“The nouvelle vague – the new wave – of the luxury goods market will demand evolution amid disruption, adaptation amid uncertainty, and an expansion of creativity in all of the basics – all while new trends and concepts develop”, said Claudia D’Arpizio, a Bain & Company partner and leader of Bain’s Global Luxury Goods and … Read more
eBay Opens Store in NYC that Accepts Pre-Owned Luxury as Currency. Open during Jewelry Week in the heart of New York’s iconic Diamond District, the eBay Luxury Exchange capitalizes on the skyrocketing value of authenticated luxury items by letting shoppers exchange jewelry, handbags and watches from top brands like Gucci, Rolex, and Van Cleef & … Read more
Gold, luxury watches and jewelry serve as a store of value and a hedge against inflation. As global market reacted to Russian Invasion of Ukraine, the luxury brands were the last to announce the exit. Russian buyers invested in hard luxury, such as watches and jewellery. As al-jazeera wrote, at the beginning of the invasion … Read more
Only Watch is a biennial charity auction of unique watches for research on muscular dystrophies. In 8 editions €70+ millions were raised. On November 6, 2021; 55 luxury timepieces will be auctioned to support scientific research and find a cure on Duchenne Muscular Dystrophy, a devastating genetic disease affecting one in 3000 male births. … Read more
Christie’s New York holds its biannual Luxury Week This May and June, Christie’s New York holds its biannual Luxury Week, during which the finest jewels, handbags, and watches converge at the storied Rockefeller Center galleries. From the Chrysler Diamond with its distinguished provenance and Surrealism-inspired Cartier Crash to the rare Hermès Faubourg Birkin, … Read more
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