury industry in 2021

The latest study from Bain & Co – Altagamma reports a return to growth for luxury in the first quarter. Will this play out for the entire year or – the more likely option according to Bain – will full recovery be in 2022?

Monday, 07 June 2021
4 min read
Richemont buoyed by Jewellery

Richemont’s sales for the year ended March 31, 2021 fell by 8%. The group’s jewellery business, online retail and strong performance in Asia-Pacific enabled what are “solid” results in a global pandemic.

Monday, 31 May 2021
3 min read
25H © Gucci
Gucci looks to Haute Horlogerie to rekindle growth

After meteoric growth between 2015 and 2019, Gucci is looking for new ways to boost performance. The roadmap for 2021, the brand’s 100th anniversary year, includes a foray into Haute Horlogerie. The first watches are already on display, Place Vendôme in Paris.

Monday, 17 May 2021
4 min read
Diamond enters the blockchain

LVMH, Richemont and Prada have just announced the launch of the Aura blockchain. In the diamond sector, nanotechnology and blockchain-enabled solutions are emerging as the future of traceability.

Monday, 10 May 2021
4 min read
Asia breathes life into luxury sales

As Europe continues to lag behind, Asia surges ahead and the United States is recovering well, signalling a strong start to the year for the luxury industry.

Monday, 03 May 2021
3 min read

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