Gucci Revenue Dips by 7% in Q4 of 2022

Kering is the French-based parent company of luxury clothing, apparel, and other high-end brand goods such as Gucci, Balenciaga, Yves Saint Laurent, Bottega Veneta, and Alexander McQueen. Gucci watches, wallets, and handbags are among the luxury brand’s best-selling products. At the end of 2022’s fourth quarter, sales for the company decreased by 7% due to … Read more

What’s New in Luxury: 11 News From the Industry

Antoine Arnault Becomes CEO of LVMH Holding Company The second-oldest son of billionaire Bernard Arnault is replacing the 71-year-old Sidney Toledano as chief of Christian Dior SE, the investment vehicle through which the Arnault family controls luxury goods conglomerate LVMH. Read here. What Will China’s Looser Covid Restrictions Mean for Fashion? This week, China rolled … Read more

Watches and Wonders luxury event is taking up residence on the island of Hainan

Next stop Hainan island to discover a different side of watchmaking. The two destinations of Haikou and Sanya are only three-hours’ apart by road. All watch lovers and enthusiasts take note! Watches and Wonders Hainan: one event, two destinations, three months to dive into the heart of watchmaking. Watches and Wonders is taking up residence … Read more

Between ocean and Gobi Desert: Louis Vuitton Spring-Summer 2023 Men in Aranya, China

Naïve refinement. After its debut in Paris, Louis Vuitton’s latest Men’s Collection traveled to the China for an imaginative second presentation. Louis Vuitton Spring-Summer 2023 Men’s collection unveiled in Aranya, China celebrates dreams and imagination. A poetic sequel, Louis Vuitton Spring-Summer 2023 Men’s wardrobe embodies a contemporary meeting between East and West, infused with the … Read more

Wish You Were Here Afternoon Tea – a Maurizio Cattelan-inspired art dessert from one of the most popular and controversial artists working today

UCCA Center for Contemporary Art is China’s leading contemporary art institution. Committed to bringing the best in art to a wider audience, UCCA shares a wide range of exhibitions, public programs, and research initiatives to a public of more than one million visitors each year across three locations. This season, in partnership with UCCA, China’s … Read more

Who is the high-end tourist? These are top countries for high-end tourists to visit

Understanding the value of high-end tourism. High-end tourism, worth up to £30bn to the UK, presents a critically important opportunity to rebuild the post-pandemic economy and support future prosperity across the country, based on a virtuous circle of hospitality, culture, travel and retail. In Walpole’s recent report “What It’s Worth: Enabling The Return Of The … Read more