(Photo by Harold Cunningham/Getty Images) Getty Images Troubles in the luxury watch market continue, as evidenced by the latest report from the Federation of the Swiss Watch Industry. Swiss watch exports in August were 1.2 million units, 125,000 fewer than last year. Despite the decline in unit volumes, the total value of wristwatch exports increased...
Tag: Richemont
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Watches of Switzerland Group to buy Roberto Coin’s US ops
Italian jewellers are clearly in fashion. Just a day after Richemont announced it’s buying Vhernier, UK-based Watches of Switzerland Group had its own big news — it’s buying Roberto Coin Inc (the American arm of the Italian brand) for $130 million. Roberto Coin It said it’s a “significant milestone in the group’s luxury branded jewellery...