Lacoste to Sponsor Rolex Paris Masters Tennis Tournament The renowned French label Lacoste is making significant strides in the world of sports sponsorships by securing a sponsorship deal for the prestigious Rolex Paris Masters Tennis Tournament. This move not only underscores Lacoste’s deep-rooted connection to the world of sports but also highlights the increasing interest […]
Boss Signs Deal with Aston Martin Racing Team As Formula One Heats Up
Boss Signs Deal with Aston Martin Racing Team As Formula One Heats Up In the fast-paced world of Formula One, every detail counts – from the speed of the cars to the precision of the pit stops. And now, as the competition heats up on the track, off the track, a new player is making […]
LVMH and Formula 1 Announce 10-Year Partnership
LVMH and Formula 1 Announce 10-Year Partnership In a move that has sent ripples of excitement through the luxury goods and motorsports industries, LVMH has recently revealed a groundbreaking partnership with Formula 1 set to span the next decade. This collaboration is not only set to redefine the way we perceive luxury and high-speed racing […]
As Kering’s Fashion Cools, Pomellato Heats Up
As Kering’s Fashion Cools, Pomellato Heats Up The luxury goods market has been facing a slowdown in recent times, with consumers becoming more cautious about their spending habits. However, amidst this challenging landscape, Milanese jeweler Pomellato seems to be defying the odds and emerging as a shining star. While other fashion houses under the Kering […]
Swiss Watch Exports Slump in May as US Tariffs Shake Market
Swiss Watch Exports Experience a Downturn in May Amidst US Tariffs Turmoil Switzerland, renowned for its precision and luxury in watchmaking, has recently faced a significant setback in its watch export industry. The latest reports reveal a slump in Swiss watch exports in May, with a notable decline in shipments to the United States, the […]
Bernard Arnault Grapples With Biggest Slump in LVMH History
Bernard Arnault Grapples With Biggest Slump in LVMH History The luxury industry, known for its resilience and opulence, is currently facing one of its most challenging times in history. At the forefront of this struggle is Bernard Arnault, the chairman and CEO of LVMH (Moët Hennessy Louis Vuitton), the world’s leading luxury goods company. With […]
Report: Kering to Name Renault Boss Luca de Meo CEO
Report: Kering Set to Appoint Renault Boss Luca de Meo as CEO French luxury conglomerate Kering is gearing up for a significant leadership change in response to a recent downturn in its share value, as reported by Le Figaro. The decision to name Luca de Meo, the current head of Renault, as the new CEO […]
Gucci Owner Kering in Talks to Sell Stake in $1 Billion Fifth Avenue Property, Sources Say
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 […]