Author: Editorial Team
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How the biggest luxury group explores new avenues for circularity between its high-end businesses
What are circular economy initiatives in the luxury sector. LVMH highlighted its circular economy initiatives at 2022 ChangeNOW summit, the world’s largest gathering of innovations for the planet. On the occasion of 2022 ChangeNOW, the annual international summit held from May 19 to 21 at the Grand Palais Ephémère in Paris, where LVMH luxury Group…
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New data signalling the recovery of Tax Free Shopping in continental Europe
Europe’s Tax Free Shopping Gains Strength With Record Recovery Rates, says Global Blue‘s new report. Last week, at Walpole’s latest Luxury Summit in London, Global Blue presented new data signalling the continued recovery of Tax Free Shopping in continental Europe. Global Blue offers innovative solutions in three different fields: Tax Free Shopping, Payments services, and…
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Swiss jewellery brand de Grisogono acquired by Dubai-based luxury real estate company
Damac Group, the Dubai-based parent group of Damac Properties, has acquired Swiss jewellery brand de Grisogono, further diversifying its holdings. The Dubai developer, which purchased Italian fashion house Roberto Cavalli in 2019, did not disclose the price of the deal. De Grisogono filed for bankruptcy in 2020. Its acquisition is part of Damac’s strategy to…
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The Only Completely Tiffany-Designed Home in The World is Offered for Sale
When the sleek, pale façade of The Ayer Mansion was unveiled in 1902 amid the red brick of Boston’s Commonwealth Avenue, it was a challenge to the old order. Disruption and innovation are a Boston tradition. For a provincial capital, Boston has always punched above its weight on the world stage. From the Tea Party…
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An ultra-luxurious, Cavalli branded condominium project to be built in Miami
UAE-based DAMAC Properties has announced that it has won the US $120 million bid to acquire land in the upscale Miami neighbourhood of Surfside. The Dubai-based developer plans to build an ultra-luxurious, CAVALLI branded condominium project. The property, on Collins Avenue, Miami, offers residents 200 feet of direct beach frontage and access to South Beach…
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Revolutionary eVTOL aircraft company to begin on-demand air taxi operations
Joby Aviation is one step closer to eVTOL flights. California-based all-electric aircraft company to begin on-demand commercial air taxi operations. Joby Receives Part 135 Certification from the FAA. Certification allows Joby to operate aircraft commercially.Part 135 Air Carrier Certificate received ahead of schedule, initially targeted for second half of 2022 Joby will use conventional aircraft…