Watches of Switzerland

The role of watches in the wedding industry is growing. More than just a nuptial gift, some couples are choosing to exchange them in lieu of — or in addition to — engagement rings.

From seamless online-to-offline offerings to Metaverse-inspired installations, the standards of brick-and-mortar retail have evolved since the pandemic struck.

This week, Nicolas Hieronimus takes the helm at L’Oréal, while Macy’s appoints a Boston Consulting Group partner as Chief Financial Officer.

This week, Martin Brok succeeded Chris de Lapuente as president and chief executive of LVMH-owned Sephora, while Nicolas Di Felice joined Courrèges as artistic director.

As Chinese tourist numbers drop, the British retailer is looking to local customers to account for the decline.

From rental programmes to suped-up repair services, the industry’s leaders are working hard to get more profit out of fewer sales.

The luxury timepiece seller is pumping investment into acquiring regional US retailers that can't compete in the market alone.

With revenues of £746 million, the IPO could value the company at up to £1 billion.

The UK’s biggest retailer of luxury Swiss watches is pushing into America with its glossy showroom model intent on luring investors as much as millennials, as hedge fund owner Apollo prepares for an exit.