Swiss competition authority WEKO said on Tuesday it has declined to open a formal investigation into watchmakers including Swatch, LVMH and Richemont over the supply of spare parts for independent watch repair shops.
The retail market of Rotterdam is flourishing. Store vacancies in the Netherlands’ second-largest city have decreased from 9.3% to 6.3% in three years, according to research from Colliers International.
Tax-free shopping specialist Global Blue is opening its first VIP Globe Shopper Lounge on Albemarle Street in Mayfair, underlining the importance of London's West End to the luxury industry and the tourist sector.
The LVMH group owns three Swiss luxury watch brands; Zenith, TAG Heuer and Hublot. FashionNetwork.com visited the three brands’ headquarters, ahead of their opening to the public for the LVMH ‘Private Days’ initiative.
Glossy magazine empire Conde Nast on Tuesday quashed months of rumors about the impending departure of Vogue editor-in-chief Anna Wintour, declaring that the magazine's 30-year veteran was staying "indefinitely.
Swiss watchmaker Swatch Group is quitting the annual Baselworld watch and jewellery trade fair, said a report on Sunday, calling time on an event that has been a fixture of the luxury industry calendar for a century.