Tiffany’s $52,000 Patek watch strategy backfires among elite clients

By Bloomberg Published July 17, 2025 Tiffany & Co., the iconic American jeweler now owned by LVMH, is facing criticism from its wealthiest clients after a controversial sales strategy for an exclusive Patek Philippe timepiece. The limited-edition Nautilus 5711, featuring Tiffany’s signature robin’s-egg blue dial, became a flashpoint in luxury retail, with customers spending millions…

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Authentic reinforces global strategy with APAC headquarters in Shanghai

On June 5, Authentic Brands Group, the global brand development and licensing platform, officially launched its APAC headquarters in Shanghai. Authentic’s APAC headquarters in Shanghai. – Credit: ABG Since its establishment in 2010, Authentic has consistently pursued a calculated global expansion strategy, achieved by developing regional hubs customized for specific local markets. The inauguration of…

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Kering’s debt burden grows as Gucci strategy falters

By Reuters Published May 28, 2025 In an effort to reduce Kering’s overreliance on its struggling flagship label Gucci, French billionaire François-Henri Pinault may have triggered a new crisis. A series of acquisitions has significantly increased the group’s debt load just as the luxury industry enters a prolonged downturn. Reuters Managing that debt has become…

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