Search results for: “luxury customer”
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Bombardier will stop manufacturing the iconic Learjet aircraft brand
The Learjet aircraft brand will end production at the end of 2021. Bombardier announced it will end production of Learjet aircraft later this year, allowing the aviation company to focus on its more profitable Challenger and Global aircraft families and accelerate the expansion of its customer services business. Bombardier’s 2020 revenues from Business…
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Meet the 671 bhp 2022 Artura – The High-Performance Hybrid Supercar from McLaren
McLaren unveiled all-new, next-generation High-Performance Hybrid supercar – the McLaren Artura. The McLaren Artura is the first model built on the new McLaren Carbon Lightweight Architecture (MCLA), which sets new standards for advanced and flexible chassis design and has been optimised for hybrid applications through bespoke battery compartment, domain-based ethernet electrical architecture, as…
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Annual Results: L’Oréal Luxe Division outperformed the market, especially in skincare
L’Oréal Group announced it accelerates growth in the fourth quarter, reinforces its market shares, and preserves its profitability at 18.6%. In 2020, the Covid-19 pandemic triggered a crisis of supply due to the widespread closure of points of sale which led to an unprecedented, if temporary, decline of the beauty market. “Throughout the…
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United Airlines invest more than $1 billion in Archer Aviation’s eVTOL combating climate change
United Airlines will invest massively in Archer Aviation, the start-up developing electric vertical takeoff and landing aircraft. United Airlines has completed an agreement to work with air mobility company Archer as part of the airline’s broader effort to invest in emerging technologies that decarbonize air travel. Rather than relying on traditional combustion engines, Archer’s…
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Cirrus Limited Edition 8000th SR is certainly an aircraft that will turn heads
Cirrus Aircraft’s Limited Edition 8000th SR features an exterior that is impossible to miss. Cirrus has a rich history of delivering aircraft that inspire people to do things. The company breaks out of the boundaries of traditional aircraft design with Limited Edition 8000th SR, commemorating the delivery of the 8,000th SR Series aircraft.…
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Despite Covid-19 crisis, diamond industry still managed to keep its sparkle. Report
Diamond industry suffered during the Covid-19 crisis but fared better than the personal luxury market overall. Report Diamond industry poised for rebound in 2021. Lockdowns, travel restrictions and economic uncertainty pushed diamond jewelry sales down by 15 percent in 2020 with most of the decline happening in the first and second quarters. But…