Luxury retail could slow down in 2024
Following years of growth, the luxury industry might face a slowdown, according to RBC Capital Markets. LVMH’s stock price falling -7% following its quarterly results, its biggest…
Category: Luxury
High end hospitality hit hard by the wars in Israel and Ukraine
According to a research by CPP, the ongoing war in Ukraine and the war in Israel will have a major inhibiting effect for the ‘traditional’ source…
China’s hotel market to reach US$ 166 billion by 2028
Ever since China reopened its international borders earlier this year after the three-year-long pandemic-induced lockdown, there has been a notable increase in both hotel demand…
Bucherer (Rolex) partners with Mytheresa for its fine jewellery
Bucherer has announced that its jewellery brand Bucherer Fine Jewellery will be exclusively available with luxury online retailer Mytheresa, marking the brand’s first online retail partnership. The…
Visitors cut spending on luxury goods due to Britain’s tourist tax
A new report from the British luxury council which represents around 600 businesses in London, has found that spending in the capital by tourists this…
Harrods welcomes four new Chefs at the revamped Dining Hall
Harrods has confirmed it will reopen its Dining Hall with restaurants from four new chefs including Masayoshi Takayama, who operates the three-Michelin-starred Masa in New York, and Dubai-based…
Rolex acquires luxury watches and jewelry retailer Bucherer
Rolex has confirmed the acquisition of major international luxury watches and jewellery retailer Bucherer. After a nearly 100-year-long authorized retailer relationship between the two brands, Rolex will…
Sluggish first quarter for US luxury retail sales
For the first quarter of 2023, the majority of luxury brands and groups saw a decline in sales in America (Kering, Burberry, Prada, Richemont etc). Hermès is one…
Les ventes de LVMH ralentissent aux États-Unis alors que la Chine rebondit
Les ventes de LVMH aux États-Unis ont diminué au deuxième trimestre, la morosité de l’économie ayant dissuadé certains acheteurs d’acheter vêtements et sacs à main…
Jane Birkin: The woman with a bag named after her dies at 76
Getting into the fashion industry can be easy. Maintaining a name into the business too. But leaving this world behing being an icon of the…
Luxury goods, a prime investment for money launderers
Luxury goods and their potential connection to “dirty money” or illicit activities is a constant subject of scrutiny and concern. Most luxury brands have faced…
In conversation with Ana Brant
In conversation with Ana M. Brant, director of guest experience innovation with Dorchester Collection Hotels.
OMEGA unveils new Summer Blue Sea Master watches
Omega has just presented to part of the watch press in the idyllic setting of Mykonos in Greece, this brand new Summer Blue collection which…
The story of the TAG Heuer Monaco watch
The Monaco watch from TAG Heuer has a fascinating story behind its creation. Introduced in 1969, it quickly became an iconic timepiece that pushed the…
Donna Karan, a timeless American designer
Donna Karan, born Donna Ivy Faske on October 2, 1948, is an American fashion designer and the creator of the Donna Karan New York and…