It seems like price tags is the last thing on the minds of the “golden youth” from the Arabian Gulf when shopping for luxury gifts. They want goods that are unique and yet recognisable – that is one of the conclusions drawn from a study by Groupe Chalhoub.
On April 13th, Christopher Bailey hosted Burberry’s biggest event to date, celebrating Britishness, music and technology in China. Also marking the recent opening of the brand’s flagship store in Beijing, the show is available to watch at Burberry.com.
Swiss police have handed to Interpol images of suspects believed to have stolen four diamonds from the world's biggest watch and jewellery fair in the city of Basel, a spokesman from the local prosecutor's office said Thursday.
Phillips-Van Heusen Corporation, one of the world’s largest apparel companies, and Ritmo Mundo, a luxury watchmaker, have entered into a licensing agreement under which Ritmo Mundo will market and distribute Izod watches in North America.
Fossil Inc's quarterly results breezed past analysts' estimates for the eighth straight quarter, helped by strong global watch sales. Fossil, which sells private-label products at mass-market retailers such as Wal-Mart Stores Inc.
In Dubai, whether it's chocolate truffles at $272 apiece or jewel-encrusted Dior mobile phones, shoppers are biting into luxury retail again after a downturn hit consumer spending in the Gulf Arab emirate.
Jewellers and watchmakers Cartier and Montblanc are preparing for further price increases in 2011 to reflect rising precious metals prices and currency fluctuations, the heads of the two groups said on Tuesday.
The world's biggest watchmaker Swatch on Wednesday posted record sales of 6.4 billion francs (6.6 billion dollars, 4.95 billion euros) for 2010, and issued a "positive" outlook for this year.The results were up 18.