Headlines from China: Audemars Piguet’s $6.2 Million Spider-Man Watch

Audemars Piguet’s $6.2 Million Spider-Man Watch, Jacquemus x Nike JF1s, And More: Global Collabs Of The Week

Combining universal familiarity, cultural capital and comforting nostalgia, the Royal Oak Concept Tourbillon Spider-Man timepiece is limited to 250 pieces, and the unique accompanying design fetched $6.2 million at auction in Dubai yesterday.

While the Spider-Man movie franchise might be rated for teens to watch, the largest luxury watch consumer demographic comprises young adults — recent Bezel data shows that 60 percent of the company’s consumer base is made up of millennials or Gen Z. Read more

‘Little Mermaid’ Swimming Against Strong Tides At Overseas Box Office, Leaving Break-Even In Question

In a rare situation for a Disney tentpole, particularly a live-action title based on a treasured classic animated musical, The Little Mermaid looks to bank more at the domestic box office ultimately than overseas, with $300M-$350M U.S./Canada to $260M abroad. Read more