Business

Gain a better understanding of the luxury market. Find out the latest news from the luxury business sectors – openings, launches, financial situations, buyings.

Angelica Cheung: founding editor of Vogue China to leave after 15 years

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High-profile editor leaves as Chinese audiences turn to social media influencers

A year of shock and change for luxury industry but with a recovery in sight. Report

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    2020 luxury industry drop is the largest recorded since global consultancy have been tracking the industry. Covid-19 Crisis Pushes Luxury To Sharpest Fall Ever But Catalyses Industry’s Ability To Transform. Bain & Company Luxury Study. It has been a year of profound global change in the way we live, the way we shop … Read more

Stephan Winkelman to take on a double role as president of both Bugatti and Lamborghini

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    Meet Stephan Winkelman – the man leading two of the most storied supercar makers in the world. Stephan Winkelman, one of the most famous executives in the automotive industry, had the privilege to manage Bugatti and Lamborghini companies separately in recent years, and he can now do this for both together. With effect … Read more

Phygital experiences: Swiss watchmakers believe in-store shopping will prevail over online. Survey

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  2020 is one of the most disruptive years in the history of the Swiss watch industry. Over two-thirds (67%) of watch industry executives surveyed in the Deloitte Swiss Watch Industry Study 2020 predict a gloomy outlook for the Swiss economy in general, with 85% forecasting a grim outlook for the industry specifically which shows … Read more

Burberry achieved its highest ever score in the 2020 Dow Jones Sustainability Index

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  The principle global sustainability metric, the DJSI evaluates a company’s governance, economic, environmental and social performance as well as assessing supply chain management and climate change strategy. It is a trusted benchmark for investors who integrate ESG considerations into their decision-making and investments. Burberry has been included in the 2020 Dow Jones Sustainability Index … Read more