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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…
Swiss timepiece maker Omega has launched its first e-commerce initiative in China. Omega China has opened a new pop-up store in the Tmall Luxury Pavilion, an online platform for premium brands under Alibaba Group. Pre-sales for Omega’s new Seamaster Aqua…
Tissot Japan plans to almost double its stores to 300 locations over the next few years. The Swiss watchmaker says its aim is to broaden its brand recognition in one of its most important markets. Part of the Swatch Group, Tissot has its products in about 170…
Omega Malaysia has opened its fourth boutique, at Suria KLCC in Kuala Lumpur. As well as a ribbon-cutting ceremony, there was a traditional lion-dance performance. Guests included actors Jojo Goh, Nazim Othman, Siti Saleha and Tasha Shilla, singer Sheila…
Swiss luxury watch manufacturer Omega has opened its fourth boutique in Malaysia, at Suria KLCC, to cater to growing demand for its timepieces. The event kicked off with a ribbon-cutting ceremony and a traditional lion dance performance. Omega president and…
While Swatch Group profits nearly halved last year in a weak global watch market, the Swiss company is predicting “healthy growth” ahead. Swatch Group owns such luxury brands as Breguet, Longines and Omega as well as marketing watches carrying its own name.…
Revenue plunged by 21.5 per cent for jeweller Luk Fook Holdings (International) to reach HK$5.5 billion (US$709 million) for the six months to September 30. Its interim results also show a drop of 31.5 per cent in overall same-store sales for the period.…
More luxury brands and new-to-market retail concepts are debuting at The Shoppes at Marina Bay Sands – along with an expanded collection of premium children’s brands at the North Promenade. Gucci Kids, Kenzo Kids, Paul Smith Kids and Stella McCartney Kids…
As Macau resorts swing the spotlight from gaming to shopping, designer labels are lining up to open their first stores in the former Portuguese colony. Established brands have already led the way, and the opening of two major resorts has introduced a broad…
Swatch Group, the maker of Omega and Tissot timepieces, has reported its lowest first-half profit in seven years, with demand tumbling in Hong Kong, France and Switzerland. Its first-half operating profit fell 54 per cent to 353 million francs (US$359…
