Bloomberg Among the top things that infuriate watch aficionados: replicas, fashion timepieces and battery-powered movements. And yet, the $260 Swatch homage to the Omega Speedmaster that debuted a week ago and caused shopping pandemonium checks all three of those snob boxes, making the collaboration an even more remarkable hit. From London to Berlin to Melbourne, eager consumers snaked around …

  Bloomberg Deutsche Lufthansa AG Chief Executive Officer Carsten Spohr said Rome could become the group’s fifth hub with the acquisition of new Italian flag carrier ITA Airways. “Italy is a strong market,” Spohr said in an interview with Corriere della Sera published. “Rome could play a very important role within Lufthansa, integrating our system with a southern hub for …

  Bloomberg Luxury-goods group Kering SA agreed to pay 187 million euros ($206 million) to settle an Italian probe on alleged tax evasion at its Bottega Veneta unit, according to people familiar with the matter. Italian financial police found that Bottega Veneta used two Swiss affiliates to avoid paying taxes in Italy, the people said, asking to not be named …