Armani Cafe Makes Indian Debut At Jio World Plaza In Mumbai
In a major landmark for luxury retailing business in India, this International fashion major Giorgio Armani has parked its entry into hospitality sector in India by opening Armani Cafe at Jio World Plaza in Mumbai. This new chapter in the luxury dining experience may well open for the Indian consumer will help fortify the perception […]
Global Luxury Market Faces Challenges As Consumer Spending Slows
The global luxury goods market is at a crossroads and may be ripe for slowing down, as recent data suggest changes in consumers’ behavior and economic conditions in major countries. It has attracted the attention of industry stakeholders and market enthusiasts, paving the way for a reassessment of growth plans and forecasting of the marketplace […]
LVMH Acquires Minority Stake In Moncler Signaling Strategic Shift
LVMH the world’s largest luxury products conglomerate has recently signed on as a minority investor in Moncler, the Italian luxury outer wear maker. The strategic investment has been made along with Remo Ruffini, the Moncler’s CEO and the largest shareholder to signify the new era of luxury fashion and accessories market. Here is the major […]
Miu Miu Continues Explosive Growth Amid Luxury Market Slowdown
Miu Miu the Italian brand in luxury fashion is a leading brand that has effectively set an deviation against the market slow down by scoring a staggering 58% in the last year alone. The recent achievements of the brand have attracted the interest of industry observers and rivals to examine further how this performance has […]
Louis Vuitton Launches Sustainable Fashion Initiative In Paris
At an event in Paris today, luxury fashion powerhouse Louis Vuitton took a big step towards sustainability with the launch of its new eco friendly initiative Vuitton Vert. As part of an ongoing effort to figure out a new way to produce and consume fashion, the programme represents a landmark moment for the luxury industry’s […]
Renault Unveils Revolutionary Electric Vehicle Concept At Paris Motor Show
The Renault Éclaire, an electric vehicle concept from the iconic Renault, French automaker, caused an uproar at the Paris Motor Show today. The Éclaire’s sleek, futuristic look represents a bold step forward from Renault’s mission to lead sustainable mobility and cutting edge technology. The industry experts and enthusiasts have been especially drawn to the concept […]
Rolex Partners with Apple To Create Innovative Luxury Smartwatch
A surprise meld of Silicon Valley tech giant Apple with Swiss watchmaker Rolex has ripples running through the luxury watch and tech industries. The new category of luxury smartwatches joined by Rolex’s legendary craftsmanship and Apple’s cutting edge technology will now come to life with the cooperation of the two partners announced today at a […]
Hermès Launches Sustainable Leather Collection To Redefine Luxury Fashion
French maison Hermès has dared to challenge what’s normal in luxury fashion by initiating a groundbreaking sustainable leather collection. In a major move toward environmental responsibility, the iconic brand that is synonymous with world class craftsmanship and timeless design introduced its new line today at a star studded event in Paris. Éco-Cuir is a collection […]
LVMH Sells Off White Brand To Bluestar Alliance
This twist that has caught many by surprise within the fashion sector is the recent sale by LVMH of the Off-White label to Bluestar Alliance. This particular purchase has raised questions about the future trajectories of both LVMH and Off-White and changed the big luxury-streetwear equation. Off-White has been on the frontier of luxury-streetwear ever […]
Miu Miu Continues Explosive Growth In Slowing Luxury Market
Take for example the Italian luxury fashion brand, Miu Miu, which has defied the generally low growth rate by ticking an impressive 58 percent of the current year’s growth rate though the overall market growth rate of luxury products is forecast to slow down. Such remarkable results capture the attention of industry analysts and followers […]