Chalhoub group invests in emerging Saudi designers
The Middle-Eastern luxury fashion distributor has created Saudi Arabia’s first fashion lab. The initiative aims to promote brands through funding, industry guides and access to…
Richemont intègre ses marques horlogères à son e-commerce
Richemont a approfondi l’intégration entre ses marques et ses détaillants dans le secteur horloger depuis plusieurs années et a maintenant révélé une autre étape d’un…
Luxury sets out to conquer male customers
The big luxury players want to conquer the men’s market, the most promising segment of the sector, and take their share of explosive Asian demand.…
Ferrari & Armani: A luxury group in the making ?
John Elkann, heir to the Agnelli industrial dynasty, investigated the possibility of a tie-up with fashion designer Giorgio Armani as part of a plan to…
European luxury retail profits shrank
Covid-19 has profoundly impacted retail industries across Europe elevating ‘digital’ to new heights across the entire customer journey, according to a report by Alvarez & Marsal…
Longchamp to export luxury goods to the US by sail boat
The Longchamp company, specializing in leather goods, announced on Monday that it had entered into a partnership with the Nantes start-up Neopolia to export its…
Google Cloud partner with LVMH
Via a press release shared on June 16, Google Cloud and the French luxury group LVMH announce that they are becoming strategic partners. This collaboration…
Jimmy Choo to open fashion university in London
Luxury shoe designer Jimmy Choo will launch his fashion school, the JCA / London Fashion Academy, in London next September. Its objective: “To bring out…
Chanel a investi 1,1 milliard de dollars pendant la pandémie
Les revenus de Chanel sont peut-être en baisse, mais la maison de luxe est en train de sortir de la pandémie. La maison de couture…
Israel first country to ban trade of animal furs for fashion
Israel on Wednesday banned the trade in animal fur for fashion by ministerial decree, becoming the first country to pass such strict legislation, the environment…
Luxury handbag market to reach 94 billion dollars by 2028
The global luxury handbag market is expected to reach a valuation of 94 billion dollars by 2028, according to a new report by Million Insights. It is expected to…
Neiman Marcus Group to invest $500 million in digital tech
Neiman Marcus Group is kicking off a three-year intensive digital investment strategy with the purchase of a machine learning (ML) platform. The luxury retailer has…
Dubai luxury beach houses sales hiked due to pandemic restrictions
Wealthy foreigners flock to these properties in the Gulf emirate, which has become an escape from health restrictions. After six years of decline, Dubai’s real…
LUXURY INDUSTRY EVENTS 2021/22
The luxury goods industry is increasingly recovering from the pandemic. This can be seen in the international agenda of trade shows, congresses and conferences. Their number…
John Lobb inaugure son nouveau concept store
Le cordonnier de luxe britannique John Lobb a ouvert un nouveau concept de magasin à Paris qui ressemble autant à une galerie d’art privée ou…