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How Facebook plans on capturing online sales for luxury products

Business

How Facebook plans on capturing online sales for luxury products

This spring, luxury brands have accelerated their move on e-commerce platforms. In an exclusive interview, Violaine Gressier, head of the luxury department for Facebook France, explains the evolution of the American giant’s strategy to increase its market shares in the luxury sector.

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Fabio Bonavita

Opinion

At long last, the anointment of second-hand luxury

After several years of predictions of the dawn of the age of second-hand luxury, it seems that the day has finally arrived. A study published […]

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By Fabio Bonavita

Business & Trends

Watchmaking: a psychological warfare

Business

Watchmaking: a psychological warfare

The last quarter of 2020 will be the watchmaking brands’ main challenge, as they try to get back on track. Without any mid-term visibility, some signals will help foresee growth potential for 2021. In our radar: Hainan, latest Chinese duty-free mecca, and an under-estimated power of the brand community.

By Cristina D'Agostino

The art of sneakers
BusinessFeature

The art of sneakers

In Bordeaux, France, an exhibition celebrates sneakers as new art masterpieces. Prices are soaring, but the record-breaking season has only just begun.

By Aymeric Mantoux

Luxury needs to adapt to real-time demand
Strategy

Luxury needs to adapt to real-time demand

Instead of selling-off their inventory, luxury boutiques have to adopt an agile and analytical strategy in order to dispose of their stock and increase their margins. That’s the conclusion of the last study “A Three-Season Strategy for Fashion and Luxury Retailers” of the Boston Consulting Group.

By Fabio Bonavita

Complications in the Tiffany takeover by LVMH
Business

Complications in the Tiffany takeover by LVMH

As Tiffany’s 14.7 billion-dollar takeover, which closed last November, relied on LVMH’s pre-Covid cash and debt figures, today the situation has drastically worsened. Will the deal of the century still be possible?

By Cristina D'Agostino

The Mad Dash for the Hamptons
BusinessFeature

The Mad Dash for the Hamptons

The Hamptons is synonymous with over-the-top real estate, but 2020 will be one for the record books. Demand has never been higher, or more competitive, […]

By Kristen Shirley

Style & Experiences

In Los Angeles, the golden age of private clubs is back.

Style & Experiences

In Los Angeles, the golden age of private clubs is back.

With all the award ceremonies and red carpet premieres being pulled from the calendar for the foreseeable future, in Hollywood and New York the glitterati have turned to getting together at a new generation of private clubs – something of a revival marking the start of a booming trend.

By Isabelle Campone

“Made in Italy” luxury defends its artisans
FashionFeature

“Made in Italy” luxury defends its artisans

The “Made in Italy” label is going through a fragile period. With its often unknown and endangered regional craftsmanship, it is today experiencing difficulty. Yet the hand-made and “Made in Italy” stamps have been revaluated following the confinement period.

By Bettina Bush Mignanego

How Paris Saint-Germain became one of the most desirable brands in the world
BusinessFeature

How Paris Saint-Germain became one of the most desirable brands in the world

The famous Parisian football club has reached the finals of the Champions League, the most coveted trophy of its kind. But this sporting achievement, while historic, pales in comparison to the work done on the value of the brand over the last ten years.

By Aymeric Mantoux

The megayachts return to sea
Style & ExperiencesFeature

The megayachts return to sea

It’s no coincidence that the first real megayacht in history was built in Viareggio, Italy in the 1970s. Commissioned by Saudi business magnate Adnan Khashoggi, […]

By Bettina Bush Mignanego

« We have evolved towards a new accuracy”
Watches & JewellerySponsored

« We have evolved towards a new accuracy”

Pierre Rainero, image director at Cartier, reveals why the latest high jewellery collection is a new path written in the rich creative legacy of the Maison

By Cristina D'Agostino

Sustainability

“So very few luxury brands in Switzerland joined the front lines. It’s shocking.”

Sustainability

“So very few luxury brands in Switzerland joined the front lines. It’s shocking.”

Know how and make it known. For Jean-Christophe Babin, CEO of Bulgari for seven years, times of crisis are no time to abandon this motto. […]

By Cristina D'Agostino

The Price of Sustainability
FashionFeature

The Price of Sustainability

Late February, 2020: Fashion Week is in full swing as the emerging COVID19 crisis begins to take hold, and Milan becomes the first city in […]

By Bettina Bush Mignanego

« We are transitioning towards a new concept of luxury » Matteo Lunelli, Altagamma President
SustainabilityFeature

« We are transitioning towards a new concept of luxury » Matteo Lunelli, Altagamma President

The global crisis triggered by the Covid-19 pandemic has hit the world of luxury hard. Drastic decisions had to be made to save the sector, […]

By Bettina Bush Mignanego

Last posts

The rebound of the yachting industry
BusinessFeature

The rebound of the yachting industry

Isolating with one’s family on a yacht has never been more appealing, and is one reason why the yachting industry is recovering quickly from the impact of Covid-19.

By Kristen Shirley

Can a hotel without a concept survive the crisis?
StrategyFeature

Can a hotel without a concept survive the crisis?

The Covid crisis has meant a decline in the number of international tourists by 20% to 30%, and could affect more than 50 million jobs worldwide. It seems clear that in this market, only the hotels with an innovative, competitive edge will survive. But how do you tell if a hotel’s concept is just marketing window dressing or a real business advantage?

By Cristina D'Agostino

«Blockchain will allow brands to take their digital fate back into their own hands»
Innovation & Know-How

«Blockchain will allow brands to take their digital fate back into their own hands»

What impact has the Covid-19 crisis had on the blockchain industry? Just like everyone else, our work capacity and our calendar have been impacted. Some […]

By Fabio Bonavita

Salone del Mobile 2021: designing the new normal.
Art & DesignFeature

Salone del Mobile 2021: designing the new normal.

Now, all that’s left to do is wait for the 60th edition of the Salone del Mobile, scheduled for April 13-18, 2021. It will be […]

By Bettina Bush Mignanego

Opinion

Luxury as an active shelter

For the luxury goods industry, the economic shock was twofold. On the one hand, supply has been restricted by containment measures in Italy and France. […]

By Arthur Jurus

Luxury enters a consolidation cycle
BusinessFeature

Luxury enters a consolidation cycle

When asked whether the coronavirus crisis will induce a consolidation period in the luxury business, Arthur Jurus, Chief Economist at the Landolt&Co bank doesn’t flinch: […]

By Fabio Bonavita

Opinion

Is luxury «made for China»?

There is nothing particularly surprising about the second quarter figures recently published by the major luxury groups. They are bad. Kering reported a 57.7% drop […]

By Cristina D'Agostino

Who will take over Brooks Brothers, the mythical brand of USA presidents?
BusinessFeature

Who will take over Brooks Brothers, the mythical brand of USA presidents?

Its two century-old history and the ultimate prestige of having dressed 40 presidents of the United States will not have been enough to save what […]

By Bettina Bush Mignanego

« Even in times of crisis, excellence doesn’t sell out. »
BusinessFeature

« Even in times of crisis, excellence doesn’t sell out. »

As the renovation of the Cinq Mondes Spa was completed, the Beau-Rivage wing, now under construction, has been shut down. The next ten months will […]

By Cristina D'Agostino

Swiss sailor elected Commodore of the Royal Yacht Club of Hong Kong
Style & ExperiencesFeature

Swiss sailor elected Commodore of the Royal Yacht Club of Hong Kong

The Royal Hong Kong Yacht Club is one of the largest yacht clubs in the world. It boasts 11,000 members, a storied history marked by […]

By Cristina D'Agostino

Discount to destock, a dangerous game for luxury
StrategyFeature

Discount to destock, a dangerous game for luxury

Businesses adapt. When demand crashes because of a global pandemic, they lower their prices in order to boost consumption. This is a valid reflex when […]

By Fabio Bonavita

Brexit: new opportunities for the luxury industry
Business

Brexit: new opportunities for the luxury industry

Despite the dire predictions of the doomsayers, the luxury industry could ultimately benefit from Brexit once the coronavirus pandemic is over – especially if the European Union and the United Kingdom come up with a joint plan for the future.

By Fabio Bonavita

The Future of Business Aviation
BusinessFeature

The Future of Business Aviation

Earlier this year, commercial air travel ground to a halt at the emergence of COVID-19, as passengers canceled trips in waves and countries closed borders. […]

By Kristen Shirley

In luxury tourism, stars are falling and lodges are on the rise
Travel & Wellness

In luxury tourism, stars are falling and lodges are on the rise

For Quentin Desurmont, the time of the star wars is over. “Stars are no longer the priority, what matters now is the style of decor […]

By Fabio Bonavita

The flip side of diversification
Strategy

The flip side of diversification

Luxury brands have traditionally been open to diversifying production to broaden their customer base, but in recent weeks some notable moves in that direction have […]

By Fabio Bonavita

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