The industry of luxury watches is now in a renaissance, collectors and fans of the…
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Demand for Vintage, Limited-Edition Watches Rises
The industry of luxury watches is now in a renaissance, collectors and fans of the brands are now pushing the demand for collecting watches that are rare and classic. This trend has manifested through record bidding prices and people waiting for years to get their hands on a classy timepiece from authorized dealers in the […]
HERMES Unveils Exclusive METIERS d’ART Collection
Hermès, one of the biggest leaders in luxury has again enthralled the fashion community with its new Métiers d’Art line up and preview for 2024. The launch was done officially at a glamorous event held in Paris thus proving that though, the brand master the modernism aspect but does not forget the classics. For this […]
Brisbane’s Queen’s Wharf Luxury Precinct faces setback
The long-awaited luxury shopping complex is going to be included in the Queen’s Wharf development in Brisbane, however, the building construction has been stopped because of the legal issue. The Destination Brisbane Consortium which is the project developer has been in a legal battle with their tenant DFS Australia in relation to the state of […]
London’s Luxury Fashion Scene: A Tapestry of Tradition and Innovation
As London Fashion Week celebrates its 40th anniversary in September 2024, the city’s luxury fashion scene continues to evolve, blending its rich heritage with cutting-edge innovation. This milestone event showcases London’s enduring status as a global fashion capital, while also highlighting the industry’s response to changing consumer preferences and societal shifts. The five-day extravaganza, running […]
Australian Luxury Retail Market Soars as Young Consumers Drive Growth
The market shows a phenomenal growth in Australia’s luxury retail sector, and the growth outlook for the sector is expected to hit $6. And, as the sales of the electric bicycles continuously increase, Dyson expects it to generate up to £ 2 billion of revenue by the end of December, 2024. This has been attributed […]
Luxury Watch Brands Navigate Market Challenges with Innovation and Heritage
As the luxury market continues to stagnate, conventional watch makers are in a dilemma, how do they retain their classical roots while trying to appeal to the new generation of consumers? The two brands, Ulysse Nardin and Girard-Perregaux are epitomizing this challenge by instituting changes in their strategic direction to cope with these changes in […]
Luxury Market Slowdown Doesn’t Stop Miu Miu’s Growth
Miu Miu has been one of the successful brands of the luxury fashion industry in the year of challenge with a growth rate of 58 percent. This has been done at a time when many luxury brands are struggling with declining sales and many other economic challenges. In an interview, Miu Miu’s CEO Benedetta Petruzzo […]
Luxury Brand LVMH Closes Big Formula One Sponsorship Deal
French luxury goods giant LVMH is said to be close to inking a massive sponsorship arrangement with Formula One, which will be a high-risk, aggressive move for the group’s brand portfolio of luxury goods and other items. This possible partnership illuminates the recent phenomenon of luxury brands’ desire to associate themselves with the glamour and […]
Chanel Appoints New Fragrance and Beauty President
Chanel the French luxury fashion house has recently announced the appointment of Simona Cattaneo as its new president for fragrance and beauty. It is at this time that the luxury industry is experiencing new consumer trends and various market challenges. Cattaneo has developed her career in Coty and other beauty and fashion giants such as […]
Indian Luxury Tech Innovation Drives Growth
It may be seen how India’s luxury goods market is currently undergoing an incredible shift due to Technology advancement, a shift to eco-friendliness, and customer preferences. As the global luxury sector feels the heat in the traditional markets, India seems to be the bright spot; the country has a rapidly expanding middle-class population and a […]