The world’s leading luxury products group saw its revenue decline by 17%. What is the recipe for good resilience

  LVMH enters 2021 with cautious confidence and sets an objective of reinforcing its global leadership position in luxury goods. LVMH Moët Hennessy Louis Vuitton, the world’s leading luxury products group, recorded revenue of 44.7 billion euros in 2020, down 17%. In a very turbulent context not only for the luxury industry, LVMH group showed … Read more

Another luxury online retailer celebrates debut on the New York Stock Exchange

        January 21st marks an exciting milestone for Mytheresa luxury online platform. MYT Netherlands Parent B.V., the parent company of the Mytheresa Group GmbH, celebrated its debut on the New York Stock Exchange (“NYSE”) as a publicly traded company with the stock beginning to trade under the ticker symbol “MYTE” Mytheresa is … Read more

Lasting legacy: Aston Martin DBX Bowmore Edition captures the essence of two luxury British brands

    Strips from the copper whiskey stills are inlayed into the side strakes and Bowmore Tweed accents the interior, Q by Aston Martin has once again created a beautiful, limited edition Aston Martin. Aston Martin’s SUV, the DBX, has been revealed in an exclusive ‘Q by Aston Martin’ specification to celebrate the luxury automotive … Read more

WhistlePig fits very well with the Moët Hennessy’s portfolio of luxury wines and spirits

    Moët Hennessy x WhistlePig enters a partnership. LVMH’s division of luxury wines and luxury spirits acquired a minority stake in WhistlePig Rye Whisky. Moët Hennessy, the world leader in luxury wines and luxury spirits, announced a partnership to exclusively bring WhistlePig, the #1 distiller in the ultra-premium and luxury rye whiskey category in … Read more

A year of shock and change for luxury industry but with a recovery in sight. Report

    2020 luxury industry drop is the largest recorded since global consultancy have been tracking the industry. Covid-19 Crisis Pushes Luxury To Sharpest Fall Ever But Catalyses Industry’s Ability To Transform. Bain & Company Luxury Study. It has been a year of profound global change in the way we live, the way we shop … Read more

2020 Christmas Book: What luxury gifting means in a year unlike any other

  It’s that magical time of year when luxury retailers unveil the world’s most imaginative & exclusive gifts. The 94th edition of the iconic Neiman Marcus Christmas Book: 400 extraordinary holiday gifts for everyone on the wish list. Neiman Marcus unveiled the 2020 Christmas Book, a curated selection of over 400 extraordinary holiday gifts for … Read more