A Time of Sincerity wins fifth edition of Loewe Foundation Craft Prize

Spanish luxury brand Loewe announces winner of fifth edition of LOEWE FOUNDATION Craft Prize. The Craft Prize jury has met in Seoul for deliberations and selected A Time of Sincerity by Dahye Jeong as the winner of this year’s prize. This year’s LOEWE FOUNDATION Craft Prize has been awarded to Korean artist Dahye Jeong for … Read more

LVMH-owned Sephora leaves Russia

The French chain of cosmetic stores Sephora announced the sale of 100% of the shares of its subsidiary in Russia to its local General Manager, reported the press service of the LVMH luxury holding, which owns Sephora and operated stores in 34 cities in Russia. Sephora enters into an agreement for the sale of 100% … Read more

Discretionary spending continued to drive growth across fashion-forward sectors. Report

Mastercard SpendingPulse: U.S. Retail Sales in June Reflect Rising Prices for Essentials, Continued Leisure Spending. According to Mastercard SpendingPulse, which measures in-store and online retail sales across all forms of payment, U.S. consumer retail spending excluding automotive increased +9.5% year-over-year (YOY) in June, while retail sales excluding auto and gas rose +6.1% YOY. Rising prices—particularly … Read more

Zaha Hadid’s Opus has become one of the most sought-after destinations in the UAE

The Opus by OMNIYAT designed by Zaha Hadid is a mixed-use 20 storey tower, housing 96 unique residences, 175 unrivalled offices, a mix of fine dining restaurants, retail spaces and a five-star hotel, ME Dubai. It features twin towers linked in the form of a cube with an eight-storey central void that contrasts dramatically with … Read more

Celebrated Canadian Developer Announces First European Golf Project

Cabot’s first European project, Cabot Highlands, is situated in the Scottish Highlands and will include world-class golf, boutique accomodations and luxury real estate. Cabot, the developer and operator of master-planned golf resort communities, announces the acquisition of Castle Stuart in the Scottish Highlands. The centerpiece of the iconic property, soon to be known as Cabot … Read more

The watches donated for Horological Society of New York’s 2022 auction are amusing, historical and most of all – meaningful

Phillips auction house is honored to partner for the second year in a row with the Horological Society of New York to present an online charity auction featuring several exceptional timepieces. All proceeds from this sale will benefit HSNY’s ongoing charity initiatives The Horological Society of New York (HSNY) announced Timepieces for HSNY: 2022 Charity … Read more