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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.
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.
Mirroring the 11% gain registered by Swiss watch exports over the first four months of the year, share prices in the luxury segment have climbed, reaching new highs in May.
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?
