Tag: Tag Heuer

Retail Asia14/07/2021
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5min0
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 director Datuk Chu Boon Tiong said based on data and overall market performance, the pre-owned luxury watch market showed promising growth […]

Retail Asia18/03/2020
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Swiss luxury timepiece maker Tag Heuer has launched a pop-up at Shibuya Parco, Japan. The “Tag Heuer Connected” store delivers a futuristic ambiance in luxurious and stylistic tones featuring the colors of the brand against black. The store showcases Tag Heuer’s key technologies and celebrates the firm’s 160th anniversary. To mark the opening, the pop-up […]

Retail Asia31/01/2019
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7min0
The world’s largest luxury retailer LVMH shrugged off broader market pessimism overnight reporting record revenue of €46.8 billion last year, up 10 per cent over 2017. Excluding the closure of the unprofitable Hong Kong airport duty-free business in December 2017, the group’s organic growth was 12 per cent. Every business division delivered what the company […]

Retail Asia12/10/2018
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3min0
LVMH has tapped Stéphane Bianchi, the former CEO of the cosmetics firm Yves Rocher, to succeed Jean-Claude Biver as head of LVMH’s watch division. Biver, who recently turned 69, stepped down from his operational duties as president of the LVMH watch division and CEO of TAG Heuer for health reasons but will nevertheless remain as non-executive chairman […]

Retail Asia07/06/2018
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3min0
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 Guide will showcase curated content, educational features, and style advice, alongside details on how best to select and maintain […]

Retail Asia20/04/2018
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2min0
In a world-first concept, every aspect of the store is modular from the digital façade and displays to the decor. It offers customers immersion in the brand universe with its omni-channel buying experience. A highlight are the iTags, the brand’s connected displays. With just a few clicks on an iPad built into the display, the […]

Retail Asia29/01/2018
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3min0
It has been another record year for luxury products group LVMH Moet Hennessy Louis Vuitton. Revenue increased by 13 per cent year on year to reach €42.6 billion (US$52.9 billion), while organic revenue growth was 12 per cent. All business groups recorded double-digit organic growth with the exception of wines and spirits, where second-half growth […]

Retail Asia19/04/2017
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4min0
LVMH sales surged 15 per cent in the latest quarter to €9.88 billion (US$10.477 billion). That was nearly €400 million more than analysts had been expecting, with the result driven across all of the luxury group’s business units. Fashion and leather goods, which account for more than half the company’s turnover, rose 15 per cent […]

Retail Asia20/02/2017
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5min0
Swiss watchmaker Tag Heuer has launched a flagship store on Tmall. The opening of Tag Heuer on Tmall takes to five the number of LVMH units to have a presence on the Alibaba-owned site. The launch is the latest sign of luxury goods makers, faced with slower sales in the once-hot China market, embracing new […]

Retail Asia17/02/2017
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1min0
Beauty products brand Innisfree is launching in Indonesia with brand curator Time International. Part of Korean global beauty company AmorePacific Group, Innisfree offers products made with natural ingredients from Jeju, a volcanic island off the southern coast of the Korean Peninsula. Innisfree’s first store will open at Central Park Mall Jakarta on March 24, following […]

Retail Asia17/12/2016
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4min0
Luxury brands need to use new technologies and offer experiences for their customers, the second Luxury Society keynote event in Shanghai has been told. UCO Cosmetics CEO Arthur Zhang told the event that the early-stage eCommerce model of simply providing a platform for selling products online is dead. He said key technologies being experimented and improved […]

Retail Asia13/12/2016
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2min0
Tag Heuer sales have soared as the LVMH-owned luxury watch brand defies the downturn in the Swiss watch industry. And now the company is eying a greater presence in China, undeterred by the routing of the luxury retail market in Hong Kong.  It has opened 60 new points-of-sale in Greater China this year. In an […]

Retail Asia26/11/2016
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3min0
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. However, its overall gross margin improved by 5.3 points to 28 per […]

Retail Asia31/10/2016
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3min0
Project X, a multi-brand boutique that caters to young creative minds, has launched at Plaza Indonesia in Jakarta. From Time International, Project X offers a new take on men’s and unisex casual fashion and lifestyle. Its curated retail concept introduces 22 international brands and includes innovative designs in apparel, bags, shoes and accessories such as sunglasses […]

Retail Asia27/01/2016
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5min
With sales slipping in the industry’s largest market, the annual Watches & Wonders exhibition in Hong Kong may be cut back to every two years. High-end watchmakers are looking at a shift in strategy in Hong Kong in the face of the most severe downturn the industry has faced since the 2008-09 financial crisis, reports […]

Retail Asia05/10/2015
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2min
Tag Heuer, the Swiss luxury watchmaker, has chosen to partner with JD.com to open its first online store in China. The exclusive partnership will see Tag Heuer open an online flagship on JD.com’s Marketplace platform. The store will offer product lines specially selected for China’s increasingly sophisticated online consumers, featuring cutting-edge designs across multiple price […]


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