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Managers hiring people based on their personal liking undermines company productivity

Hiring managers are supposed to select the perfect candidate based on any number of criteria, from skills matching to leadership potential. But new data shows just how much an applicant’s personal rapport…

Alex Mason 2 May 2025

Luxury consumer confidence drops

According to the latest SAKS Global Luxury Pulse survey, 45 percent of luxury consumers reported “feeling calm about the economy” which, while down 12 percentage points on…

Alex Mason 28 April 2025

Bulgari Just Opened the World’s Largest Luxury Jewelry Manufacture

Business, it would appear, is booming for Bulgari. The company just enlarged its jewelry manufacture by 204,514 square feet to 355,209 square feet. It is the largest single-branded…

Alex Mason 21 April 2025

Family owned luxury brands less exposed to made in China

When the senstiive subject of who is manufacturing in China or elsewhere actually and labelling made in France or Italy. Some brands are way more…

Rachel Mao 18 April 2025

Let me walk you through new Tiffany & Co’s largest store in Europe in Milan …

Tiffany & Co. announces the opening of the House’s highly anticipated new store on Via Montenapoleone in Milan. Inspired by the jeweler’s iconic Fifth Avenue flagship,…

Alex Mason 16 April 2025

Trump’s tariffs and the luxury industry (Part 1)

President Donald Trump’s tariffs have finally been announced, unlocking a new degree of uncertainty in global business. Europe, subject to a 20% blanket tariff. Luxury…

Alex Mason 5 April 2025

Hermès heir to leave $11 billion to former employee

Nicolas Puech, the 82-year-old heir to the Hermès fortune is estranged from most of the family, and is unmarried and without children. Puech’s decision stems from a…

Alex Mason 14 March 2025

De Beers launch Diamondproof verification device in boutiques

In a move aimed at bolstering consumer confidence and transparency, De Beers Group has launched its groundbreaking DiamondProof device in select retail stores across the…

Alex Mason 5 March 2025

Walmart’s 80 dollar Birkin bag knockoff sparks huge controversy

Third-party sellers on Walmart‘s website recently listed some new handbag styles and social media users were quick to point out the bags looked quite similar to the famous Hermès handbag.…

Rachel Mao 24 February 2025

BVLGARI opens new store in Riyadh

BVLGARI, the magnificent Roman jeweler and master of colored gems, celebrates the opening of a new boutique at Solitaire in Riyadh on the February 12,…

Alex Mason 20 February 2025

MONCLER reports double digit growth in 2024 

Moncler Group surpassed sales of 3.1 billion euros in 2024 seeing growth in China as several competitors still lament a lackluster performance in that market, and with…

Alex Mason 14 February 2025

FERRAGAMO CEO is stepping down

Ferragamo announces CEO Marco Gobbetti is to step down from the helm of the company and the board by “mutual agreement”. The company said the board met on…

Alex Mason 4 February 2025

Stella McCartney buys back remaining stake from LVMH

Stella McCartney buys back the minority stake held by LVMH in the house she founded about five years after the luxury group bought it, LVMH…

Alex Mason 29 January 2025

Lanvin appoint Andy Lew as Executive President

Lanvin Group (NYSE: LANV) today announced that Mr. Andy Lew, CEO of St. John Knits has been appointed as Executive President of Lanvin Group, while Mr.…

Alex Mason 22 January 2025

Audemars Piguet to open first-ever AP Café in Singapore

Audemars Piguet will be launching the world’s first-ever AP Café right here in Singapore, located at the new AP House at the iconic Raffles Hotel Singapore. The…

Alex Mason 14 January 2025
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