In a landscape where many luxury brands are struggling, Hermès International has emerged as a beacon of resilience, prompting analysts at BNP Paribas Exane to upgrade the luxury goods maker’s stock to an “outperform” rating. This upgrade not only reflects confidence in Hermès’s robust business model but also positions it as a defensive trade option […]
Swiss Watchmakers Call on SNB to Act on Franc as Exports Slump
In a pressing appeal that highlights the challenges faced by the Swiss watch industry, manufacturers have urged the Swiss National Bank (SNB) to take decisive action to mitigate the appreciating value of the Swiss franc. This call comes in light of a 2.4 percent decline in watch exports in the first half of 2024, marking […]
The Independents Acquires Kitten Production
The fashion public relations powerhouse, The Independents, has made headlines with its recent acquisition of creative agency Kitten Production, marking yet another strategic move in its expansion journey. This acquisition is the second in a single week, showing the company’s aggressive pursuit of growth and innovation in the fashion marketing sector. With this transaction, The […]