Swiss watchmakers expect the market to stay challenging this year with the United States, their second-biggest market, showing no signs of recovering, executives told Reuters at an industry fair in Basel.
French luxury goods group Hermes said on Wednesday it was starting 2017 on a solid footing after delivering record 2016 profits, providing further evidence of a broader recovery in the luxury goods industry.
British high-end retailer L.K. Bennett said it plans to open five stores in Russia, shrugging off the political and economic challenges of working in a country that's been under Western sanctions for almost three years.
Canada Goose Holdings Inc's shares surged as much as 40 percent in their market debut on Thursday after the high-end coat manufacturer raised C$340 million ($256 million) in an initial public offering.
Après-ski, or rather post-match, was the feeling at Hermès this season, where the designer unveiled a free-spirited collection – ideal for Rocky Mountain High cocktail hour or a disco dance in Courcheval.
Stella McCartney showed her new "skin-free skin" fabric at her Paris Fashion Week show on Monday and questioned the industry's use of leather and skins in an era where she says good alternatives are now available.