Deloitte’s 16th Annual Tech Trends report is a masterclass in technological foresight. Its key message is simple yet profound: artificial intelligence (AI) is no longer optional; it’s foundational. From shaping enterprise IT systems to redefining customer experiences, AI’s transformative power is clear. But for industries like luxury, known for their reliance on tradition, craftsmanship, and … Read more
A New Chapter in Chanel’s Book of Legends: Matthieu Blazy Steps In French-Belgian designer Matthieu Blazy is trading Bottega Veneta’s understated elegance for Chanel’s iconic double-C. After four celebrated years as artistic director at the Italian fashion house, Blazy is now stepping into the spotlight at the legendary French maison. Taking over from Virginie Viard, … Read more
Baccarat’s “Inner Fire” campaign celebrates the elemental forces and artisanal mastery that breathe life into its crystal creations. This initiative highlights the transformative journey where fire, in harmony with water, air, and earth, melds with human ingenuity to produce exquisite pieces. Central to this campaign is the symbolism of fire—not only as a physical agent … Read more
Polo in the Stars: A Drone Tribute to Ralph Lauren’s Legacy. Shanghai Glows As Very Ralph Takes Flight Over The Bund. In a dazzling fusion of fashion and technology, Ralph Lauren celebrated the Shanghai premiere of the HBO documentary Very Ralph with a breathtaking drone spectacle over The Bund. This 15-minute display featured 1,000 synchronized … Read more
Luxury’s Latest Moves: A Roundup of Glitz, Innovation, and Influence. From Assouline’s literary foray in Saudi Arabia to Baccarat’s fiery elemental designs, the luxury industry is a masterclass in adaptability. With sustainability, cultural collaborations, and digital transformation at the forefront, these developments not only reflect changing consumer values but also shape the future of luxury … Read more
20 luxury industry news stories from Fall 2024: When the Rich Tighten Their Belts, It’s Designer Leather. The luxury goods sector faced a challenging Fall 2024, marked by a 2% decline in global sales—one of the weakest performances on record—driven by price increases and economic uncertainties that reduced the customer base. Despite this downturn, certain … Read more