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At five points in the past 500 million years, life on Earth was almost completely wiped out. We are now on the brink of a sixth mass extinction, and we are the cause. Can humans right their wrongs? The luxury industry must lead by example.
An influx of capital ends a year marked by a boom in sales at auction and on the pre-owned market as watches take on a new role as investment products.
The online marketplace for luxury pre-owned watches has opened a branch in Switzerland. We caught up with Executive Vice President Patrick Hoffmann, formerly CEO of Ulysse Nardin, in his Neuchâtel office to talk about the platform, which does a lot more than just sell watches online.
In the list of the most reputable multinationals in 2018, Rolex takes top ranking for the third consecutive year, beating Lego and Google to the number-one spot. Meanwhile, a similar survey of the main publicly listed Swiss corporations puts Swatch Group and Richemont second and third, behind bathroom manufacturer Geberit.
Having observed the digital transformation of marketing and media, Thomas Baillod set up Mercari Academy to prepare current and future managers for the challenges in distribution as it enters its digital age.
In 2017, the main growth engine of the luxury market was a generational shift, with 85% of luxury growth in that year fuelled by Generation Y & Z (Bain & Co). With the millennial mindset reportedly so different from generations before, are luxury watch brands doing enough to seduce these new luxury consumers?
In 2017, the main growth engine of the luxury market was a generational shift, with 85% of luxury growth in that year fuelled by Generation Y & Z (Bain & Co). With the millennial mindset reportedly so different from generations before, are luxury watch brands doing enough to seduce these new luxury consumers?
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.
