Shiseido Co. slashed its profit outlook for the year as the Japanese cosmetics giant reported a profit plunge in net income amid a persistent slump …
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Swatch Shakes Up Executive Committee as Luxury Slowdown Persists
Swatch Group AG is shaking up its executive management committee just months after the watch and jewellery maker faced investor calls for improved corporate governance. …
Canada Goose Cuts 17% of Roles as Consumer Pullback Persists
Canada Goose Holdings Inc. is cutting 17 percent of its global corporate workforce as it attempts to support long-term growth amid a slowdown in sales. …
Swiss Watch Exports Struggle as Luxury Slowdown Persists
Swiss watch exports rose modestly in January as growth slowed and weak demand for luxury and mid-priced watches dragged on the sector. Monthly exports increased …