Swiss Watch Exports Could Dwindle to 12 Million Units As High-End Shift Accelerates In the realm of luxury timepieces, the Swiss watch industry has long been the epitome of excellence and craftsmanship. However, recent insights suggest a shifting landscape that could have a significant impact on the export market. According to Morgan Stanley’s annual report, […]
Ferragamo Parts Ways With CEO Marco Gobbetti
Ferragamo Parts Ways With CEO Marco Gobbetti Italian luxury fashion house Salvatore Ferragamo has announced the departure of CEO Marco Gobbetti next month, after just over three years at the helm. Gobbetti’s tenure was marked by challenges as the brand struggled to curb sliding sales, with shares plummeting by a staggering 66 percent during his […]