After a bumpy year, brands will need to prove real value to the highest spenders while also courting the middle class
A softening in the market is a harbinger of things to come — in both equities and the real economy
US is biggest market for sector which exports vast majority of products from France and Italy
Luxury house makes first external hire to the role since Karl Lagerfeld
Stock markets are not the economy, luxury edition
Terms of entry are nebulous. Is it for favoured customers? Prospective buyers? Superfans? Yes and no
Luxury scion’s Miu Miu brand is enjoying a boom, even in China, as rivals suffer from a broad pullback in spending
Companies curbed cross-border sales of branded clothing, says European Commission
Price-conscious buyers hunt for deals while others seek goods that can hold value in times of uncertainty
UK luxury stalwarts each embarking on turnarounds under new bosses
Rents on Via Monte Napoleone have jumped as tax break schemes lure super-rich
Luxury brands are having to contend with a slowdown in spending
850 companies ranked; Cisco shines despite Big Tech reserve; Rolls-Royce outperforms counterparts on inclusion scale; Erste Bank rises above politics; Diageo takes measure of its market; Ireland notes ‘diversity disparity’; fund management gender lag
Increasing appeal in US could provide a new growth runway in the sector
Fashion brand’s $8.5bn merger with Coach was scrapped after a months-long fight with antitrust regulators
Reshuffle at wines and spirits business comes as luxury sector deals with slowing growth and possibility of US tariffs
Zoomers are hoovering up luxury watches and building fast-growing offline communities around them; the craftsmen flying France’s watchmaking flag; accessories to jazz up a bag and to wear; travelling exhibitions becoming a bigger part of strategies to draw clients into a culture; watchmakers add aesthetic touches to functional pieces to boost sales
Creations have been prominent on the catwalks and many are future-proofed by working as bracelets or necklaces too
A shift in focus from ecommerce is in response to demand from clients for a more personal, tactile experience
Shops are building on well-established customer bases to offer high-margin products alongside existing lines
Founder Sébastien Chaulmontet on his start-up’s ‘imaginary vintage’ aesthetic and why value lies in design rather than volume
Dubai retailer sees changing appetites in the Middle Eastern market, where consumers historically favoured almost exclusively new models
The jewellery designer on the watches that mark milestones in her life and a desire for precision and punctuality
As sales of new timepieces decline, younger buyers priced out of more expensive assets are showing an appetite for value
A thriving generation of sought-after independent artisanal craftsmen are creating pieces with a distinctly national style