Gain a better understanding of the luxury market. Find out the latest news from the luxury business sectors – openings, launches, financial situations, buyings.
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
Sustainability Meets Style: The Boom of Luxury Resale in 2024. Pre-Loved, High Fashion: How Pre-Loved Luxury Took Over 2024 The pre-loved luxury fashion market has seen a significant surge in 2024, driven by a combination of economic factors, sustainability awareness, and changing consumer behaviors. Luxury resale has become not just a niche but a substantial … Read more
Knight Frank Alpine Index 2025: How the World’s Jet-Set Elevate Their Winter Havens. As the snow-dusted chalets of Europe’s most coveted ski resorts bask in the glow of another stellar year, the latest Knight Frank Alpine Index delivers a dazzling snapshot of high-altitude luxury real estate in 2024. The verdict? Prime Alpine properties remain the … Read more
Printemps, the iconic French department store synonymous with Parisian elegance, has leaped into the digital future—crypto wallet in hand. As the first European luxury department store to embrace cryptocurrency payments, Printemps is proving that innovation and tradition can make a chic pairing. Thanks to a savvy collaboration with Binance Pay and French fintech trailblazer Lyzi, … Read more
Luxury’s Latest Moves: A Roundup of Glitz, Innovation, and Influence. From Assouline’s literary foray in Saudi Arabia to Baccarat’s fiery elemental designs, the luxury industry is a masterclass in adaptability. With sustainability, cultural collaborations, and digital transformation at the forefront, these developments not only reflect changing consumer values but also shape the future of luxury … Read more