Richemont shares rallied as strong appetite for Cartier jewellery during the holiday season signalled consumers still want to splurge on bling.
The Nespresso coffee-capsule system has been derided as an expensive and environmentally unsound device that clutters up the kitchen counter.
Swatch Group AG, the largest Swiss watchmaker, is boosting headcount and inventory to record levels.
Starting early is key given teens today are some of the most recalcitrant shoppers in modern history.
Swiss watchmaker Richemont surprised investors with weak sales growth in Europe as the strong euro put off tourists.
A rare Patek Philippe became the most expensive wristwatch ever sold in an auction as it went under the hammer for $11 million.
Richemont reports a decline in profit and announces the departure of Chief Executive Officer Richard Lepeu next year.
Nestle cut its full-year forecast amid slowing growth in emerging markets and deflation in Europe and North America.
Nestle CEO Paul Bulcke expects pricing to start rebounding in the coming months after reaching “historically low” levels.
Swatch Group shares plunge as the watchmaker warns of a collapse in first-half profit.
The maker of Cartier jewellery and IWC Schaffhausen timepieces forecast a difficult first half after sales plunged 18% in April.
Nestle reported Q1 sales above analysts’ estimates after Nescafe and Nespresso were boosted by marketing to ward off competition in coffee.
The Swiss watch industry is grappling with a raft of problems.
Maker of Cartier jewellery reports its first decline in Christmas revenue since 2008 amid weak demand for watches in Asia.
Hollywood icon George Clooney helped Nespresso to conquer Europe. Can he do the same in America?
Swiss watch exports had their biggest quarterly decline since 2009 as the industry struggles with a strong franc and a slump in demand.
Luxury timepiece producer Omega banks on the alluring appeal of James Bond to attract new customers.
Yoghurt maker Danone reports third-quarter sales above analysts’ predictions.
Nestle says it will fall short of its long-term growth target for a third consecutive year.
Nestle i in advanced talks with R&R Ice Cream to create a joint venture to run most of its ice cream business outside North America.
Jewellery maker Richemont says its five-month sales accelerated amid higher demand in Japan and Europe.
Nestle says KitKat will become the first global chocolate brand to make all its products with sustainably sourced cocoa.
A shift in Chinese spending patterns sees Swiss watch exports fall 9. 3 percent in July.
Foodmaker Nestle’s first-half sales growth exceeds analysts’ estimates.
TAG Heuer is shutting a store in Hong Kong as high rental costs and declining numbers of customers weigh on profitability.