In a strategic move that highlights the burgeoning potential of the Indian luxury market, Christian Dior Couture has appointed Bollywood icon Sonam Kapoor as the latest ambassador for its womenswear, designed by Maria Grazia Chiuri. This collaboration marks a significant step for Dior as luxury brands increasingly recognize India’s growing consumer base, expected to spend […]
Zegna Group’s Third Quarter Sales Fall 7 Percent
The Italian luxury menswear group Zegna has reported a 7 percent decline in total sales for the third quarter of 2024, raising concerns about the future of the luxury market. Total revenue for the quarter hit €397 million ($429.8 million), a significant downturn attributed largely to the plummeting demand for luxury goods in key global […]
Chanel To Sponsor Oxford-Cambridge Boat Race
In a significant shift for both business and brand identity, Chanel is stepping into the realm of sports sponsorship. The French luxury house has announced its title sponsorship of “The Boat Race,” a historic rowing competition between the prestigious Oxford and Cambridge universities. This event, celebrated as the UK’s oldest major sporting occasion, is set […]
Gucci Picks Florence for Next Cruise Show
Gucci has made a significant announcement, declaring that its upcoming Cruise 2026 collection will debut in Florence, Italy, on May 15, 2025. This choice of location is particularly meaningful, as it is the city where the iconic fashion house was established by Guccio Gucci in 1921. For a brand like Gucci, rich in history and […]
Rianta Capital Invests In Biotech Beauty Brand
In an era where innovation shapes the beauty landscape, the UK-based biotech skincare brand, Reome, has captured attention with its successful first round of funding. Launched by former beauty editor Joanna Ellner in January 2023, Reome recently raised over £1.1 million ($1.4 million) led by Rianta Capital, the investment arm of New Look founder Tom […]
Moncler Stages Mega-Scale ‘Genius’ Event in Shanghai
Moncler, the renowned Italian skiwear brand, has set a new benchmark in luxury fashion with its impressive “The City of Genius” event held in Shanghai. Taking place inside a former shipyard in the dynamic heart of the city, the event showcased the latest from Moncler’s ongoing collaborations with a roster of celebrities and influential designers, […]
Gucci’s Marketing and Communications Shakeup Continues
Gucci, the illustrious Italian luxury brand, recently witnessed a significant shift in its marketing and communications landscape with the departure of chief brand officer Alessio Vannetti. This exit is part of a broader trend, as the company seeks to restructure its operations amidst troubling sales figures. Under the leadership of a new CEO, significant changes […]
How Mytheresa Can Make Its YNAP Deal Work
Mytheresa’s recent acquisition of Yoox-Net-a-Porter (YNAP) represents a significant step toward dominating the luxury e-commerce market. However, the success of this venture hinges on Mytheresa’s ability to transform YNAP into a profitable entity. The potential is substantial; combined sales estimates suggest that the two companies could reach €4 billion by 2029, but there are significant […]
Prada and Axiom Team Up on Space Suit for Moon Mission
In an exciting merger of luxury and innovation, Italian fashion powerhouse Prada has collaborated with Axiom Space, a pioneering space technology firm, to create a new spacesuit designed for NASA’s upcoming Artemis 3 mission. Scheduled for launch in 2026, this mission marks the first astronaut moon landing since the Apollo program concluded in 1972. The […]
Arnault Poised to Buy Paris FC Football Club With Red Bull
In a substantial move that underscores the intersection of luxury and sports, Bernard Arnault’s family is on the verge of acquiring a majority stake in Paris FC, a second-tier football club in France, in a partnership with the Red Bull brand. This strategic investment reflects the Arnault family’s commitment to diversifying their portfolio and merging […]