Gucci Owner Kering Considers Selling Stake in $1 Billion Fifth Avenue Property The Italian luxury conglomerate, Kering, known for its high-end fashion brands such as Gucci and Saint Laurent, is making waves in the business world once again. According to sources, Kering is in talks to sell a stake in a prestigious Fifth Avenue building […]
LVMH to Buy Belmond Hotel Group for $2.6 Billion
LVMH to Acquire Belmond Hotel Group for $2.6 Billion: A Strategic Move in the Changing Consumer Landscape In a bold and strategic move, luxury conglomerate LVMH, under the leadership of Bernard Arnault, has announced the acquisition of the Belmond Hotel Group for a staggering $2.6 billion. This significant acquisition marks one of Arnault’s biggest moves […]
Heritage Porcelain Brand Ginori 1735 Enters Lifestyle
Heritage Porcelain Brand Ginori 1735 Enters Lifestyle Italian heritage porcelain brand Ginori 1735 is making waves in the lifestyle market with the unveiling of its redesigned Milanese flagship store during Salone del Mobile. This strategic move not only showcases the brand’s commitment to evolution but also highlights its ability to stay relevant in an ever-changing […]
Why Salone del Mobile Is Irresistible for Luxury Brands
Salone del Mobile: The Irresistible Magnet for Luxury Brands When it comes to the world of luxury, few events hold as much allure as the Salone del Mobile in Milan. This prestigious design fair, set to take place this week, is not just a gathering of designers and collectors; it is a melting pot of […]
Sotheby’s to Auction Original Hermès Bag That Belonged to Jane Birkin
Sotheby’s Reveals Rare Gem: Original Hermès Bag Owned by Jane Birkin Luxury meets legacy as Sotheby’s gears up to auction off the iconic Hermès Birkin bag that once graced the arm of the legendary Jane Birkin herself. This exquisite handbag, originally commissioned for the British-French actress and singer back in 1984, is poised to take […]
LVMH Has Room to Raise Prices 2-3%, LVMH Deputy CEO Says
LVMH Has Room to Raise Prices 2-3%, LVMH Deputy CEO Says In the dynamic world of luxury goods, pricing strategies play a crucial role in maintaining brand exclusivity and driving profitability. Recently, Deputy CEO Stephane Bianchi of LVMH, the renowned luxury conglomerate, made an intriguing statement regarding the company’s pricing power. Bianchi expressed confidence that […]
Can Jewellery Continue to Outshine Fashion?
Can Jewellery Continue to Outshine Fashion? In the realm of luxury goods, trends come and go with the swiftness of the wind. What was once considered a must-have item can quickly fall out of favor as consumer preferences shift and new contenders enter the arena. In recent years, we’ve witnessed a notable shift in the […]
How Raisefashion’s Emerging Designers Build Brands Informed by Heritage
How Raisefashion’s Emerging Designers Build Brands Informed by Heritage Designers from RaiseFashion’s third masterclass cohort are facing a myriad of challenges in today’s ever-changing fashion landscape. From navigating shifting tariffs to dealing with supply chain disruptions and pricing pressures, these emerging talents have their work cut out for them. Despite these obstacles, a group of […]
‘Flying palace’: Trump formally accepts Qatar’s lavish jet gift amid security concernsÂ
Flying Palace: Trump Formally Accepts Qatar’s Lavish Jet Gift Amid Security Concerns The Trump administration has formally accepted a luxurious Boeing 747 jetliner from the government of Qatar, sparking a mix of admiration and security concerns. This extravagant gift, often referred to as a “flying palace,” comes at a time when diplomatic relationships and security […]
LVMH Said to Signal Continued Weakness on China Woes
LVMH Signals Continued Weakness in Q3 Due to Soft Demand in China The French luxury powerhouse, LVMH, is facing challenges in the third quarter as it grapples with subdued demand, especially in the crucial market of China. According to sources familiar with the matter who spoke to Bloomberg, the company is cautioning investors and analysts […]