Shockwaves in Paris as Riccardo Tisci named new Burberry designer
Appointment of Italian creative at the traditionally British brand hints at a radical turnaround plan
luxury market
Lab-grown luxuries: cruelty-free silk, diamonds, and leather offer an ethical alternative
Celebrities such as Leonardo DiCaprio and Stella McCartney are helping push a boom of high-quality, synthetic materials used by luxury goods firms
Burberry to reinvent itself as a super luxury British brand
New boss announces plan to raise the premium and put the fashion label on par with the likes of Dior and Gucci after better than expected results
3 hacks for launching a luxury startup
Luxury businesses aimed at an elite clientele can be lucrative. But the best operations don’t sustain success by chance — prior preparation and thorough research shortens the odds on a long-shot startup until it’s well worth a calculated gamble. So if you’re considering whether your entrepreneurial pipe dream can convert to cold hard cash, here … Read more
Luxury home price increase driven by a drop in the number of luxury homes on the market. Report
The housing shortage in the U.S. is now affecting the top of the housing market, says Report. Luxury home prices rose 7.5 percent in the second quarter of 2017 compared to last year, to an average of $1.79 million, according to the latest luxury housing market report by real estate brokerage Redfin. Redfin’s analysis tracks … Read more
In a luxury business environment that remains uncertain, LVMH approaches the second half of the year with caution
World’s leading luxury products group reports good growth in Europe, Asia and the United States; LVMH Moët Hennessy Louis Vuitton, the world’s leading luxury products group, recorded revenue of €19.7 billion in the first half of 2017, an increase of 15%. Organic revenue growth was 12% compared to the same period in 2016. All geographic … Read more