The international auction house posted a banner year in 2022 with watches, jewelry, andhandbags, and is on track for the same in 2023.

Swiss watch exports declined slightly in July, the first monthly drop in more than two years, raising concerns that demand for pricey timepieces is beginning to slow amid higher prices and economic pressures.

Luxury watches worth more than £1 billion ($1.3 billion) have been reported as stolen or missing, with a surge in thefts last year.

​Luxury department store Harrods has released its results for the year to the end of January 2023 with the figures highlighting its bounce-back post-pandemic. 

Watches of Switzerland reporting a dip in revenues? Yes, it can happen. It said that Q1’s “robust” demand for luxury watches exceeded supply in UK/Europe and that stifled sales numbers there, as did tough comparisons.

​Farfetch’s Q2 to June 30 saw digital platform GMV and digital platform services revenue growth accelerating to 7% and 10% year-on-year. And it saw record active consumers of 4.1 million, up 7%.

​Manju Malhotra, CEO of Harvey Nichols, has quit the role she’s held for just over three years with Pearson Poon, son of the retailer’s majority owner Sir Dickson Poon, to become vice-chairman until a new CEO is found.

China has lifted a ban on group tours to a slew of countries including the US, UK, Australia, South Korea and Japan, in a big test of demand for overseas travel from what was once the world’s biggest source of tourists

Dior’s link-up with Harrods late last year made a huge impact and the company is continuing the close relationship this month with three pop-up boutiques in the luxury department store. 

Duty-free retailer Dufry lifted its full-year profitability target after posting forecast-beating results for the first half thanks to a post-pandemic global travel boom

An armed gang robbed a Paris store of luxury jewellery and watch brand Piaget on 1 August, making off with 10 to 15 million euros worth of goods in broad daylight, police and prosecutors said.

In recent months, various K-pop artists have become ambassadors for major luxury brands. Let's take a closer look at the Korean stars who are bringing these luxury brands to life.

​Harvey Nichols has published its results for the year to April 2022 with the company remaining loss-making, but its overall performance clearly improving.

Sales at Birkin bag maker Hermès accelerated in the second quarter, showing the resilience of global demand for the group's high-end leather goods despite a clouded economic backdrop.

​There was big news on Thursday afternoon as Gucci owner Kering and Valentino owner Mayhoola said the French luxury giant has acquired a 30% stake in Valentino for €1.7 billion in cash.

Italian fashion group Prada posted 20% growth in first half sales on Thursday as a strong performance in Asia and Europe helped to offset a slowdown in its Americas region.