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Luxury watch brands missing opportunities in London, New York

London and New York are missing opportunities for luxury watch makers who are seeking expansion in 2018. According to Savills, the international real estate advisor, 44 percent of brands that operate standalone boutiques globally are not yet present in either city. By contrast, the company says 73 percent of such brands already have a boutique...

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Retail

Paris thieves steal 3 million euros in luxury watches

Two safes containing luxury watches worth three million euros (3.3 million US dollars) have been stolen from a Paris warehouse, police sources said Monday. The theft took place in the chic 8th district of the French capital, at a storage facility for luxury watchmaker Richard Mille. One of the police sources said the safes had not been attached...

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