Tag: luxury
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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…
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Top honors at 2022 Boat International Design & Innovation Awards
After last year’s virtual prize-giving, the 2022 Design & Innovation Awards welcomed the return of the in-person awards ceremony in Milan, held as part of the Superyacht Design Festival. Each of this year’s entries represented the spirit and determination of the shipyards, naval architects and designers to persevere and continue to make deliveries in the…
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Ralph Lauren’s cashmere sweater to be the first-of-its-kind luxury Cradle to Cradle Certified product
How we design and make products today shapes the world we will inhabit tomorrow. American fashion company Ralph Lauren has recently launched a new circularity strategy. As part of this effort, they will certify five of their iconic products under the Cradle to Cradle Certified Products Program. Cradle to Cradle Certified is the global standard…
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Swedish luxury perfume brand Byredo acquired by Puig high-end group
PUIG ACQUIRES A MAJORITY STAKE IN BYREDO. Puig, the fashion and beauty family-owned company, has acquired a majority stake in Byredo, the Swedish luxury brand founded in Stockholm in 2006. Founder Ben Gorham and Manzanita Capital will both remain as shareholders. Ben Gorham will continue his creative leadership (Chief Creative Officer) and Manzanita will remain…
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Ginori 1735 x Off-White, and Cassina reinterpret, resize and reshape perfumes and porcelain
A rediscovery of pleasure and personal passions, but above all of the courage to live them. Ginori 1735 presents the new Home Fragrance collection Profumi Luchino and the new fragrances of LCDC on the occasion of Milano Design Week 2022. Ginori 1735, the expression of the Italian excellence in the field of luxury and lifestyle,…
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Road Trip Gear to Splurge On This Summer
As summer approaches, many families are planning vacations as an opportunity to step away from their day-to-day routines and relax. One option that many are choosing is to take a road trip to the destination of their choosing. This is a preferred option for many, due to low costs and the ability to maintain control…