Just a couple of days ago everyone was shaking their heads over Prada and wondering why the brand was doing relatively badly compared to its luxury peers. But on Monday it was (partially) vindicated when LVMH said its Q1 sales (ie the first three months of the year) were rather lacklustre. But don’t run away with…
Everyone’s been watching and waiting on the luxury sector to see it could defy the global downturn and make it through last year (and especially Q4) intact. The big questions are: did the Paris terrorist attacks hit luxury hard, what impact did the Chinese slowdown have, and has lower income from oil for Russian and…
With next year’s Consumer Electronics Show just around the corner, the press releases about new product launches are coming thick and fast. One interested me in particular because it shows just how much the product-making community believes smartwatches really will one day become an integral part of our lives. The Apple Watch may been this…
Luxury watch maker Tag Heuer has unveiled its first ‘smart watch’, an Android Wear device based on its Carrera series that sells for $1,500. It makes Apple’s highest-priced watch look pretty overpriced at $10,000. Let’s face it, most luxury watch buyers would probably rather have a Tag-branded device on their wrists than an Apple one.…
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