A pedestrian walks past an advertisement for Rolex watches China.
PARIS — Exports of Swiss watches rose 4.2 percent in August, with growth spurred by pricey timepieces, the Federation of the Swiss Watch Industry said on Thursday.Sales of Swiss watches totaled 1.42 billion Swiss francs, or $1.44 billion, with timepieces priced at more than 3,000 francs increasing the fastest, rising 6.8 percent. Sales of less expensive watches fell, however, with the steepest drop, of 5.7 percent, coming from timepieces at below 200 Swiss francs. This decline came at a slower rate than in previous months, the federation noted.In terms of regions, the fastest growth came from the U.K., Germany and Japan. Exports to Hong Kong, the industry’s largest market, climbed 2.7 percent, marking a fourth consecutive month of growth there. Exports to China continued to grow, up 3.3 percent, marking a trend of “high growth levels,” the federation said.The U.S. market remained difficult, however, where exports fell 4.9 percent.Swiss watch sales are scrutinized as an indicator of demand for high-end goods. Watch makers have been gradually becoming more optimistic since the beginning of the year, following a near 10 percent drop in Swiss watch exports in 2016.The federation has said that figures in recent months showed business is improving for the industry.
@zacposen's go-to holiday gift? Cookies! "I'll usually bake cookies and send them as a gift," said the designer, who recently released his cookbook "Cooking With Zac: Recipes from Rustic to Refined." Get the recipe for his Brown Butter-Chocolate Chip Cookies via link in bio 🍪🍪🍪 #wwdeye #cookingwithzac
For @monsemaison’s pre-fall 2018 collection, Fernando Garcia and Laura Kim honed in on the brand’s many signatures — men’s wear, which was tweaked and feminized through deconstruction, proportion play and lots of bare shoulders. See the rest of the photos on WWD.com #wwdfashion (📷: George Chinese)
On Friday night, @yohjiyamamotoofficial received the Design for Asia Lifetime Achievement Award in Hong Kong. The 75-year-old designer has been celebrated for many years and is best known for his dark and avant-garde tailoring. “In my long career, in design, architecture, [I’ve been to] so many parties, this is the very first time that I have such a warm feeling, I really appreciate this,” Yamamoto said. #wwdfashion (📷: @dominiquemaitre)
Discovery is collaborating with British pop artist @philipcolbert on a new line of clothing and accessories called Discovery Shark. The collection, which will launch next summer for Shark Week’s 30th anniversary, features a whimsical line of women’s and men’s bomber jackets, sweatshirts, bags and more. #wwdfashion
“I’m always a big champion of a female rapper, and I’m glad to see a new voice that feels unique and authentic that’s coming up, and I think we’re going to see more great things from her,” said @itsjeremyscott about @iamcardib, who performed at @moschino’s Art Basel Miami Beach party last night. #wwdeye (📷: @lexieblacklock)
@janellemonae’s “What’s Your Frequency?” room in @refinery29's #29Rooms made its debut this week at the opening of the Los Angeles art exhibit. “It’s about the ongoing conversation around mass surveillance, the weaponization of technology and cultural uniformity. My space was created so that we can come together and talk about the complexities of our humanity,” said Monáe. #wwdeye (📷: @bucknerphoto)
@pantone announced their Color of the Year 2018: Ultra Violet. Nearly 20 months after the musician Prince’s death, fashion is having a purple moment. Varying shades of purple appeared on spring or fall runways, from @christopherkane to @calvinklein. @gucci’s Alessandro Michele bathed his fall runway in ultra violet-colored light at one point. Pantone 18-3838 is meant to “push the boundaries of what inspires us to look upward and outward to the future.” #wwdnews #wwdfashion (📷: @kukukuba)