Gain a better understanding of the luxury market. Find out the latest news from the luxury business sectors – openings, launches, financial situations, buyings.
UK’s Luxury Authority Welcomes Three New Members. The Walpole, UK’s luxury industry, announced three new members: historic Chesterfield-crafter Fleming & Howland, storied hatmaker Christys’ Hats, and Rocco Forte Hotels’ The Balmoral. UK’s Luxury League Scores Three Big Wins with New Members. Walpole is a trade association that represents the British luxury industry. Founded in 1992, … Read more
BMW and TYDE Develop Innovative Watercraft for Emission-Free Urban Mobility. THE ICON once again demonstrates how BMW keeps re-thinking mobility. BMW says itis revolutionizing urban mobility once again with THE ICON, a watercraft designed to provide emission-free transportation on water. In partnership with boat manufacturer TYDE and the BMW Group subsidiary Designworks, THE ICON showcases … Read more
Unmasking the Fakes: How High-End Brands are Taking on Counterfeiting. The last year Intellectual Property Crime Threat Assessment, produced jointly between Europol and the European Union Intellectual Property Office (EUIPO), reveals that the distribution of counterfeit goods has been thriving during the COVID-19 pandemic. The health crisis has presented new opportunities for trade in counterfeit … Read more
Luxury brands Can Leverage Chat GPT (Generative Pre-trained Transformer) For Their Growth. Chat GPT can help premium and luxury brands grow by providing personalized customer service, brand storytelling, product recommendations, customer engagement, and brand reputation management. Personalized Customer Service: Chatbots powered by Chat GPT can offer personalized customer service to luxury and premium brand customers. … Read more
With 45% of shares of sales, the US art market retains its leading position. Report. Inflationary pressures, the long tail of the COVID-19 pandemic, supply chain issues, and cryptocurrency turbulence: the art market has been subject to manifold, and at times contradictory forces over the last year. The sixth edition of Art Basel‘s landmark report, … Read more
The opportunity to sell stolen watches becomes more prohibitive with the new Richemont Enquirus platform with 175 luxury watch brands. One of the biggest luxury group launches platform to help reduce watch and jewellery related crime. How it Works. Richemont, one of the world’s leading luxury goods groups, launches Enquirus, a neutral, digital platform designed … Read more