There’s no recession in Luxury, with global groups´ sales booming.
There’s no recession in Luxury, with global groups´ sales booming. Unstable markets, surging inflation and gathering economic gloom have proven no barrier to demand for luxury watches, jewellery and cars. The +19% leap in sales reported last quarter by LVMH, the owner of Louis Vuitton and Christian Dior Couture, suggests that luxury remains immune to the crises. The sector […]
Rolls-Royce.
Rolls-Royce enters into the world of fully-electric cars with the Spectre (as it’s officially named), a masterpiece described as “perfectly noiseless and clean” and having “no smell or vibration”. This launch marks the beginning of a new all-electric era for Rolls-Royce (an era that’s set to see the brand go fully electric by 2030). Drawing inspiration […]
LUXURY and ART. Oscar Wilde: “Life is short, art is infinite”.
[vc_row type=”in_container” full_screen_row_position=”middle” column_margin=”default” column_direction=”default” column_direction_tablet=”default” column_direction_phone=”default” scene_position=”center” text_color=”dark” text_align=”left” row_border_radius=”none” row_border_radius_applies=”bg” overflow=”visible” overlay_strength=”0.3″ gradient_direction=”left_to_right” shape_divider_position=”bottom” bg_image_animation=”none”][vc_column column_padding=”no-extra-padding” column_padding_tablet=”inherit” column_padding_phone=”inherit” column_padding_position=”all” column_element_spacing=”default” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_shadow=”none” column_border_radius=”none” column_link_target=”_self” column_position=”default” gradient_direction=”left_to_right” overlay_strength=”0.3″ width=”1/1″ tablet_width_inherit=”default” tablet_text_alignment=”default” phone_text_alignment=”default” animation_type=”default” bg_image_animation=”none” border_type=”simple” column_border_width=”none” column_border_style=”solid”][vc_column_text] LUXURY and ART. Oscar Wilde: “Life is short, art is infinite”. True Luxury, like art, aims […]
Apple.
Apple outer boxes have been designed to take SEVEN SECONDS to be opened. Is it this way? I checked it out in the attached video.👇. In case yes… how and why is this happening? Let’s find out… LUXURY is about creating memorable experiences. And to do so, any single detail around the Brand performance matters. We […]
Are you looking for financial returns?.
Are you looking for financial returns? Maybe you should evaluate investing in LUXURY bags… With most of the financial market roiling, luxury goods (especially high-end designer handbags) are becoming a hotly sought-after investment. A recent study from The Business of Fashion said 40% of US consumers had bought or were planning to buy one, helping bolster the […]
Louis Vuitton boutique in Panama City.
Louis Vuitton boutique in Panama City. The face of a young Asian consumer. Bain & Company estimates that, by 2025… Chinese consumers are set to become the dominant nationality for luxury, growing to represent between 40% to 45% of global purchases (vs. 33% in 2019). Mainland China is on a path to overcoming the Americas and Europe to […]
Chanel.
[vc_row type=”in_container” full_screen_row_position=”middle” column_margin=”default” column_direction=”default” column_direction_tablet=”default” column_direction_phone=”default” scene_position=”center” text_color=”dark” text_align=”left” row_border_radius=”none” row_border_radius_applies=”bg” overflow=”visible” overlay_strength=”0.3″ gradient_direction=”left_to_right” shape_divider_position=”bottom” bg_image_animation=”none”][vc_column column_padding=”no-extra-padding” column_padding_tablet=”inherit” column_padding_phone=”inherit” column_padding_position=”all” column_element_spacing=”default” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_shadow=”none” column_border_radius=”none” column_link_target=”_self” column_position=”default” gradient_direction=”left_to_right” overlay_strength=”0.3″ width=”1/1″ tablet_width_inherit=”default” tablet_text_alignment=”default” phone_text_alignment=”default” animation_type=”default” bg_image_animation=”none” border_type=”simple” column_border_width=”none” column_border_style=”solid”][vc_column_text] CHANEL unveils its new ephemeral boutique in East Hampton, New York. “It has a very Hamptons, home, […]
Do you know how many cars were sold in Ferrari last 2021?
Do you know how many cars were sold in Ferrari last 2021? 11,155 (+ 22.3% vs. 2020, +10.1% compared to 2019). These sales delivered a stunning 35.9% EBITDA. A record year. Amazing financial results. Good news that, however, are bringing concerns for the brand… What is the primary concern for a LUXURY house when facing record sales? How […]
Bain & Company.
Bain & Company estimates that the second-hand LUXURY market soared to reach €33 billion in 2021, driven by increased demand and a growing offer. Overall, this market grew by 65% between 2017 and 2021, vs. 12% growth for first-hand items. A new study presented by McKinsey & Company delivers very interesting conclusions. Among them, I highlight: 1. Women and […]
Chanel is a fantastic.
CHANEL is a fantastic example of how Luxury brands manage to “grow without losing the glow” (quoting Erwan Rambourg). This means, strengthening financials while protecting their pure Luxury approach. Not a surprise: the brand has just posted its highest revenue, cash flow and operating margin, profits skyrocketing 171%. THREE core directions that Chanel is following to protect […]
