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…
Category: Luxury
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…
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…
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,…
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…
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.…
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,…
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…
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…
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…
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.…
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…
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…