"Both are luxury goods," says Mr Babin, who was CEO at Tag Heuer for 12 years, before becoming CEO of Bulgari last year. The two brands are under luxury goods conglomerate LVMH. "Jewellery is made of natural gems and stones. Watches use gems and …

On Wynn Resorts' second-quarter earnings call on Tuesday, Chief Executive Steve Wynn noted luxury watch sales are also down in his Macau casino. A top Macau executive from a popular Western luxury brands said the company is seeing the same trends …

"Michael Kors rooted in its fashion luxury positioning this season has a fabulous black watch. Most of us don't have a whole lot of black jewelry in our wardrobe … who better than Michael Kors with his credo for fashion and watches better exemplifies …

Claire Adler, a luxury jewellery and watch consultant, added: “Ulysse Nardin has a reputation for daring, ambitious, experimental watches that are not for the fainthearted. It is a good time for giant luxury conglomerates to go shopping – luxury …

Another smartwatch entrant is coming soon and it looks like it will be one of the few watches not packing Android Wear. Hewlett-Packard is teaming up with Gilt, a designer label discount site, and U.S. fashion designer Michael Bastian to create a …

People in the watch business often say that the “industry is very small.” That isn't because the multi-billion dollar a year watch sales market is insignificant, but rather that a few key stakeholders more or less control the business. To be a …

Richemont owns several of the world's leading luxury brands, with particular strengths in jewellery, luxury watches and premium accessories. It has a market cap of R539.8 billion, a PE of 20.5 and a dividend yield of 1.4%.Guest Francois du plessis from …

Sofisti has spent the last three years as head of Kering's luxury watches and jewelry division. A new CEO is currently being appointed for Girard-Perregaux, while JeanRichard is cared for by the able Bruno Grande. The luxury watches and jewelry …

This is part of a longer-term strategy to reach the younger generation who aspire to own a luxury timepiece. "Being able to showcase our products puts us at the front of the consumer's mind and at the same time we hope they will associate the product …