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Watches

Swatch, Audemars Piguet to unveil collab on May 16

Astrid Wendlandt

8 May 2026

Swatch brand has posted on its Instagram account a photo that announces a collaboration with Audemars Piguet’s bestselling Royal Oak that will be unveiled on May 16. It would be a great coup for Swatch brand owner Swatch Group, whose sales have been hit hard by the spending downturn and poor management. Audemars Piguet has good relations with the group, since it’s one of its suppliers.

Weekly Highlights

COUTURE AND CASA BRIGHTEN ARMANI’S LOOK, BUT BUYERS WAIT

Giorgio Armani SpA made a hotly anticipated first trading update since its eponymous founder died last year, putting on the block the company he built over 50 years. It revealed sharply diverging fortunes in Armani’s vast, unwieldy business. Couture and Casa were thriving, while its traditional fashion lines, which represent the bulk of business, were down for a second year, hitting the top line.

Recent Publications

Cosmetics

If Puig and the Estée group tie the knot, Marc Puig should lead

Astrid Wendlandt

3 May 2026

The global luxury crisis is fomenting a new season of matchmaking. One of the most audacious is a transatlantic tie up between New York’s Estée Lauder Companies and Barcelona’s Puig. Their bankers are working overtime to create a beauty behemoth. Who gets to run it, is the thorniest question. Given track records, Puig Executive Chairman Marc Puig would be the best option.

Fashion

An unusual deal around the sale of Roberto Cavalli

Astrid Wendlandt

26 April 2026

The Emirati billionaire Hussain Sajwani, chairman of Damac Properties, one of the world’s biggest real estate companies, is selling control of Roberto Cavalli in slices, sources with first-hand knowledge of the upcoming deal said.

Exclusive Watches

Former TAG Heuer CEO could be heading to De Bethune

Astrid Wendlandt

23 April 2026

Antoine Pin, the former TAG Heuer boss ousted in December after 16 months, could become the new CEO of high-end independent watch brand De Bethune after his gardening leave ends in early July, several industry sources said. If the hire is confirmed, it would be a great return for the seasoned watch executive.

Cosmetics Exclusive

What’s the future of Coty?

Astrid Wendlandt

19 April 2026

Coty denied this week that it was in talks to sell licenses for brands including Burberry and Hugo Boss to Interparfums, but Miss Tweed can confirm that it is. The U.S. beauty group is desperate to raise cash to cut down its more than $3 billion of debt. This is not the first time Coty is not transparent about what is really going on.

Cosmetics Exclusive

Interparfums in talks for Burberry, Hugo Boss licenses from Coty

Astrid Wendlandt

16 April 2026

Paris-listed Interparfums is in early talks to acquire the Hugo Boss license from Coty and it’s in more advanced talks to buy the Burberry license from the struggling U.S. beauty company, several industry sources said.

Fashion

Gucci’s revival is not in the bag yet

Astrid Wendlandt

12 April 2026

The house of Gucci is proving to be a tough one to revive. The arrival of designer Demna Gvasalia has not produced the energetic reboot that investors hoped for, retailers and sources close to the brand said. When parent Kering publishes first-quarter figures this week, they will show that Gucci’s sales have continued to decline, albeit at a slower pace than before.

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