Gain a better understanding of the luxury market. Find out the latest news from the luxury business sectors – openings, launches, financial situations, buyings.
London, Côte d’Azur and Saudi Arabia, each with two properties, lead the The World’s Best New Luxury Hotels of The Year. Each year, the unveiling of LTI – Luxury Travel Intelligence’s list of the World’s Best New Luxury Hotels feels like a global treasure hunt—an invitation to explore the most exceptional new addresses in hospitality. … Read more
Rolex Partners with Melbourne’s National Gallery of Victoria, Australia: A New Era of Luxury and Art in Australia. Rolex has announced its first major arts collaboration in Australia, becoming the inaugural Timepiece Partner of the National Gallery of Victoria (NGV). This landmark partnership underscores the luxury brand’s commitment to supporting the arts through its #PerpetualArts … Read more
In an industry where luxury is defined by artistry and innovation, Estée Lauder Companies (ELC) are making an audacious play. By anchoring their Fragrance Atelier in Paris—a city synonymous with the pinnacle of perfumery—they’re setting the stage for a transformative moment in high-end fragrances. But what does this truly signify? The choice of Rue Volney … Read more
In 2024, the luxury fashion industry witnessed a significant reshuffling of creative directors, leading to notable successes and failures that shaped brand trajectories. Here’s a closer look at some key outcomes from these leadership changes. Notable Successes Olivier Rousteing at Balmain Olivier Rousteing’s continued leadership at Balmain resulted in an astonishing 900% revenue growth. His … Read more
Lamborghini delays first EV launch to 2029 as electrified luxury automotive market is not ready, according to Lamborghini. Lamborghini’s decision to delay its EV might feel like they’re channeling their inner Italian stereotype: why rush when you can take your time and savor the moment? This leisurely approach to electrification reflects their belief that perfection … Read more
A New Chapter in Chanel’s Book of Legends: Matthieu Blazy Steps In French-Belgian designer Matthieu Blazy is trading Bottega Veneta’s understated elegance for Chanel’s iconic double-C. After four celebrated years as artistic director at the Italian fashion house, Blazy is now stepping into the spotlight at the legendary French maison. Taking over from Virginie Viard, … Read more