Tesla becomes world’s most valuable carmaker without making a profit
Elon Musk’s company outstrips Toyota on stock market as demand for electric cars soars
Business
Gain a better understanding of the luxury market. Find out the latest news from the luxury business sectors – openings, launches, financial situations, buyings.
Crobox startup – the big winner of the LVMH Innovation Award 2020
The startup Crobox wins the LVMH Innovation Award 2020, a 100% digital ceremony Despite the Covid-19 pandemic, which forced the cancellation of Viva Technology 2020, LVMH luxury group was determined to pursue its commitment to innovation and the startups ecosystem by maintaining the organization of the LVMH Innovation Award 2020. After this unprecedented … Read more
Global expansion of Hugo Boss’ online concession business in full swing
HUGO BOSS takes its online fashion business to the next level. The ongoing expansion of its own online operations is of strategic importance for HUGO BOSS and one of the Group’s key growth drivers. Investments in this channel have been significantly stepped-up over recent years, thus successfully laying the foundation for fully exploiting its … Read more
£450k for trainers: why vintage fashion is the new smart investment
In a booming market for Birkins, Baguettes and ‘Lux Anaconda’ shoes, the traditional auction houses are getting in on the act
Ex-Hermès staff appear in court over fake designer handbags
French court hears forgery network manufactured bags between 2013 and 2014 for a profit of more than €2m
The future of travel and why the private jet market could benefit
The COVID-19 pandemic has grounded flights and the travel industry in general but as things are slowly getting back to normal, what will the future of travel look like? Right now, whilst the gears are indeed starting to slowly turn, the latest FCO advice is that Brits are still not permitted to travel … Read more