By Bloomberg Published September 14, 2025 Thais are poised to buy more gold for a fifth straight year, as a rally in the local currency makes the bullion cheaper, complicating efforts by the central bank to curb the precious metal’s influence on the baht. Bloomberg With gold prices climbing to new highs, more Thais are…
By Reuters Published September 14, 2025 Swiss watchmaker Swatch has begun selling a special edition watch with the numbers three and nine reversed on its face in a play on the 39% tariffs President Donald Trump imposed on U.S. imports from Switzerland last month. Reuters The tariffs – among the highest set by Trump worldwide…
Published September 15, 2025 Luca de Meo seems intent on reshuffling the deck at Kering. At the French luxury group’s annual general meeting in September, the new Italian boss, who joins from Renault, took a straight line to express his vision. The new roadmap will be announced in early 2026, but he and his team…
By DPA Published September 14, 2025 Swatch Group CEO Nick Hayek has criticized Switzerland’s “defensive” stance in the customs dispute with the U.S. In an interview with the “NZZ am Sonntag” newspaper, he proposed 39% export duties on gold bars to the U.S. as a strong signal: “That would have sent a clear and strong…
Published September 14, 2025 Estée Lauder has appointed René Lammers as executive vice president, research and innovation. This appointment will take effect on October 1. He will join the management team under Stéphane de La Faverie, CEO and president of the American cosmetics group, whose portfolio includes Clinique, Deciem, and Le Labo. René Lammers –…
By AFP Published September 14, 2025 Bernard Arnault, CEO of the world’s number one luxury goods group LVMH, said on Friday he was “honored” that his group had been designated by Giorgio Armani in his will as a “player likely to forge a partnership” with the Italian group. Bernard Arnault – Archives AFP “Giorgio Armani,…
Published September 14, 2025 This September 14, Parisian high-end label Baziszt has signed a collaboration with women’s ready-to-wear brand Sézane. An unexpected association between one of France’s leading brands and a new player on the men’s scene. Piece from the Sézane and Baziszt collaboration – Sézane When he launched his line of shirts three years…
Published September 14, 2025 The rankings of the biggest cross-border sales sites operating in Europe in the fashion, beauty, and luxury sectors show that these three markets are dominated by Amazon, Notino, and Swarovski. However, this edition of the Cross-Border Commerce Europe rankings also highlights the rise of Temu, Zalando, and Farfetch, as well as…
Published September 14, 2025 Le Rouge Français, founded in 2019 by Élodie Carpentier and Salem Ghezaili, has chosen Rue de Turenne, a stone’s throw from Place des Vosges, to set up its first physical boutique. La Bouche Rouge’s first boutique in the Marais district – DR Designed as an immersive space, this address showcases the…
Published September 14, 2025 The program of shows (and parties) for ModaLisboa Base was unveiled on Friday, September 12, by the Portuguese association responsible for Lisboa Fashion Week, which was born in 1991 by the hands and talent of the designer duo Eduarda Abbondanza and Mário Matos Ribeiro, who were part of the avant-garde of…
