October 11, 2024
Hermès Introduces Mushroom Leather Birkin Bag For Eco-Friendly Fashion
There is not a single doubt that the recently announced launch of the first bag made from mushroom leather and made by Hermès caused a stir in the fashion community. This innovative creation, dubbed the “Mycelium Birkin,” represents a significant leap forward in sustainable luxury and signals a potential paradigm shift in the use of […]
Cartier Launches Lab-Grown Diamond Collection For Sustainable Luxury
More disquiet has recently emerged in the luxury jewelry market, as Cartier, the French ‘King of Jewellers,’ introduced its very first line of jewelry created with synthetic diamonds. This innovative development is revolutionary in the luxury domain as more brands start to embrace environmental and ethical issues that may change the future of luxury jewelry. […]
Rolex Restructures South African Operations
The direct operations of Swiss luxury watchmaker Rolex have effectively come to an end in South Africa due to a fundamental restructuring of its operations in the country. Since 1948, the firm has been operating an affiliate office in South Africa and currently operates under the name Rolex Watch Company (South Africa) (Proprietary) Ltd, which […]
South African Luxury Market Shows Resilience
The current and potential future market conditions for luxury goods remain favorable in South Africa despite a current incumbent economic and social crisis. Current research and industry studies demonstrate that country-specific emerging consumer desires, branding directions, and other factors define the future of luxury retailing in the country more profoundly. Specifically, current value growth of […]