Gain a better understanding of the luxury market. Find out the latest news from the luxury business sectors – openings, launches, financial situations, buyings.
Officine Universelle Buly 1803 joins the LVMH Luxury Group. LVMH announces the acquisition of Officine Universelle Buly, which specializes in perfumes and cosmetics, and has become a recognized symbol of the French art of living. After having been supported and assisted for nearly four years by LVMH Luxury Ventures, a minority investment fund, it … Read more
The pandemic has already shown that high fashion maisons are incredibly resilient even in some of the most difficult of times. As the world emerges from the pandemic, the demand for luxury fashion products will remain strong and continue to thrive in the years to come. Fosun Fashion Group, the owner of Lanvin, … Read more
Glenfiddich Single Malt Scotch Whisky and Brittany Packnett Cunningham Subvert ‘Rich List‘ Traditions By Honoring Individuals Who Challenge the Traditional Idea of Wealth. The world is in the midst of a profound movement that has come to be known as ‘The Great Resignation’. This evolution of the global workforce has created a mass … Read more
South African Brands Dominate Ranking of Africa’s Most Valuable. MTN retains title of Africa’s most valuable brand, brand value US$2.7 billion. Capitec Bank overtakes Vodacom as Africa’s strongest brand, Brand Strength Index (BSI) score 89.2 out of 100. South African brands dominate the Brand Finance Africa 150 2021 ranking once again, with the … Read more
Jony Ive and Marc Newson’s LoveFrom to design for Ferrari. Ferrari x LoveFrom to explore creative projects with Exor in the business of luxury. Jony Ive and Marc Newson’s design studio LoveFrom is teaming up with Ferrari. Exor, the leading diversified holding company controlled by the Agnelli family, and Ferrari announce a long term, … Read more
Total value of world’s top 50 most valuable luxury and premium brands down 3%, from US$227.1 billion in 2020 to US$219.5 billion in 2021 Porsche retains top spot, brand value US$34.3 billion. Apparel brands dominate ranking, with 30 brands featuring and accounting for 62% of total brand value, but brand values suffer due … Read more