The Shifting Constellations: A Summer 2025 Overview of Global Luxury Markets The summer months of June, July, and early August 2025 saw the global luxury market navigate a nuanced landscape, moving away from the exuberant post-pandemic surge towards a more discerning, resilient, and ethically conscious era. While growth has moderated in some traditional strongholds, other … Read more
The luxury industry this past week has continued to grapple with the economic and consumer shifts that have defined the year, but with some notable brand-specific highlights and developments. The overarching theme remains a market slowdown, particularly in key Western markets, but with some brands and regions showing resilience. Key Financial and Market Insights Mixed … Read more
When haute eyewear meets Silicon Valley’s brightest minds, the result is something between a design revelation and a tech daydream. At least, that’s what Kering Eyewear and Google are betting on with their newly announced partnership to develop AI-powered smart glasses using Android XR. It’s a match made not in heaven, perhaps, but in an … Read more
Tariffs have long been a tool of economic policy, used to regulate trade, protect domestic industries, and at times, retaliate in geopolitical disputes. However, their impact on the luxury industry—a sector that thrives on cross-border commerce, global brand prestige, and exclusivity—can be particularly pronounced. From high fashion to luxury automobiles, fine wines to five-star hospitality, … Read more
When you think of Paris, certain images immediately come to mind: the Eiffel Tower, the Seine, haute couture, and, of course, those iconic streets lined with world-class luxury boutiques. It’s no wonder, then, that Kering, the powerhouse behind brands like Gucci, Saint Laurent, and Balenciaga, is staking an even bigger claim in the heart of … Read more
In 2024, the luxury fashion industry witnessed a significant reshuffling of creative directors, leading to notable successes and failures that shaped brand trajectories. Here’s a closer look at some key outcomes from these leadership changes. Notable Successes Olivier Rousteing at Balmain Olivier Rousteing’s continued leadership at Balmain resulted in an astonishing 900% revenue growth. His … Read more