After a sharp contraction in 2020, the personal luxury goods market grew by 29% at current exchange rates to hit EUR 283 billion, increasing the size of the market by 1% versus 2019 levels. For the future, Bain & Company estimates that the personal luxury goods market could reach EUR 360-380 billion by 2025 with … Read more
Luxury watchmaker and High-end Toy car builder join forces to create a special motorsport collaboration on the occasion of the 78th Goodwood Members’ Meeting. From partnerships with Mercedes-AMG and the Mercedes-AMG Petronas Formula One Team to sponsoring GT and classic car races, IWC is closely involved with many facets of motorsport. In 2018, the … Read more
Fendace: Kim Jones and Donatella Versace are having a little fun and decided to switch roles. Fendi Creative Director Kim Jones and Donatella Versace switched roles to create two unique collections: Versace by Fendi and Fendi by Versace. Thankfully it was just a fun project to catch some attention and not a definitive … 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
Waste recovery, raising the efficiency of productive processes, innovating traditional craftsmanship, raising ecological awareness: showcasing a variety of approaches to green design, “supersalone” design fair in Milan provided a unique opportunity to engage with the various responses and approaches from the design companies to the theme of environmental sustainability. This is just a … Read more
Kering acquires family-owned Danish luxury eyewear company. Kering Eyewear acquires the Danish luxury eyewear brand Lindberg, a family-owned Danish eyewear company, renowned and awarded for its exceptional titanium optical frames, design, innovative and patented technology and impeccable craftsmanship. According to Kering luxury group, the high-end brand has a unique positioning and solid growth … Read more