AI-powered authenticators struggle to detect counterfeit luxury goods
Artificial intelligence still cannot compete with humans when it comes to scams, rip-off products and copycat items. Fake people can’t stop the biggest fakers of all:…
Category: Luxury
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…
Luxury industry travel trend in 2025
Travellers are increasingly seeking for transformative experiences.They also want to forge deeper connections with family, friends and new surroundings through travel. These are just some…
Van Cleef & Arpels opens second boutique in London
Established at 9 New Bond Street in London since 2001, Van Cleef & Arpels unveils a new boutique across the road at 169. In addition to its…
Harrods launches new e-commerce website
Luxury department store Harrods has unveiled a new e-commerce platform developed in partnership with and powered by enterprise commerce provider Scayle. The “strategic partnership” between the duo aims…
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…
LVMH partners with Moncler
LVMH and Moncler chairman and CEO Remo Ruffini announced a partnership that will reinforce Ruffini’s position as the largest shareholder of Moncler, according to a press release LVMH…
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…
French department store opens second-hand watch and jewelry Space, including Rolex
The novelty at Galeries Lafayette is pre-owned watches and jewels, with the opening of a dedicated shop-in-shop in the department store’s Haussmann flagship. The 320-square-foot space, which…
Zegna Group sales increase 6 % first half 2024
Italian luxury fashion group Ermenegildo Zegna NV was able to achieve an increase in sales in the first half of the 2024 financial year. However,…
Bernard Arnault acquires stake in luxury rival Richemont
French billionaire Bernard Arnault, Europe’s richest man and the chairman of high fashion to champagne group LVMH, opens new tab, has bought a stake in smaller luxury…
CHANEL unveils new high-jewelry collection
In 2024, CHANEL presents the “Haute Joaillerie Sport”, designed by Patrice Leguéreau, Director of the CHANEL Jewellery Creation Studio. The “Haute Joaillerie Sport” collection celebrates…
Cartier opens new flagship boutique in Vienna
After a phase of intensive expansion and renovation work, the Cartier boutique in Vienna shines in new splendor. In total, the renovation of the listed building in…