Gain a better understanding of the luxury market. Find out the latest news from the luxury business sectors – openings, launches, financial situations, buyings.
In a luxury market that seems to be slowing, Hermès remains an exception, reporting a stellar 11.3% rise in sales to €3.7 billion in the third quarter. With other luxury giants like Kering and LVMH experiencing more modest results—down 16% and 4.4% respectively—one has to wonder: what is Hermès doing differently? And more provocatively, can … Read more
For Another Year, Atherton Reigns as the Crown Jewel of Real Estate Where Price Tags Soar: The 10 Most Expensive Zip Codes in 2024, according to Property Shark. If the high-end real estate market has a crown jewel, Atherton, California, wears it for yet another year. With a jaw-dropping median home price of $7.9 million, … Read more
Hermès Is Defying the Luxury Slump with Classic Resilience — and Just a Glitch in Watches. While much of the luxury world seems to be catching a chill, Hermès stands as the exception, radiating steady growth as it resists the industry slowdown. Its latest financial results reveal a brand that isn’t just immune to the … Read more
Cheers to Luxury: Celebrating Without the Booze. The Future of High-End Alcohol-Free: A Look at Moët Hennessy’s Strategic Move with French Bloom. In the fast-evolving world of luxury beverages, the alcohol-free category has taken center stage, captivating affluent, health-conscious consumers. What was once considered a niche market is quickly transforming into a global sensation, with … Read more
In the realm of luxury construction, the ability to effectively tailor your sales pitch to upscale clients is a crucial skill for any contractor. These clients demand not only quality but also a personalized experience that reflects their distinctive tastes and expectations. Here’s how you can refine your approach to successfully land those high-end construction … Read more
In the world of luxury construction, where precision and sophistication meet, the role of industrial services is paramount. These projects demand not only aesthetic value but also technological excellence and sustainable practices. Let’s explore some of the top industrial services vital for high-end construction projects, focusing on the anchor industrial site services that ensure seamless … Read more