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…
Category: Insight
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…
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…
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…
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…
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…
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.…
Christian Lacroix acquired by Sociedad Textil Lonia
Spanish company Sociedad Textil Lonia (STL) has reached an agreement to acquire 100 per cent of Christian Lacroix, the French fashion house synonymous with 1980s…
DELANO MIAMI re-opens end of 2025
Ennismore and Cain International have revealed a first look at Delano Miami Beach ahead of its reopening in late 2025. Since 1947, the striking Art Deco façade of the original Delano Miami…
CHANEL to sponsor the iconic ‘The Boat Race’
CHANEL has signed a long-term partnership deal with the annual boat race between Oxford and Cambridge universities to become The Boat Race’s title sponsor and…
GUCCI appoints new CEO
GUCCI has appointed Stefano Cantino as new CEO, succeeding Jean-François Palus. Cantino climbed the ranks at Prada over the course of two decades, working closely with executive chairman…
Slower growth for luxury in 2024
Flagging a weak macro environment and a wave of recent downgrades, HSBC said Tuesday it now expects only 2.8 percent organic growth for the global luxury goods…
The Ritz-Carlton launches second new-build luxury super-yacht
The Ritz-Carlton Yacht Collection proudly introduces Ilma, its second new-build luxury superyacht, to its distinguished fleet. The yacht embarked on its maiden voyage, a 7-night journey from Monte…
Rolex CEO warns of challenges in the future
Smaller watchmaking businesses may suffer a 15% drop in sales this year but still end up larger than before the post-pandemic boom, the chief executive…
De Beers is for sale
Anglo American is exploring an initial public offering of its diamond business De Beers, two people familiar with the matter told Reuters on Tuesday, with London the…