Support the fact-based journalism you rely on with a donation to Marketplace today. Give Now!

Pandemic is giving the luxury watch market its moment

Oct 5, 2020
Collectors, newcomers and high-income earners who did not spend money on summer vacations are fueling demand in watches that cost thousands of dollars.
Watchmaker Kit Moc works on a piece at the Second Time Around Watch Co. in Beverly Hills.
Nova Safo/Marketplace

LVMH pulls out of Tiffany deal because of tariffs threat

Sep 9, 2020
But it could also have something to do with how luxury retail is doing during the pandemic.
A customer wearing a face mask walks past shops of luxury brands Tiffany's and Guerin at a mall in Paris. Luxury goods sales are down during the pandemic.
Alain Jocard/AFP via Getty Images

LVMH still sees the sparkle in Tiffany

Oct 28, 2019
It might be argued that Tiffany is losing its luster. But LVMH doesn't seem to see it that way.
The iconic Tiffany's boxes and engagement rings.
Stephen Lovekin/Getty Images for 20th Century Fox

Rebecca Minkoff started off "just a designer." Now it's her job to inspire, too.

Sep 7, 2017
The luxury brand's eponymous founder is also selling a lifestyle, carefully crafted with her brother and partner, Uri.
Fashion designer Rebecca Minkoff walks the runway in New York City in September 2014.
Frazer Harrison/Getty Images for Mercedes-Benz