Luxury

Estée Lauder Debuts First Gourmand Fragrance Glimmer Eau de Parfum

The beauty giant enters the gourmand category with Glimmer, featuring notes of macaron rose and raspberry mousse, priced at $160. Hailee Steinfeld fronts the campaign.

Jewellery Sales Emerge as Key Differentiator for Luxury Groups Amid Fashion Slump

As luxury conglomerates face declining fashion sales and geopolitical headwinds from the Middle East conflict, investors are zeroing in on jewellery performance as a critical factor in determining market winners.

Louis Vuitton Wins ¥10.3 Million Trademark Suit Against Chinese Tea Chain Molly Tea

French luxury house Louis Vuitton secured a ¥10.3 million first-instance judgment against Chinese brand Molly Tea over a four-petal flower logo, a motif rooted in classical Chinese garden architecture.

Hotel Excelsior Venice Lido: A Century-Old Urban Luxury Resort with Private Beach

Opened in 1908, the Hotel Excelsior Venice Lido remains the only urban luxury resort in Venice with a private beach, blending historic grandeur with modern exclusivity.

Mondelez WTR and Extime Duty Free launch Toblerone activation at Paris airports

Mondelez World Travel Retail and Extime Paris Duty Free have unveiled a multi-location Toblerone campaign at Paris Charles de Gaulle and Orly airports, featuring a branded shop-in-shop, personalised gifting and limited-edition Swarovski crystal bars.

Beauty Standards Through a Philosophical Lens

A new analysis draws on philosopher Martha Nussbaum’s work to examine how beauty standards, branding, and objectification influence autonomy and human flourishing.

Chanel Expands Les Extraits Line With Limited Boutique Distribution

Chanel is rolling out its Les Extraits fragrance line in select stores via appointment-only sales, with 50 locations in China and 200 globally, following a Shanghai event that highlighted the new 1957 Extrait and Extrait-to-Wear spray.

Foreign luxury car sales in China tumble as wealthy buyers shift to EVs

International luxury auto brands including Mercedes-Benz, BMW and Land Rover saw a sharp drop in China last month, as affluent consumers increasingly favor electric vehicles over petrol-powered models.

Cayla Gray Fragrance Aims to Redefine Fragrance with Clean Ingredients and Layering

Founded after a personal tragedy, Cayla Gray Fragrance combines transparency, wellness, and emotional storytelling in a fragrance layering system. The brand projects $2M-$5M in revenue by 2026.

Modella Capital Emerges as Potential Bidder for Harvey Nichols

Modella Capital, a prolific buyer of distressed businesses, is the latest company reportedly eyeing a takeover of luxury department store chain Harvey Nichols.

Exoceuticals Launches with Regenerative Skincare Powered by Biotechnology

Exoceuticals has entered the beauty market with a science-driven range that applies regenerative medicine and longevity research to skincare and haircare. The brand launched in April 2024 in New York City.

Footballers Turn Man Bags Into Luxury Must-Haves

Elite footballers like Erling Haaland and Jude Bellingham are driving demand for high-end man bags, including $50,000 Hermès designs, helping revitalize the luxury sector.

Chanel opens standalone beauty boutique at Toronto Pearson in partnership with Avolta

China's Luxury Housing Boom Lures Wealthy Buyers Away from Hong Kong

A surge in mainland China's luxury housing market, led by Shanghai, is keeping affluent buyers onshore, potentially challenging Hong Kong's high-end residential sector.

Soho House Opens in Tokyo's Aoyama District

Soho House has launched its first Tokyo location, occupying two floors of the new Omotesando Grid Tower in the upscale Aoyama area.

Regent Hotels to make Chengdu debut with 2029 opening

IHG Hotels & Resorts has partnered with Newhope Real Estate to open Regent Chengdu in the city's Jinjiang District by the third quarter of 2029, marking the luxury brand's first property in the southwestern Chinese metropolis.

Italian Police Probe Nine Luxury Brands Over Subcontractor Labour Practices

Italian authorities have launched a second wave of labour investigations, visiting the headquarters of nine luxury fashion houses to demand documents on supply-chain controls amid allegations of worker exploitation at subcontractors.

Richemont First-Quarter Sales Rise 20% on Strong Regional Demand

Richemont Group reported first-quarter sales of €6.3 billion, a 20% increase at constant currency, driven by double-digit growth across all regions and a strong performance from its Jewellery Maisons.

Baldinini Secures New Investor, Sets 40% Growth Target

Italian footwear brand Baldinini has received a capital injection from an undisclosed global footwear manufacturer and aims to boost revenue by 40% through new store openings and product launches.

Watches of Switzerland Group Posts 11% Revenue Growth for Full Year 2026

The retailer reported record revenue of £1.8 billion, up 11%, and a 76% jump in statutory profit before tax to £133 million for the year ended 3 May.

Bottega Veneta Opens Palm Beach Boutique at The Royal Poinciana Plaza

Bottega Veneta has opened a new boutique at The Royal Poinciana Plaza in Palm Beach, offering ready-to-wear, leather goods, fine jewelry and fragrances.

Lark Distilling Co. Debuts in Asia Travel Retail with Lotte Duty Free at Changi Airport

Tasmanian whisky house Lark Distilling Co. launches at Singapore Changi Airport via a partnership with Lotte Duty Free, marking its first Asia travel retail presence.

Liberty Appoints Laura Simpson as CMO, Expanding Beauty Role

Laura Simpson has been named chief marketing officer of Liberty London, adding the title to her existing role as managing director of the store's beauty division, LBTY.

TechnicoFlor Acquires Grasse-Based Fragrance House Azur Fragrance

French fragrance compounder TechnicoFlor has acquired Azur Fragrance, a family-owned perfume composition company based in Grasse, France, to bolster its natural perfumery capabilities and international reach.

Shams Acquires Fragrance Tech Firm Scentys

French olfactory design company Shams has acquired fragrance technology specialist Scentys, combining expertise in scent creation and diffusion to expand in luxury, retail, and hospitality.

Kering Signs MoUs with Eight Italian Schools to Revitalize Craft Education

Kering has signed memorandums of understanding with eight educational institutions in Milan's Mind innovation district, launching a network to merge traditional craftsmanship with modern innovation.

Nammos Hotels Plans Luxury Resort and Residences in Montenegro's Smokva Bay

Nammos Hotels & Resorts will develop a mixed-use luxury destination at Smokva Bay, Montenegro, featuring a 117-key resort, branded residences, dining, retail and wellness facilities.

Shenzhen Duty Free Group Wins Duty-Free Concession at Zhongshan Port

Shenzhen Duty Free Group has secured the arrivals duty-free concession at Zhongshan Port in South China, serving ferry passengers between Hong Kong, Macau and the mainland.

Executive Retail Shops Launches World Cup Campaign at Fort Lauderdale Airport

Luxury travel retailer Executive Retail Shops has introduced a FIFA World Cup-themed campaign at Fort Lauderdale-Hollywood International Airport's Sheltair FBO for private aircraft passengers, running through July 19.

Style Capital Invests in French Fragrance Brand Essential Parfums

Milan-based private equity firm Style Capital has entered the beauty sector for the first time by taking a stake in Essential Parfums, a French fragrance house known for accessible luxury and transparency.

Chapter Chianti Opens as Latest Luxury Resort in Tuscany

Chapter Chianti, a restored 17th-century borgo spanning 50 hectares of vineyards and olive groves, has opened in Tuscany's Chianti region as the second property in the Chapter Italia portfolio.

Luxury brands accelerate AI adoption as consumer usage surges

A new joint study reveals that luxury executives are rapidly prioritizing AI, with 22% ranking it among their top three strategic priorities by 2026, up from 5% in 2024. Meanwhile, 55% of luxury consumers now use AI in their purchase journey.

TOTEME Opens Miami Boutique at Bal Harbour Shops

Swedish fashion label TOTEME has opened a 1,010-square-foot boutique at Bal Harbour Shops in Miami, blending Scandinavian aesthetics with local tropical influences through a design by Stockholm architects Halleroed.

Martin Margiela Sells Part of His Personal Archives

The reclusive Belgian fashion designer, known for shunning the spotlight, is offering a selection of his personal archives for sale.

Ai Weiwei's 'Button Up!' Confronts Colonialism and Migration in Manchester

Chinese artist Ai Weiwei’s new exhibition at Manchester’s Aviva Studios critiques colonial history, warfare, and the refugee crisis through monumental installations made from buttons, Lego, and an inflatable dinghy.

Hong Kong retail leasing market faces prolonged downturn amid multiple headwinds

Hong Kong's retail leasing market remains under severe pressure, with rents dropping far below pre-pandemic levels as geopolitical tensions, capital flight controls, and potential US rate hikes add to uncertainties.

Hotel Principe di Savoia in Milan to close for two-year renovation

Dorchester Collection will shutter the historic Milan hotel from January 2027 for extensive renovations, with reopening expected in 2029.

Marine Serre seeks court protection amid cash flow crisis

French fashion label Marine Serre has been placed under court-supervised reorganisation in Paris to address cash flow issues caused by client non-payment.

JW Anderson opens first Paris pop-up boutique near Louvre

JW Anderson has opened a pop-up boutique at 15 Rue du Louvre in Paris, marking the brand's first retail space in the French capital. The store will operate until September 24, offering men's and womenswear alongside curated homeware pieces.

Luxury Brands Elevate AI to Top Strategic Priority as Consumer Adoption Surges

New research shows a sharp increase in luxury houses ranking artificial intelligence among their top corporate priorities, even as consumer AI usage for shopping outpaces brand deployment.

Tiffany & Co. Opens First Blue Box Café in Singapore

Tiffany & Co. is launching its first official Blue Box Café in Singapore, located within its ION Orchard flagship store. The café, developed with three-Michelin-starred chef Julien Royer, offers a menu blending American, French, and Singaporean flavors.

Ferrari Trento and Areas MyChef Open Premium Restaurant at Rome Fiumicino

Ferrari Trento and Areas MyChef have opened a 70-seat restaurant at Rome Fiumicino Airport's non-Schengen Terminal 3, featuring Trentodoc sparkling wines and Italian cuisine.

Louis Vuitton Sues Bubble Tea Chain in China Over Trademark

Louis Vuitton has taken legal action against a bubble-tea chain in Suzhou, China, to settle a trademark case, highlighting the challenges luxury brands face in protecting their IP in the Chinese market.

Francéclat launches Le Rendez-Vous jewellery platform during Paris Fashion Week

Francéclat will debut Le Rendez-Vous, a new fine jewellery design event, at the Tuileries Garden from October 2 to 5, coinciding with Paris Fashion Week.

Hong Kong drops to 4th costliest city for wealthy amid change in luxury spending

Birkenstock and Repetto Unveil Ballet-Inspired Capsule Collection

Birkenstock has teamed up with French ballet footwear heritage brand Repetto on a three-style capsule collection under its 1774 line, launching July 16 with designs blending contoured comfort and ballet elegance.

Six Senses AMAALA to Open July 15, 2026 on Saudi Arabia’s Red Sea Coast

Six Senses AMAALA will debut mid-July 2026, featuring 100 suites and villas, a destination spa, and sustainability-focused design along the Red Sea.

Valentino to Sell €450M in Bonds to Refinance Bank Debt

Maison Valentino has approved a €450 million senior secured bond sale to repay bank debt and fund investment and working capital, with shareholders Kering and Mayhoola backing the issue with a potential €250 million equity injection.

Waldorf Astoria Bangkok Positions as Refined Urban Hideaway, Says GM

In an exclusive interview, General Manager Sebastien Pisano explains how the hotel differentiates itself through intimacy, curated experiences, and culinary storytelling in the heart of Bangkok.

Cartwright & Butler Launches Channel-Exclusive St Andrew's Flag Tin in Scottish Airports

British fine-food brand Cartwright & Butler has unveiled a travel retail-exclusive St Andrew’s Flag Tin, available from July at World Duty Free stores across Scotland.

Air France opens first branded lounge at London Heathrow Terminal 4

Air France has launched its first dedicated lounge at London Heathrow Airport, featuring French-inspired design, dining and hospitality for premium passengers.

Luís Figo’s Fashion Brand Unveils Refreshed Identity and Strategy

LF Luís Figo, the fashion label founded by former Portuguese footballer Luís Figo, is entering a growth phase with a redesigned identity, a see-now-buy-now model, and a seasonless wardrobe concept.

Costa Brazil Projected to Reach $5M-$8M Revenue in 2026 as Sustainable Luxury Brand Gains Traction

Costa Brazil, the sustainable beauty and wellness brand founded by former Calvin Klein creative director Francisco Costa, is forecast to generate $5 million to $8 million in revenue by 2026, according to industry estimates.

MB&F Opens New Lounge on Madison Avenue in New York

Swiss independent watchmaker MB&F has opened a lounge on the fifth floor of the historic Fuller Building on Madison Avenue. The space is designed for watch enthusiasts to experience mechanical art in a relaxed setting, featuring a cozy living room and presentation areas.

MyTheresa Launches Mobile Luxury Boutique in the Hamptons

MyTheresa has launched a mobile bespoke retail experience in the Hamptons for summer, offering private appointments and public walk-ins at iconic locations.

LVMH's Journées Particulières to Showcase 46 Brands Across 11 Countries

LVMH will hold its next Journées Particulières event this fall across 11 countries, featuring 46 brands with a focus on artisanship.

Next reportedly eyes Harvey Nichols acquisition to enter luxury market

UK retailer Next is reportedly considering buying luxury department store Harvey Nichols, a move that would mark a significant shift into high-end retail.

Luxury Sector Poised to Capitalize on EU-India Free Trade Deal

The EU-India free trade agreement, signed earlier this year, is expected to take effect in 2027, opening new opportunities for luxury businesses. The Comité Colbert and the Franco-Indian Chamber of Commerce are working to facilitate market access.

Tiffany & Co. Unveils Renovated South Coast Plaza Flagship

Tiffany & Co. has opened a newly renovated flagship boutique at South Coast Plaza in Costa Mesa, California, featuring a design inspired by the brand's New York Landmark.

Renzo Rosso: Artificial Intelligence Is a Stimulus for Fashion Competitiveness

OTB Group founder Renzo Rosso advocates for AI as a driver of growth and competitiveness in fashion, while emphasizing a local sourcing strategy within 20 kilometres of headquarters.

CHANEL Acquires Historic Parisian Shirtmaker Charvet

CHANEL has acquired Charvet, the historic Parisian shirtmaker founded in 1838, aiming to preserve its craftsmanship and ensure creative independence.

Ermanno Scervino opens six new stores in luxury destinations

Italian luxury brand Ermanno Scervino has opened six new stores in key international markets, including Saint-Tropez, Los Angeles, Beijing, Capri, Taormina and Prague, as part of its retail expansion strategy.

Global Luxury Market on Track to Reach $700 Billion by 2030

The global luxury market is projected to hit $700 billion by 2030, driven primarily by growth in the United States and China, according to a new survey-based report.

Kavalan Unveils Limited-Edition Solist Madeira Cask for Travel Retail

Kavalan Distillery has launched a one-litre limited edition of its Solist Madeira Cask Single Cask Strength Single Malt Whisky for global travel retail, rolling out across key Asian markets including South Korea, Singapore and Japan.

Manto Reale rebrands and enters South Korea after 10 years

Italian menswear label Manto Italia has rebranded as Manto Reale and made its South Korean market debut, with plans to expand in the Middle East.

MBFWMadrid Taps Latin American Fashion Awards, Opens September Edition with Agua by Agua Bendita

Madrid Fashion Week will present the Colombian label Agua by Agua Bendita with the International Designer Award and open its September 14-19 edition with the brand's runway show, following a partnership with the Latin American Fashion Awards.

France’s Guimet Museum Vows 24-Hour Repatriation of Looted Chinese Relics

Following a new French restitution law, the Musée Guimet of Asian Arts in Paris has pledged to return any Chinese artifacts proven stolen within 24 hours, marking a potentially historic shift in cultural heritage repatriation.

New Documentary 'Scent of China' Traces 5,000 Years of Fragrance Culture

An eight-part documentary series explores China's fragrance history from ancient incense-making to modern aromatic innovations, premiering in Huzhou with over 100 industry figures.

Hong Kong Luxury Home Buyers Return as Agents Predict Mild Price Gains

Hong Kong's luxury property market is seeing a revival with a surge in transactions, though agents expect price growth to remain limited to around 2% for the rest of the year.

Hong Kong developer offers Mercedes-Benz cars to luxury homebuyers

K&K Property is giving away Mercedes-Benz vehicles to buyers of high-end homes worth HK$50 million or more, as the city's luxury property market rebounds.

Ferrari Launches British Grand Prix Capsule Collection with Circular Design Focus

Ferrari's fashion arm has unveiled a limited-edition British Grand Prix capsule collection that blends motorsport heritage with sustainable fashion, featuring Union Jack-inspired pieces and reconditioned garments from previous collections.

ALAÏA Opens New Boutique in Miami Design District

The French fashion house has opened a new boutique in Miami's Design District, featuring an Art Deco-inspired interior by Stockholm-based architecture firm Halleröd.

Gucci Unveils 2026 High Jewellery Collection Inspired by Flora and Nautical Motifs

Gucci has introduced a new high jewellery collection for 2026, featuring four families that draw on floral and maritime themes, including the iconic Flora motif and knot-inspired designs.

Richemont Sells Baume & Mercier to Damiani Group

Richemont has completed the sale of its watchmaking brand Baume & Mercier to the Italian Damiani Group, which plans to expand the 200-year-old maison's global reach.

JCDecaux Dicon Installs Giant Wall Wrap for Binghatti at Dubai Airport

A nearly 340-square-metre advertising installation for luxury developer Binghatti has been unveiled at Dubai International Airport’s Terminal 3 arrivals area.

Marcolin and Heinemann Launch Travel Retail-Exclusive GUESS Eyewear Sunglasses

A new crystal blush colourway of a best-selling GUESS Eyewear summer style is now available exclusively at Gebr. Heinemann airport stores, complete with a collectable branded cloth.

Chloé Atelier des Fleurs Mediterranean Essences Expands Travel Retail Campaign with Bouquiniste Pop-Ups

Coty Travel Retail is rolling out immersive bouquiniste-inspired pop-ups for the Chloé fragrance collection across Europe, Asia Pacific and the Americas, building on the March launch.

Chinese luxury brands crack premiumisation code as Songmont leads growth surge

A wave of Chinese fashion labels is successfully moving upmarket, with handbag brand Songmont posting 340% Tmall GMV growth in May while raising prices and maintaining customer loyalty.

Armani enlists BCG for growth strategy ahead of potential stake sale

Giorgio Armani SpA has hired Boston Consulting Group to identify growth opportunities in key luxury segments, as the Italian fashion house prepares for a stake-sale process expected later this year.

Emotional Connection Tops Logo and Heritage for Luxury Shoppers, Report Finds

A new report reveals that aspirational and established luxury clients, spending $5,000 to $50,000 annually, have been underserved despite representing up to $90 billion in potential growth. Emotional connection now outweighs logo recognition and craftsmanship.