Gain a better understanding of the luxury market. Find out the latest news from the luxury business sectors – openings, launches, financial situations, buyings.
Christie’s announced the outstanding results of Handbags Online: The New York Edit, totalling $4,114,782, the highest value realized for a handbag sale in the Americas. The auction was 94% sold by lot and 140% by low estimate, nine lots sold for more than 100,000, an all-time high for an online auction. Christie’s The New York … Read more
Rimac Automobili has announced the delivery of the first Nevera hypercar to the United States, personally handed over to its owner by Rimac’s New York-based dealer, Manhattan Motorcars, alongside the Rimac team. Electric mobility has come a long way in recent years, and its growth and impact are undeniable. As countries around the world embrace … Read more
50 Best announced its Champions of Change 2023, heroes of hospitality who are creating a positive change for their communities through their work. Launched in 2021 to celebrate the industry’s unsung gamechangers, in 2023 the Champions of Change accolade is given to one individual and one duo who are driving meaningful action and creating blueprints … Read more
Le Domaine, the luxury skincare collaboration between Brad Pitt and Famille Perrin, stewards of the Château de Beaucastel Vineyard in the Rhône Valley, will be part of Bluemercury’s next drop for The Cache, the retailer’s curated collection of hot, emerging brands. The recent announcement of LE DOMAINE, Brad Pitt’s luxury skincare brand, selecting Bluemercury as … Read more
Accor, a leading hospitality group, has announced its plans to triple its portfolio of branded residences over the next five years. Branded residences have emerged as a significant trend in the global hospitality industry, combining the comforts of private residences with the unique experiences and lifestyle offerings of renowned brands. With 40 branded residence communities … Read more
Luxury digest news of the moment: a digital round up of key luxury news of the week. Inside Chanel’s ‘Ultimate Luxury’ Push: Jewellery, But Make It Tweed High jewellery is shaping up to be a key battleground for big luxury. At Chanel, the ‘booming’ category is also an opportunity to elevate the brand further, watches … Read more