Chao Tai Fook Tops L2’s Digital IQ Index: China – Watches & Jewelry Supplement; Cartier, Swarovski Round Out Top 3 With 70 percent of Chinese luxury consumers beginning their purchase online, digital is the tip pf the purchase spear in China. However, many Watch & Jewelry brands have adapted their marketing efforts to the needs … Read more
Chinese interest for luxury watches is growing. The big players get bigger Chinese consumers are becoming more educated and sophisticated A near 40% increase in searches shows that the interest for luxury watches in China remains strong despite a macroeconomic slowdown, according to the “World Luxury Index China: Watches” study launched by Digital Luxury … Read more
Richemont acquired Varin-Etampage and Varinor (‘VVSA’) Richemont, the Swiss luxury goods group, has acquired 100 % of the capital of VVSA in a private transaction with the shareholder group. Based in Delémont since 1962, VVSA is a high-end manufacturer of stamped exterior components for watches, gold refiner and producer of semi-finished precious metal products destined … Read more
Saks Incorporated Announces Opening of Saks Fifth Avenue Store in Almaty, Kazakhstan The growing and vibrant Almaty, Kazakhstan has its own tri-level, approximate 91,000 square foot Saks Fifth Avenue store – the first of its kind in Kazakhstan. The new store will include a VIP Club for both women and men and offer an ongoing … Read more
Vacheron Constantin celebrates 100 years of tonneau-shaped watch with a new Malte collection The world’s oldest watch manufacturer in continuous operation since 1755 and founder of the spirit of technical and precious Haute Horlogerie, Vacheron Constantin has been making horological history for over 250 years. In 1912, the first tonneau-shaped watch appeared at Vacheron … Read more
No more Jaeger-LeCoultre and Vacheron Constantin T-shirts and coats in Russia Jaeger-LeCoultre and Vacheron Constantin, through their Richemont luxury goods group, has won a trademark lawsuit in Russia. Jaeger-LeCoultre and Vacheron Constantin brands were used in Russia to sold …clothing. The company Ritter Gentlemen was using names and logos belonging to Jaeger-LeCoultre and Vacheron Constantin, … Read more