Monthly Swiss watch exports suffered their biggest decline since 2020 as demand for premium and luxury timepieces in key markets including China and Hong Kong plunged.

As a further measure of Berry’s Jewellers’ ongoing success, the Yorkshire-based luxury jeweller has opened a large monobrand boutique for Swiss luxury watchmaker Breitling in Leeds.

​Valentino has formed a new cultural partnership and has been announced as the sponsor of the International Booker Prize 2024 ceremony.

​Harvey Nichols has faced tough conditions in recent years but it’s now hoping for better times ahead with the announcement of a new CEO from one of luxury's major labels.

Swiss watchmakers are increasingly turning their sights towards India thanks to a new free trade agreement that is due to gradually open the doors for luxury timepiece exports.

​Valentino has opened the doors of a major new flagship on upscale Sloane Street in London, which it said continues the label’s “evolution towards a more intimate, design-led retail dimension”.

The 2024 Geneva watch fair opened on Tuesday amid slower demand in China for fancy Swiss timepieces and timid consumer spending across the board on luxury items.

Yorkshire-based luxury jeweller Berry’s Jewellers has continued its three-year run of positive trading.

The head of Rolex SA said viewing luxury watches as investments is dangerous following a surge in interest from speculators during the pandemic.

Inditex’s Zara continues its UK upsizing programme with the Bullring & Grand Central shopping destination now hosting a significant new flagship for the Spanish fashion brand.

As top brands like Gucci and Prada prepare to report billions in sales this month, luxury fakes on the streets of Naples are also yielding a jaw-dropping cash stream -- for the mafia.

​Richemont’s renewed attempts to divest Yoox Net-A-Porter have attracted the attention of luxury rival Mytheresa, a report has claimed. It's believed to be among potential bidders to buy loss-making e-tail giant YNAP.

​UK-based Grosvenor may be best known for its ownership of vast tracts of London’s West End but it also has major international businesses and one of them has struck a key deal with Bulgari.

Movado Group has announced the appointment of Debbie Forman-Pavan to the role of president of North America sales.

One key test of an artist or designer is whether they have a powerful signature style, which explains the remarkable longevity of Jean-Charles de Castelbajac who on Wednesday launched a limited edition watch with MB&F.

Luxury labels have recently been focusing on their more affluent clientèle, but they should not overlook aspirational customers, whose numbers are rising worldwide and who have extremely varied profiles.