The gilded gates of luxury are swinging open once again, this time to welcome Louis Vuitton into the realm of high-end makeup. The French fashion powerhouse has announced the launch of its first-ever beauty collection, La Beauté Louis Vuitton, set to debut in Fall 2025. And in a move that feels as inevitable as it … Read more
Luxury’s Latest Moves: A Roundup of Glitz, Innovation, and Influence. From Assouline’s literary foray in Saudi Arabia to Baccarat’s fiery elemental designs, the luxury industry is a masterclass in adaptability. With sustainability, cultural collaborations, and digital transformation at the forefront, these developments not only reflect changing consumer values but also shape the future of luxury … Read more
20 luxury industry news stories from Fall 2024: When the Rich Tighten Their Belts, It’s Designer Leather. The luxury goods sector faced a challenging Fall 2024, marked by a 2% decline in global sales—one of the weakest performances on record—driven by price increases and economic uncertainties that reduced the customer base. Despite this downturn, certain … Read more
Hermès Is Defying the Luxury Slump with Classic Resilience — and Just a Glitch in Watches. While much of the luxury world seems to be catching a chill, Hermès stands as the exception, radiating steady growth as it resists the industry slowdown. Its latest financial results reveal a brand that isn’t just immune to the … Read more
LVMH’s latest ventures are more than just business moves; they’re orchestrations of luxury that blend heritage with innovation. By reviving iconic brands and infusing them with fresh energy, LVMH is not just selling products but curating experiences that resonate on a deeper level. In a market saturated with fleeting trends, LVMH’s strategy stands out for … Read more
Europe’s Biggest Startup and Tech Event Is Exploring How Technological Advances in Data, Artificial Intelligence and Generative AI Help Luxury Industry. Europe’s biggest startup and tech event, VivaTech, is back with a bang, and leading the charge is none other than luxury giant LVMH. Set against the backdrop of innovation and creativity, LVMH’s Dream Garden … Read more