If current market dynamics persist, luxury could return to 2019 levels as of this year. Report

  Global Personal Luxury Goods Market On Track For Recovery. Two possible scenarios for the luxury industry rebound in 2021. Following a turbulent year, the luxury market has started its path towards recovery. The luxury industry returned to growth in the first quarter of 2021, growing by 0-1% versus 2019, which is viewed by the … Read more

This new sustainability platform for gemstones and jewelry to catalyze positive change across the jewelry industry

  This free digital resource is available to the entire gemstone and jewelry industry, from mining to retail. LVMH, the world’s biggest luxury group,  launched of the Gemstones and Jewelry Community Platform, a joint initiative inspired by strong sustainability commitments. The Coloured Gemstones Working Group, created to catalyze positive change across the jewelry industry, has … Read more

eBay Announces a New Layer of Security to Luxury Watch Sales

  eBay sold more than 200,000 luxury watches in 2020. Rolex sales increased by 4% compared to 2019. There were over 1.2 million daily live listings on average for watches in 2020. With nearly 8 million luxury watch listings created in 2020, eBay delivers additional payment features for watch transactions over $10,000. eBay, one of … Read more

This apparel brand was named world’s most valuable for 7th consecutive year, despite a 13% brand value drop

    Total value of world’s top 50 most valuable apparel brands has declined by 8% as sector negotiates fallout from COVID-19 pandemic. Nike Does it Again Claiming Title of World’s Most Valuable Apparel Brand for 7th Consecutive Year. Nike named world’s most valuable apparel brand for 7th consecutive year, brand value down 13% to … Read more

38 of the most prestigious watch brands gather for the biggest ever hybrid watch event

  Watches and Wonders 2021 is open for the biggest watch event ever to take place online. The hybrid show includes a wealth of exceptional creations revealed by the 38 prestigious participating Maisons. Watches and Wonders 2021 opens a for a particularly intense edition that puts watchmaking in the spotlight for over ten days. The … Read more

Celine, Chaumet, Patou, Dior and Louis Vuitton working with refugee artisans

“These are much more than simply fashion and décor items, they embody the tenacity that transforms beauty into esteem, esteem into hope, and hope into a future,” – Inès Mesmar, La Fabrique NOMADE director. On March 23, La Fabrique NOMADE, a non-profit that helps talented artisans who have sought refuge in France use their skills … Read more