By Bloomberg Published Jan 30, 2024 Swiss watch exports hit record levels last year as watchmakers raised prices and shipments of cheaper quartz watches jumped, though the pace of growth tapered off in the second half. Exports of timepieces hit 26.7 billion Swiss francs ($30.9 billion) in 2023, but the rate of sales growth slumped … Read more
Photo: Dominik Bindl (Getty Images) Arnold Schwarzenegger was detained for three hours by customs officials after landing at Munich Airport in Germany yesterday. No, he didn’t bring a loaded handgun onboard a flight to kill Sarah Connor despite it being in vogue for Americans. The Hollywood movie star and former California Governor was wearing a … Read more
Screenshot: HBO/YouTube Late last year, Last Week Tonight host John Oliver dedicated more than 30 minutes to Elon Musk, covering everything from Tesla to SpaceX and even his anti-semitism. While it acknowledged that Musk’s companies have been able to do some innovative things, it didn’t exactly paint the man himself in a flattering light because, … Read more
Luxury resale platform Rebag has recognized Telfar as a top-performing resale brand in 2023. Telfar top-performing resale brand: Rebag report. – Rebag According to Rebag’s ‘Clair Report’ for 2023, Telfar retained an average of 228% of its retail value. Hermès handbags continued to top the list, retaining 110% of its retail value for the fourth … Read more
By Bloomberg Published Dec 9, 2023 The biggest ever boom in Swiss luxury watches is coming to an end. For three years, the industry enjoyed a surge of renewed interest that kicked off during the pandemic, when wealthy – and cash-flush – consumers stuck at home began drooling over luxury mechanical wristwear from iconic Swiss brands. … Read more
