Just like old metrics such as horsepower and acceleration have been swept aside by charging time and range, there’s a new paradigm in automotive luxury as well. For Volvo, bling isn’t best. And the smell of new animal leather is no longer the only indication of a rich interior. Inside the all-new Volvo EX90 reinterpreting … Read more
Prada presents Eternal Gold, the fine jewelry collection made of 100% certified recycled gold. Pushing the boundaries of fine jewelry, Italian luxury brand Prada debuts ETERNAL GOLD, the first truly sustainable fine jewelry collection by a global luxury brand using 100% certified recycled gold. Prada fine jewelry is embedded in sustainable practice that informs twenty-first … Read more
Fashion resale is getting bigger and bigger. Driven by Gen-Z, Preowned Clothing is Expected to Make Up 27% of the Average Resale Buyer’s Closet By 2023. The estimated value of the apparel, footwear, and accessories resale market is between $100 and $120 billion worldwide, more than three times the size it was in 2020, according … Read more
Richemont, third-largest luxury goods company in the world, FARFETCH and Alabbar Advance the Digitalisation of the Luxury Industry. Richemont is building an independent, neutral online platform for the luxury industry that would be highly attractive to both luxury brands and their discerning clientele. Richemont Maisons to adopt FARFETCH Platform Solutions to advance the realisation of … Read more
Panerai to produce top of the line luxury goods with sustainable titanium. Italian luxury watch manufacturer Officine Panerai, and its parent company Richemont, the Switzerland-based luxury goods holding group, have been leaders in the application of titanium metal alloys in luxury watches, and they are again leading the market to build a low carbon, circular … Read more
CENTRAL GROUP AND SIGNA HOLDING COMPLETE ACQUISITION OF SELFRIDGES GROUP. Following the announcement in December 2021, Central Group and Signa Holding have completed the acquisition of the luxury retailer, Selfridges Group, from the Weston Family. This transaction has created one of the world’s leading luxury department store groups, with presence in 8 countries in Europe … Read more