Gain a better understanding of the luxury market. Find out the latest news from the luxury business sectors – openings, launches, financial situations, buyings.
In the rarified air of high luxury, where every five-star property offers “exclusivity,” the challenge for heritage brands is to move beyond the transaction of service and into the realm of theater. Having spent two decades chronicling the evolution of the art de vivre, we’ve seen countless “brand collaborations” that feel like little more than … Read more
The announcement of the Circular Fashion Partnership: Türkiye by the Global Fashion Agenda (GFA) demands far more than a passing nod from the world’s leading Maisons. After two decades observing the ebb and flow of the textile industry, we see this initiative not merely as a necessary sustainability project, but as a critical strategic blueprint—a … Read more
The unanimous inscription of “Italian cooking, between sustainability and biocultural diversity” onto UNESCO’s Intangible Cultural Heritage of Humanity list is more than a diplomatic triumph; it is a seismic cultural and economic event. For the premium and luxury industry, this recognition is the conferral of a Golden Halo, transforming an already formidable culinary powerhouse into … Read more
The world of premium and luxury, ever-dynamic, is currently defined by a captivating blend of geographical expansion, a deepening reliance on historic house codes, and a pervasive commitment to experiential luxury that transcends mere retail. The latest cycle of news, from major corporate shifts to highly curated cultural activations, paints a clear picture of an … Read more
The latest Bain & Altagamma Luxury Goods Worldwide Market Study offers a narrative far more nuanced than simple resilience. It describes a luxury ecosystem undergoing a profound, almost “tectonic shift,” where the very definition of status is changing. After a post-pandemic shopping spree fuelled by saved capital, consumers are now pivoting from conspicuous consumption—the acquisition … Read more
While London’s New Bond Street, Milan’s Via Montenapoleone, and New York’s Upper Fifth Avenue command the world’s highest rents, achieving the status of permanent trophy assets, their stability masks an intense dynamism in the next tier of global destinations. The real estate strategy of the world’s most powerful luxury houses is no longer just about … Read more