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Europe's richest person is about to buy a soccer club with Paris FC deal
LVMH's expansion into sports continues as Bernard Arnault's family plans a 55% stake in Paris FC.
Nora Redmond
As Costco sells platinum, experts explain how the precious metal differs from gold
Costco has added platinum to its precious metals offering, but experts caution that the coins and b…
Dominick Reuter
Will the historic India-EFTA trade pact make Swiss and other European products cheaper for Indians?
Swiss chocolates, Swiss watches and Mediterranean fruits have long captivated Indian consumers. The…
Luxury watchmakers resort to state aid as demand falls
Girard-Perregaux and Ulysse Nardin are taking advantage of financial aid from the Swiss state to pr…
Nora Redmond
Rolex resale prices will likely continue to fall — and that could make it easier to buy a new one
A Morgan Stanley analyst said it's "unlikely that secondary prices will stabilize in the near futur…
Dominick Reuter
It looks like the party's over for luxury goods in China
Luxury retailers say they've been hit by slumping sales in China, while tourism spending in Japan b…
Grace Dean
Rolex Daytona prices continue to slide on the resale market as the crypto crash wipes out wealth of newer collectors
Resale prices for the most popular variant of the Cosmograph fell 16% from their peak in April, but…
Dominick Reuter
Dominick Reuter
Swiss watchmakers are making more money and selling fewer watches as the industry shifts away from affordable timepieces
Switzerland exported a record $21.5 billion in watches last year, even though luxury brands like Ro…
Dominick Reuter
Swiss watch execs say the market is 'slowing down' — but that just means waitlists for new Rolexes or Patek Philippes are a little less long
"The market is a little bit slower than before," Patek Philippe chairman Thierry Stern told Bloombe…
Dominick Reuter
Dominick Reuter
Mark Zuckerberg's starry watch isn't just the price of a Cybertruck, it's another major step up in his style game
Just days after being seen with a $141,400 Patek Phillipe watch, Mark Zuckerberg has a new wrist ca…
Aditi Bharade,Kwan Wei Kevin …
Art experts and millionaires head to a Swiss town once a year for its annual Art Basel festival. Here's what it's like to visit as a first-timer.
Business Insider's author joined members of the wealthy art community to explore the annual Art Bas…
Monica Humphries
One Rolex model bucked the trend and had the biggest increase in value since last year
Rolex's iconic red and blue bezeled GMT-Master II has shown impressive resilience against the broad…
Dominick Reuter
Buying a Rolex is easier than you think, an official retailer says
A Rolex comes with a high price tag, but the buying process isn't complicated compared to shopping …
Jordan Hart
Rolex Daytonas have outperformed the stock market over the past year as collectors pile in to the $20 billion secondary market for luxury watches
Prices for the century-old Swiss brand's watches are going up weekly, but the CEO of Bob's Watches …
Dominick Reuter
Rolex makes more than 123 watch models most of them are worth more used
Only the top three major Swiss brands — Rolex, Patek Philippe, and Audemars Piguet — ha…
Dominick Reuter
Rolex breaks its silence with a rare comment about the shortage of its watches: 'The scarcity of our products is not a strategy on our part'
"Our current production cannot meet the existing demand in an exhaustive way," the Swiss luxury bra…
Dominick Reuter
The flood of collector interest in Rolex watches is giving a new lift to an even older Swiss brand, with one model on track to double in value
Vacheron Constantine has been making watches for 265 years, but its Overseas has become a standout …
Dominick Reuter
How Rolex became the top luxury watch brand in the world from its humble origins as a tool for professionals
Rolex watches have always been expensive, but they were affordable and available if you wanted one.…