Industronics Bhd is tapping on the US$17 billion pre-owned luxury watch market through Ecgo International Ltd, its wholly-owned subsidiary in Hong Kong. This follows the launch of Industronics’ luxury watch e-commerce platform, watch-exchanges.com. Executive…
Richemont Group sales soared 24 per cent in December quarter, to €3.915 billion. It was largely down to the inclusion of online acquisitions Yoox-Net-A-Porter (YNAP) and Watchfinder, which were consolidated into the group’s accounts on May 1 and June 1,…
MR PORTER launched The Luxury Watch Guide, a new online destination for its ever-expanding selection of the world’s leading watch brands, including IWC Schaffhausen, Jaeger-LeCoultre, Breitling, TAG Heuer, Officine Panerai, Ressence and more. The Luxury Watch…
Luxury watchmaker Jaeger-LeCoultre has reopened its flagship store in Makati City in the Philippines, enhancing the experience for local timepiece gurus. Located in Ayala Center’s Greenbelt 5 in Makati, the 40-square-metre boutique was reopened last week with…
Japanese lifestyle clothing and accessories brand Muji Canada is expected to expand to Vancouver next year. Known for its minimalist approach, Muji already has three stores in Toronto. It has about 300 stores outside Japan. Vancouver’s retail sector continues…
Feeling the pinch from a tough trading environment, luxury goods retailer Richemont has announced restructuring measures, including the closure of stores. Richemont Asia sales have declined despite a 26 per cent increase in sales in Mainland China. Global…
In a first for the market, a TimeVallee Watch Boutique has opened inside Japan Duty Free Ginza on the eighth floor of Mitsukoshi Ginza Store in Tokyo. It is based on the concept of offering multiple international luxury-watch brands, and is the first such…
“Landlords have to face the reality, no matter how reluctant they are,” Lawrence Wong, a director at property agent Sheraton Valuers Ltd., said in a telephone interview Saturday. “It’s still better than leaving their property empty.” Russell Street has lost…
Studio City and Taubman Asia, have revealed the lineup of fashion brands that will open inside The Boulevard at Studio City. A mix of fashion-forward labels and internationally-renowned luxury brands include Macau’s first Balmain, Macau’s first Belstaff, and…