Global Personal Luxury Goods Market On Track For Recovery. Two possible scenarios for the luxury industry rebound in 2021. Following a turbulent year, the luxury market has started its path towards recovery. The luxury industry returned to growth in the first quarter of 2021, growing by 0-1% versus 2019, which is viewed by the … Read more
The Silk-FAW partnership is the first joint venture between China and Italy in the super premium and premium auto segments with a commitment of more than €1 billion. Italian car designer Walter De Silva is designing the Hongqi ‘S’ series. Silk EV, an international automotive engineering and design company, and FAW, China’s largest … Read more
Back in time to the grand table settings and elegant dinners of a seemingly bygone era Over nearly two centuries of luxury tableware production and collecting, Thomas Goode, home to the world’s finest tableware, china, silver and crystal, has accumulated numerous wonderful objects, including one copy of every commissioned piece supplied for their own … Read more
Tiffany & Co. reported its financial results for the three months (“third quarter”) and nine months (“year-to-date”) ended October 31, 2020. The numbers give confidence as the American heritage jeweler enters the important holiday season. In the third quarter, Tiffany & Co. worldwide net sales returned to the billion dollar level and represented … Read more
High-profile editor leaves as Chinese audiences turn to social media influencers
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