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 landmark move that marks a significant shift in the luxury fashion landscape, Kering and Mayhoola have announced a binding agreement that will see Kering acquire a 30% shareholding in the prestigious Italian luxury house, Valentino. The cash consideration for this acquisition amounts to a staggering €1.7 billion. This partnership forms part of a … Read more
What Drives Luxury Perfume Brands to Invest in the Beetroot Industry? Pour une Agriculture du Vivant: How Parfums Christian Dior, Givenchy Parfums and Kenzo Parfums support French farmers. Parfums Christian Dior, Givenchy Parfums, and Kenzo Parfums, esteemed houses within the LVMH group, are spearheading a transformative movement in the world of perfumery by joining forces … Read more
Tiffany & Co. unveils renovated Ginza flagship store in Tokyo. How Does this Ginza Flagship Revamp Reflect Trends and Innovations in Luxury Retail? The grand opening of the much-awaited Tiffany & Co. Omotesandō store in Tokyo is set for early September 2023. Why is the unveiling of Tiffany & Co.’s renovated Ginza flagship store in … Read more
What Makes Sephora’s Store of the Future in Shanghai Unique? Sephora’s Store of the Future in Shanghai represents a groundbreaking leap in the world of prestige beauty retail. This innovative store offers a plethora of unique features and advanced technologies, combining them to create an immersive and personalized shopping experience for its customers. Situated in … Read more
LVMH has become a Premium Partner of the Paris 2024 Olympic and Paralympic Games and will share its creative excellence and craftsmanship for key celebratory moments during the Olympic and Paralympic Games. In a glitzy announcement, LVMH, the luxury behemoth, unveiled the details of its Premium Partnership with the Paris 2024 Olympic and Paralympic Games. … Read more
As the fashion industry continues to captivate us with its ever-evolving trends and innovations, let’s take a closer look at the 20 hottest brands that are making headlines in the second quarter of 2023. From groundbreaking collections to celebrity collaborations, these brands are redefining the fashion landscape with their creativity and ingenuity. 1. Loewe Loewe … Read more