Business

Gain a better understanding of the luxury market. Find out the latest news from the luxury business sectors – openings, launches, financial situations, buyings.

Unlock Growth with Chat GPT: The Key to Luxury Brands’ Success

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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

The Art Market As A Whole Expanded, Despite Volatility. A Closer Look, However, Reveals A Mixed Picture

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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

Richemont Enquirus To Help Break The Cycle Of Theft And Resale of Stolen Watches And Jewellery

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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

Guerlain Boosts Production and Thwarts Counterfeits with Innovative Solutions

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Sidel Helps Guerlain Expand Production Capacity and Prevent Luxury Goods Counterfeiting. Guerlain, one of France’s oldest perfume and cosmetics houses, is using the latest end of line and traceability technologies from Sidel to fight counterfeiting. Sidel’s combi packing/palletising solution for bottles in cartons is also delivering product care and compactness on Guerlain’s new line for … Read more

The Métiers d’Excellence, The Talent Recruiting Event For LVMH, Is Back On Tour

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The Métiers d’Excellence de LVMH is back on tour, visiting cities across France (Paris, Reims, Orléans*, Lyon and Clichy-sous-Bois) to meet future talented employees, engaging with middle school, high school and university students, as well as people interested in reskilling opportunities. This annual recruiting event for uniquely skilled Métiers d’Excellence at LVMH in Creative, Craft … Read more

How Philanthropy Has Evolved In Recent Years And What Are The Most Popular Causes for Donors. Study

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The past few years have seen a general uptick in philanthropic giving, particularly from UHNW individuals. Study. Wealth-X, an Altrata company, recently analyzed the giving habits of ultra high net worth (UHNW) individuals around the world to gain a better understanding of how philanthropy has evolved in recent years. In this context, UHNW individuals are … Read more