Giorgio Armani revenues hit by China slowdown
Italian fashion house is latest luxury brand to suffer from economic slump in emerging markets and tourists’ terrorism fears
Luxury Industry
Nominations close for the Luxury Lifestyle Awards Middle East and Africa 2016
The prestigious event in the luxury segment has closed the nominations and started the countdown to the Gala Ceremony. Luxury Lifestyle Awards, an international award granted to the best companies and brands in the luxury segment, has officially closed its nominations after welcoming more than 357 entries from prominent luxury brands across the Middle East … Read more
LVMH’s Les Journées Particulières 2016 has a strong digital dimension via Instagram
LVMH’s Les Journées Particulières to show real-time craftsmanship via Instagram. On May 20, 21 and 22, the public will once again be able to discover LVMH’s rich heritage and the excellence and savoir–faire of its artisans. Les Journées Particulières by LVMH luxury group is back from May 20-22 for three days of backstage discoveries at … Read more
The new Alexander McQueen CEO to pursue the luxury brand’s global expansion
From 9 May 2016, Alexander McQueen, one of the most recognized British luxury fashion brand in the world, will have a new CEO. Kering luxury group, the owner of the fashion powerhouse, announced the appointment of Emmanuel Gintzburger as Chief Executive Officer of Alexander McQueen. Previously Worldwide Retail and Wholesale Director for Yves Saint Laurent, … Read more
Kering 2016 First-Quarter Revenue. Strong performance in Luxury in an uncertain environment
On January 21, 2016, the Corporate Knights’ Global 100 index published at the World Economic Forum in Davos ranked Kering as one of the 100 most sustainable companies in the world. Kering was the only Luxury group featured in the 2016 Global 100 index, and ranked second in the Textile, Apparel & Luxury Goods sector. … Read more
A rapidly changing face of luxury: The world’s ultra wealthy and the luxury yachting sector. Report
A superyacht is the ultimate platform of luxury. How the shifting sands of wealth and luxury affect trends in yachting. With an average price tag of US$10 million, a superyacht is a luxury item owned and enjoyed by the ultra wealthy. A new, younger generation of Ultra High Net Worth Individuals (UHNWI) is increasingly focused … Read more