Now playing Next Business Swatch warns clock's ticking over consumer spending in China A more cautious approach to spending in China could result in lower sales in the country until the end of the year, the Swiss watchmaker is warning. 01/04/2024
Now playing Next Business Hermès lands in hot water over Birkin bag sales antitrust class action Hermès has been slammed for allegedly coercing clients to buy other products, to hopefully get a chance to buy the famed Birkin bag. 21/03/2024
Now playing Next Business China slowdown puts brake on luxury car maker Bentley's sales Slowdown in China puts a dent in sales for luxury car maker Bentley but more and more customers are looking to add individual style to their cars. 19/01/2024
Now playing Next Culture news Arnold Schwarzenegger detained at Munich airport over luxury watch The actor and former California governor travelled to Germany for a charity auction, but was held up upon arrival for failing to follow EU rules when it comes to valuable items over a certain price tag. 18/01/2024
Now playing Next Business European luxury sector's outlook for 2024: Time to hold or fold? European luxury sector stocks had a negative start to the new year. Bank of America recently provided insights into the sector's outlook for 2024. Analysts emphasise the significance of Chinese consumer behaviour but also raise concerns about challenges faced by 'turnaround' brands. 14/01/2024
Now playing Next Business The world's fastest on-road car is up for auction The Bugatti Chiron Super Sport 300+ could fetch as much as €5 million. 11/01/2024
Now playing Next Design Who is LVMH’s new head of watches Frédéric Arnault? The 29-year-old son of the second-richest man in the world is now head of watches at LVMH. Here’s what to know about Frédéric Arnault. 09/01/2024
Now playing Next Markets Markets' week ahead: European stocks muted ahead of US inflation data European markets opened more cautiously this week, following weakened sentiment in Asia and with US inflation numbers on the horizon. 08/01/2024
Now playing Next Business Rolls-Royce sees record sales as demand for all-electric car grows Luxury car-maker Rolls-Royce reports "extraordinary" year, with record sales and rising demand in all-electric Spectre model. 08/01/2024
Now playing Next Markets Riding the fence: Luxury stocks give out mixed signals this year Euronews Business looks at how luxury stocks such as Hermès and Kering did throughout the year. 28/12/2023
Now playing Next Markets Weekly markets wrap: Luxury stocks lead gains as energy slumps Euronews Business looks at which European stocks made impressive moves this week and which were lagging behind. 08/12/2023
Now playing Next Markets Novo Nordisk ascent: Will Europe’s biggest company continue to soar? In the wake of substantial growth, Novo Nordisk's stock price has climbed to near-peak levels, with investors asking whether the stock is now hovering in overvalued territory. Euronews Business takes a closer look at Europe's most valuable company. 05/12/2023
Now playing Next Culture news A 'stitch-up': What's at stake for Gucci as Rome workers strike Gucci employees are striking in Rome over what they claim is "collective dismissal" by the company. But a lot more could be at stake for the Italian luxury brand, including its upcoming fashion show. 27/11/2023
Now playing Next Business Burberry feeling the spending squeeze as shares slump British luxury brand Burberry says it probably won't meet its low double-digit revenue growth forecast for the year. 16/11/2023
Now playing Next Markets Is the luxury goods market back to normal? The global luxury goods market’s growth is back to normal, a new report shows. The post-pandemic rebound seems to be over, but numbers remain high with €1.5 trillion for the industry’s market projected in 2023. 14/11/2023
Now playing Next Lifestyle Grand Prix d’Horlogerie de Genève: Audemars Piguet wins Aiguille d’Or The Grand Prix d’Horlogerie de Genève award ceremony is the pinnacle of the Swiss watch industry calendar, where the crème de la crème of watchmakers presents their best timepieces. 09/11/2023
Now playing Next Lifestyle Watch enthusiasts switch gender stereotypes in favour of variety Despite women owning and wearing watches since the 19th century, it’s still a sector that’s heavily focused on the male market. That, however, is changing. 07/11/2023
Now playing Next Focus World's top watchmakers vie for the coveted Aiguille d'Or in Geneva The countdown is on for the Grand Prix d'Horlogerie in Geneva, where 90 timepieces are in the running for 20 prizes, including the renowned Grand Prix de l'Aiguille d'Or. 27/10/2023
Now playing Next Markets London takes back European stock exchange crown from Paris The London Stock Exchange's performance was lifted by increasing oil prices, according to a Bloomberg index. 19/10/2023
Now playing Next Culture news Grand Prix d'Horlogerie de Genève: Nominees for best timepieces 2023 The Grand Prix d'Horlogerie de Genève (GPHG) awards focus on the impressive art of watchmaking and will take place this coming November. 17/09/2023
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