LVMH becomes first European firm to reach market value of $500 billion. European luxury conglomerate LVMH breaks record with $500 billion market value. It’s worth noting that market values can fluctuate rapidly based on a variety of factors, including changes in market conditions, company performance, and global events. Luxury goods company LVMH / LVMH Moët … Read more
At Auto Shanghai 2023, Lexus celebrated the world premiere of the all-new Lexus LM. Beginning with the key luxury MPV market of China, the second-generation LM will be launched in over 60 countries worldwide, including for the first time in Europe and Lexus’s home market of Japan. The first-generation Lexus LM was launched in 2020 … Read more
Unmasking the Fakes: How High-End Brands are Taking on Counterfeiting. The last year Intellectual Property Crime Threat Assessment, produced jointly between Europol and the European Union Intellectual Property Office (EUIPO), reveals that the distribution of counterfeit goods has been thriving during the COVID-19 pandemic. The health crisis has presented new opportunities for trade in counterfeit … Read more
Clé de Peau Beauté and UNICEF Join Together to Benefit 5.7 Million Girls through Education, Employment, and Empowerment Programs with Partnership Renewal. Clé de Peau Beauté x UNICEF to tackle the root causes of gender inequality Luxury skincare brand announced the world’s largest private sector contribution to UNICEF‘s Gender Equality Program. The luxury skincare brand … Read more
With 45% of shares of sales, the US art market retains its leading position. Report. Inflationary pressures, the long tail of the COVID-19 pandemic, supply chain issues, and cryptocurrency turbulence: the art market has been subject to manifold, and at times contradictory forces over the last year. The sixth edition of Art Basel‘s landmark report, … Read more
World Premiere Of The New Mercedes-Maybach EQS SUV on two different stages. Mercedes-Maybach announces the premiere of the new Mercedes-Maybach EQS 680 SUV on two different stages. The Mercedes-Maybach brand has always stood for state-of-the-art technology, handcrafted precision and exclusivity. It is considered a pioneer in defining luxury, style and status. Mercedes-Maybach is a legend … Read more