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François-Henry Bennahmias (CEO of Audemars Piguet) and Richard Liu (founder of JD.com) deliver the watch to the buyer
China’s largest watch retail alliance

In January, JD.com, China’s second-largest e-commerce platform, announced a strategic investment in Xinyu Group, China’s biggest offline watch retailer. The partnership will give rise to China’s largest watch retail alliance, if not the largest in the world.

Monday, 11 March 2019
Shining Zhu
3 min read
Online watch retailing can't ignore China

As the economy picks up and China returns as a prime destination for Swiss watch exports, the battle for shoppers moves online... an area dominated by WeChat.

Thursday, 17 May 2018
5 min read
Richmont Headquarters in Bellevue © Richemont
Is Richemont poised to lead the global online luxury market?

On May 25th latest, Richemont will know if its €2.7 billion bid on Yoox Net-à-Porter, the biggest online luxury retailer, has been successful. So far, everything is going to plan, including Richemont's recent debut in the bond markets which raised €3.75 billion to finance the deal.

Monday, 07 May 2018
5 min read
The luxury market returns to "healthy" growth

The latest study from Bain & Company consulting firm is decidedly optimistic. After stagnation in 2016, normality returns to the overall luxury market which grew by 5% in 2017 to reach an estimated €1.2 trillion globally.

Thursday, 21 December 2017
3 min read
Dubai Mall Fountain
Connoisseur of watches
Are retailers ready to take the plunge?

What challenges do retailers face? The Hour Glass group in Singapore and Emirian family-owned firm Ahmed Seddiqi & Sons, both leading names, took stock of a profession in the throes of change, at Dubai Watch Week.

Tuesday, 29 November 2016
4 min read
''The crisis hasn’t changed the way we proceed,'' notes the Jaeger-LeCoultre’s marketing director Stéphane Belmont. ''We still produce the best quality at the best price. Our business model remains valid whatever the situation.'' © Jaeger-LeCoultre
Christmas will bring little cheer for watch brands

Christmas is a critical period for watch brands, with some making up to 40% of their annual revenues over the holiday season. This year, the majority have put together strategies aimed at boosting declining sales.

Friday, 27 November 2009
6 min read
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