luxury
Stories tagged luxury.
Luxury's Identity Crisis: AI Belongs Behind the Scenes, Human Touch on Centre Stage
A luxury executive with 38 years of experience managing operations across 15 countries argues the sector is confusing modernization with mechanization, and that screens, kiosks and algorithms cannot deliver ultra-luxury.
Mondrian Cancun Opens as Brand’s First All-Inclusive Resort
Mondrian Cancun has officially opened between the Caribbean Sea and Nichupté Lagoon, marking the lifestyle brand’s debut in the all-inclusive segment with 400 rooms, multiple pools, and a design-led guest experience.
Hermès Posts Steady First-Half Sales Amid China Stabilisation
Hermès reported first-half revenue of €8.2 billion, with growth of 6.1% at constant exchange rates, while noting that China is not showing signs of recovery yet.
Seven Brands Premiere New AW26 Ad Campaigns
Burberry, Giorgio Armani, Sandro, Salvini, DKNY, Furla and Gianni Chiarini Firenze have unveiled their latest autumn/winter 2026 campaigns, with British heritage, minimalist codes and cinematic styling in focus.
Dolce & Gabbana Weighs Property Sales to Boost Liquidity
Dolce & Gabbana is seeking to raise cash through extraordinary corporate transactions, including potential property sales, after banks granted a debt waiver as luxury demand remains weak.
China’s luxury rebound brings a changed shopper
China’s luxury market is recovering from a spending slump, but the returning consumer has new priorities that brands must adapt to.
Tiffany vs. Alffany: The Unlikely Trademark Clash in China
Tiffany & Co. and Chinese brand Alffany are locked in a trademark fight stretching back years, with the latest case reaching the Beijing High People's Court on July 9.
Clean and Benefit-Infused Water Brands Rise as Standard Sales Slip
A new wave of 'better' water brands from Loonen to WaterOuai is gaining traction, even as standard bottled water sales dip. The timing aligns with a hydration boom and growing microplastic concerns.
Harvey Nichols warns of administration risk without rescue deal
Harvey Nichols has reported a sharply wider annual loss, driven largely by an impairment of intracompany loans, and warned it faces collapse if a rescue deal is not secured.
Chanel First-Half Sales Jump 16% on Blazy Collections
Chanel Ltd. posted a roughly 16% rise in comparable first-half revenue, outpacing rivals, as demand for Matthieu Blazy's debut collections drove growth across regions.
Max Mara reopens Munich boutique with new retail concept
Source signal: Max Mara launches new retail concept in Munich
Luxury Resumes Growth But Lags Boom-Era Peaks
Source signal: Luxury resumes growth, but the boom years remain elusive
Mid-Market Fashion Brands Accelerate African Expansion
The trend of international fashion brands entering Africa is picking up speed, led by mid-market players, while luxury labels face stiff competition from European rivals.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
Longevity Drives Beauty's Next Growth Wave, Report Finds
A new report shows longevity has entered mainstream beauty, with consumers prioritizing scientific proof and personalized protocols over traditional luxury spa experiences.
LVMH’s New Super Yacht Is Courting Tech Billionaires
LVMH and Accor have launched a super yacht under the Orient Express brand, targeting tech billionaires with a luxury experience along the French and Italian Riviera.
Louis Vuitton's Waterfall Show in Heatwave-Hit Paris Faces Backlash
Images from Louis Vuitton's elaborate waterfall installation during Paris Fashion Week have reignited criticism over luxury brands' use of public landmarks for commercial gain.
Fashion Leaders Discuss Global Talent Strategy at Paris Panel
People and recruitment leaders from major fashion and luxury houses gathered at Soho House Paris to explore why hiring global talent has become a commercial imperative.
Luxury market shows early recovery signs in Q2, Bain says
The global personal luxury goods market is showing early signs of recovery in the second quarter, driven by stronger-than-expected demand in the United States, according to consultancy Bain & Company.
Chinese Fund HSG Acquires Majority Stake in Golden Goose
Chinese investment firm HSG has completed its acquisition of a majority stake in Golden Goose, with the transaction receiving all necessary regulatory approvals. The deal, first announced in December 2025, also includes Temasek and True Light Capital as minority shareholders.
Books Emerge as Fashion's Newest Status Symbol
Fashion brands increasingly use books as accessories and marketing tools, elevating literature to a luxury status symbol even as reading rates decline.
Luxury Brands Double Down on Summer Destinations to Lure Wealthy Clients
Mytheresa, Gucci, Jacquemus and Burberry are staging seasonal activations in Monaco and Athens, extending the luxury beach club trend into its ninth year.
Swiss Watch Exports Barely Grow in May as Middle East Conflict Takes Toll
Swiss watch exports edged up 0.4% in May after two months of declines, with geopolitical tensions in the Middle East hurting duty-free sales and profitability.
McQueen to Show in London for Spring 2027
Source signal: McQueen Returns to London Fashion Week
Canali Reports 16.5% Turnover Growth in First Quarter of 2026
Italian luxury menswear brand Canali posted a 16.5% increase in turnover for the first quarter of its 2026 fiscal year.
Waldorf Astoria London – Admiralty Arch opens March 2027
Waldorf Astoria London – Admiralty Arch, the highly anticipated luxury hotel and residences set within one of the capital’s most recognisable landmarks, is opening reservations today ahead of its autumn debut.
John Lobb to build new manufacture in Northampton, England
Part of the Hermès group, John Lobb has preserved and celebrated exceptional shoemaking craftsmanship in Northampton for generations, embodying the very essence of British-made excellence.
RADII Steps Inside HEYTEA’s First Overseas Teabar, Now Open in NYC
Manhattan’s Upper East Side is now home to a different kind of HEYTEA . The Chinese tea chain, known for its minimalist interior design and high-quality beverages, has debuted its first overseas HEYTEA Teabar in New York City.
The Aads Identity Crisis
As beauty brands flood AAD, the industry is debating whether dermatology’s premier scientific meeting is becoming a new stage for skincare marketing.
Snap Launches Draws Attention With New Rollout
Source signal: Snap Launches $2,195 Specs, Declaring Glasses the Next Computer
Givenchy Gave Shanghainese Breakfast a Shot—But Did It Misfire?
A missed celebrity appearance, a missed reference. What went down at this latest pop-up?
Why is Erling Haaland the Face of a 200-Year-Old Chinese Herbal Tea?
Manchester City’s superstar striker Erling Haaland teamed up with Chinese herbal tea brand Walovi in a bizarre campaign that proves out-of-context marketing is the new meta.
Radisson Collection to open new hotel in Frankfurt
Radisson Collection Hotel, Frankfurt will be positioned in the luxury-lifestyle segment, located on floors 11–19 of the 173m T2 tower, with floor-to-ceiling skyline views and DGNB Platinum precertification under the “Vertical Cities” framework.
Charlotte Tilbury Awarded CBE
The makeup artist and founder was among a small group of beauty entrepreneurs named in the King’s 2026 Birthday Honours, alongside the founders of the UK charity Beauty Banks.
Prada opens new boutique in Vancouver at Oakridge Park
Prada has opened a new store in Vancouver at Oakridge Park Mall. The 7,000-square-foot space is the Italian label’s latest expression of modern luxury, blending the brand’s iconic heritage with a fresh retail concept that makes its Canadian debut.
Mazarine Buys Luxury PR Firm Bacchus
The acquisition bulks up the French creative group with expertise from Bacchus in engaging ultra-high-net-worth individuals. The acquisition bulks up the French creative group with expertise from Bacchus in engaging ultra-high-net-worth individuals.
Unilever Invests Euro 100 Million In Mumbai Fragrance Hub To Advance Innovation
Unilever is investing €100 million in a new Mumbai fragrance hub, leveraging AI, science, and consumer insights to accelerate fragrance innovation and growth.
Coworth Park in Ascot unveils newly renovated rooms and suites
Dorchester Collection’s country estate, Coworth Park, unveils an elegant transformation of its Stable Rooms, Stable Suites and Cottages.
Snap Launches $2,195 Specs, Declaring Glasses the Next Computer
The thick-rimmed eyeglasses, which go on sale this autumn, were unveiled at the AWE mixed-reality conference in Long Beach, California, on Tuesday. The thick-rimmed eyeglasses, which go on sale this autumn, were unveiled at the AWE mixed-reality conference in Long Beach, California, on Tuesday.
Chinese shoppers prefer domestic brands, but not when it comes to these few categories
Domestic brands in China dominate segments from electric vehicles to electronic products to various everyday goods, but more shoppers are reaching for foreign competitors in specific categories including chocolate, infant formula, diapers and instant noodles.
Dolce & Gabbana Weighs Sale of Milan Properties to Raise Cash
The Italian company is considering selling some properties, including in Milan’s city centre, and then leasing them back to free up cash. The Italian company is considering selling some properties, including in Milan’s city centre, and then leasing them back to free up cash.
Young tech elites drive rise in Shenzhen luxury home sales after purchase curbs ease
Several luxury residential projects in Shenzhen sold out quickly in May, with young elites from the semiconductor and artificial intelligence sectors replacing traditional tycoons as the most avid buyers.
Hermès opens new boutique in Nagoya, Japan
Hermès is delighted to announce the opening of its new store in The Landmark Nagoya Sakae on 11 June 2026. The store is inspired by Japanese culture and textile traditions.