Gain a better understanding of the luxury market. Find out the latest news from the luxury business sectors – openings, launches, financial situations, buyings.
Luxury and sustainability—two words that don’t always go hand in hand. But Hennessy, the LVMH-owned cognac powerhouse, is proving that heritage and innovation can sail in the same direction. Enter the Neoliner Origin, a 136-meter-long sailing cargo ship that will soon be carrying Hennessy’s prized cognacs across the Atlantic, reducing greenhouse gas emissions by a … Read more
The luxury resale market has been undergoing a seismic shift, and myGemma’s latest move—launching an ultra-streamlined consignment service—is proof that the game is evolving yet again. Known for its quick direct-selling model, myGemma has now entered the consignment space, promising sellers higher returns while handling the entire process from listing to logistics. But is this … Read more
It seems like the winds of change are blowing fiercely through Gucci, and it’s not just the brand’s ever-evolving collections causing a stir. Sabato De Sarno, the minimalist designer who took the helm as Gucci’s Creative Director in 2023, is out after less than two years in the job. This unexpected departure has left the … Read more
When you think of Paris, certain images immediately come to mind: the Eiffel Tower, the Seine, haute couture, and, of course, those iconic streets lined with world-class luxury boutiques. It’s no wonder, then, that Kering, the powerhouse behind brands like Gucci, Saint Laurent, and Balenciaga, is staking an even bigger claim in the heart of … Read more
Several luxury brands are increasingly collaborating with real estate developers to create exclusive residential projects, merging high fashion with upscale living. While the allure of living in a residence designed by a prestigious fashion house is undeniable, it raises questions about accessibility and authenticity in the luxury market. As these brands expand into real estate, … Read more
How the biggest luxury groups identify promising change-making startups and technologies covering fashion, leather goods, jewelry, eyewear and beauty. In the rarefied world of luxury, where timeless artistry meets modern innovation, Kering is making waves once again. The luxury giant has unveiled the “Kering Generation Award X Jewelry”, a groundbreaking initiative that combines the allure … Read more