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Owner of LVMH Luxury Group Bernard Arnault sitting between his daughter Louis Vuitton's executive vice president Delphine Arnault and his son CEO of Rimowa Alexandre Arnault attend the Louis Vuitton Menswear Fall/Winter 2019-2020 show as part of Paris Fashion Week on January 17, 2019 in Paris, France.
SuccessAs a ‘Succession’-style drama plays out, LVMH CEO Bernard Arnault brings two of his potential heirs to the Trump inauguration
By Sasha RogelbergJanuary 21, 2025
A DIAMOND NECKLACE ON DISPLAY
RetailCartier owner Richemont shines with better-than-expected sales as poor China demand offset by rest of the world
By Prarthana Prakash and AFPJanuary 16, 2025
Mark Zuckerberg giving a speech
LifestyleMark Zuckerberg wore one of the rarest watches in the world, worth $900,000, while announcing the end of fact-checking at Meta
By Sydney LakeJanuary 8, 2025
A bundled-up shopper looks at a Rolex holiday display window.
RetailRolex quietly raises prices more than 8% after gold bashes through new records
By Sasha RogelbergJanuary 2, 2025
Swiss watch exports fall again amid plummeting demand in China
RetailSwiss watch exports fall again amid plummeting demand in China
By Andy Hoffman and BloombergNovember 19, 2024
John Lennon’s rare Patek Philippe was stolen, sold for €600,000 and smuggled through Germany and Switzerland—but after 44 years it’s finally returned to its rightful owner
LifestyleJohn Lennon’s rare Patek Philippe was stolen, sold for €600,000 and smuggled through Germany and Switzerland—but after 44 years it’s finally returned to its rightful owner
By Robin Millard and AFPNovember 15, 2024
All the Rolex Submariner watches ever made are now near a total $50 billion market value
RetailAll the Rolex Submariner watches ever made are now near a total $50 billion market value
By Andy Hoffman and BloombergNovember 13, 2024
Swiss watch exports plunge as Chinese demand dries up
RetailSwiss watch exports plunge as Chinese demand dries up
By Andy Hoffman and BloombergOctober 17, 2024
U.K. Rolex dealer buys watch site Hodinkee backed by LVMH and Tom Brady
FinanceU.K. Rolex dealer buys watch site Hodinkee backed by LVMH and Tom Brady
By Andy Hoffman and BloombergOctober 4, 2024
Swiss brand Omega suffers major decline despite leading Paris Olympics—Rolex, Patek Philippe and Audemars Piguet gain
FinanceSwiss brand Omega suffers major decline despite leading Paris Olympics—Rolex, Patek Philippe and Audemars Piguet gain
By Andy Hoffman and BloombergSeptember 13, 2024
Swiss watchmakers put employees on state-funded furlough as luxury demand disappears
LifestyleSwiss watchmakers put employees on state-funded furlough as luxury demand disappears
By Andy Hoffman and BloombergSeptember 4, 2024
The creation of the Rainbow Daytona marks an important moment in Rolex’s history as it displayed the brand’s ability to craft ultra-high-end jewelry watches using innovative gem-setting techniques.
RetailThe first-ever Rolex Rainbow Daytona from the 1990s heads to auction and could fetch over $3.5 million
By Andy Hoffman and BloombergAugust 27, 2024
Albanian watchmaker’s $1.4 million ‘Primordial Passion’ one-of-a-kind timepiece is set to compete against the top watches at the Grand Prix d’Horlogerie de Genève
LifestyleAlbanian watchmaker’s $1.4 million ‘Primordial Passion’ one-of-a-kind timepiece is set to compete against the top watches at the Grand Prix d’Horlogerie de Genève
By Briseida Mema and AFPAugust 8, 2024
Max Verstappen of Netherlands, Oracle Red Bull Racing, portrait during the Formula 1 Rolex Australian Grand Prix of FIA Formula One World Championship from 30th of March to 2nd of April, 2023 on the Albert Park Circuit, in Melbourne, Australia. (Photo by Gongora/NurPhoto via Getty Images)
RetailRolex downturn? LVMH’s ‘smaller’ Swiss watch brand grapples with Rolex over $150 million Formula 1 sponsorship deal
By Andy Hoffman, Angelina Rascouet and BloombergJuly 24, 2024
Cartier's flagship store on Old Bond Street in London.
FinanceCartier and Van Cleef & Arpels owner Richemont shines bright as sales climb—offsetting declines from China and luxury watches
By Andy Hoffman and BloombergJuly 16, 2024
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