He rose from being a $140,000-a-year appointee at City Hall to a financial executive who collects almost $700,000 a year in compensation and amassed a collection of four luxury cars and expensive watches, according to public records. After the deal was …

The preferred watch of famous politicians, business leaders, movie stars, and athletes, Rolex is the most recognizable luxury watch brand out there. In the same way that driving a BMW says “yeah, I'm successful,” wearing this watch also makes a statement…

ZURICH (Reuters) – Swiss watch exports to China rose in December, data showed on Thursday, adding to signs a difficult spell for luxury goods makers in an important market may be coming to an end after Swatch Group's upbeat statements on Wednesday.

The weakness of currencies against the Swiss franc and a crackdown on extravagant gifts in China, the largest market for Swiss watches, has weighed on luxury watchmakers. Exchange-rate swings cut more than 100 million francs from second-half sales, …

About two-thirds of luxury goods were bought abroad, the report said. Another major factor to cool the market was the government campaign to curb extravagance and promote frugality. The campaign has especially affected the sales of luxury watches and …

The sales of watches, which makes up more than one fifth of the total domestic luxury goods market, declined by 11 percent in 2013. Menswear shifted from a booming business category in previous years to a slightly declining one in 2013. However …

DOHA: More than 500 brands of the most luxurious jewellery and timepieces will feature at the 11th edition of the Doha Jewellery and Watches Exhibition from February 25 to March 2 at Qatar National Convention Centre (QNCC). With 34 exhibitors on …

… on high powered motorbikes and rushed past staff shortly after midnight on Monday. They targeted display cases in the lobby, smashing them open using a hatchet and a hammer and emptying them of luxury watches before making off on the waiting bikes.

Smash and grab raiders stole £300,000 worth of luxury watches after a lightning raid on a five star Knightsbridge hotel early today. Four suspects wearing helmets and black clothing ransacked display cases inside the Jumeirah Carlton Tower Hotel …