Sales for the Specialist Watchmakers division of Richemont slumped by 38% over the six months to September 30 compared to the same period in 2019, although the sales decline improved from 56% in the first quarter to 18% in...
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London’s Evening Standard’s front page splash yesterday screamed: Virus cases fall in swathes of London. The article went on to document the £6 billion wipe out that the London economy will endure through this month-long second lock down and...
Online auctions at Fellows have flourished due to Covid-forced lockdown restrictions, the auction house has said. The auctioneers explained how it reacted quickly when the pandemic hit and pivoted their live public auctions to a timed, online only format....
PETA has long been campaigning for the ban of use of animal skin for use in watch straps and Chanel’s latest release is a step in the right direction for the activists latest cause. Following the campaign last year,...
Kelly Yoch has been appointed as Watches of Switzerland Group’s client relations director. Yoch had been serving as Senior Patek Philippe Consultant at Tiffany & Co for North America. It forms a newly created position for the Watches of...
While no retailers avoided the turmoil of lock down during the covid quarter, few have endured as much uncertainty since non-essential stores reopened in June as David M Robinson. Liverpool was first into the top tier of restrictions as...
Richemont and Chinese ecommerce giant Alibaba are rumoured to be in talks to invest in Farfetch, a London-based online marketplace for luxury goods. The Information, a respected technology industry title, reports that Alibaba is in talks to buy shares...
Sainsbury’s is closing around 420 standalone Argos stores over the next three years, but will open 150 more inside its supermarket sites. Argos is one of the biggest retail channels for high volume players in the UK, with watches...
Having first piloted the protection of its watches using blockchain technology last year, Vacheron Constantin is rolling out the anti-counterfeiting measure to every watch it produces. Breitling announced a similar strategy last month. The Vacheron Constantin pilot, started in...
Czech-German company Leitners is now live on Kickstarter with its new hybrid smartwatch, the Ad Maiora. Ad Maiora means “towards greater things” in England and contains an automatic mechanical movement while housing a full dial display. A new addition...