But such a move may result in consumers smoking more cigarettes to satisfy their cravings.
Swarovski has to keep up with shifting consumer tastes and a disrupted retail environment.
Watch exports declined even as demand from China jumped.
Swiss watchmakers are already bracing for the worst year in the modern history of watchmaking.
Consumers are focusing on essential food and beverages and leaving aside the frivolities.
Philip Morris’s Medicago uses a virus-like particle grown in a close relative of the tobacco plant.
The vegan Formula One champion has invested in Neat Burger, which will sell vegan hot dogs, burgers and milkshakes.
China’s consumers account for about one-third of luxury spending and as much as two-thirds of growth.
Retailers are hoarding Swiss watches to prepare for the U.K.'s impending exit from the European Union.
Americans don’t have the same appreciation for intricate timepieces as people in Europe and Asia do.
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