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Saudi Arabia: from petrodollars to luxury tourism

Travel & Wellness

Saudi Arabia: from petrodollars to luxury tourism

Aware of its tainted image on the international scene, the Wahhabi realm has decided to make luxury tourism into one of its future key sectors. […]

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Cyrille Vigneron

Opinion

Luxury and guilt

Is the «deconsumption» movement a threat for Luxury in general, and for our Maison in particular? At first glance, this threat looks like a clear […]

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By Cyrille Vigneron

Business & Trends

Alibaba’s cave of treasure

Business

Alibaba’s cave of treasure

The Richemont Group is teaming up with Chinese online sales giant Alibaba for a major investment in Farfetch, to open up new luxury channels in China. This deal reflects the acceleration of the digitalization of sales, but it could definitively shift the strategic center of gravity of luxury goods from Europe to China.

By Béatrice Peyrani

« Most Swiss export products can be associated with luxury »
Business

« Most Swiss export products can be associated with luxury »

Nicolas Bideau, director of Presence Switzerland and the country’s ambassador abroad, believes that luxury has no choice but to bet on sustainability. He talks about the values that make Made in Switzerland a quality label on an international scale. Even in times of crisis.

By Fabio Bonavita

The profound metamorphosis of Swiss watchmaking
BusinessFeature

The profound metamorphosis of Swiss watchmaking

Like most industries, Swiss watchmaking took some heavy hits from the pandemic, but the sector was already in the midst of a profound transformation. And according to Deloitte’s 2020 Industry Study, it looks set to come through it stronger.

By Cristina D’Agostino

MonteNapoleone District: Milanese luxury between crisis and rebirth
BusinessFeature

MonteNapoleone District: Milanese luxury between crisis and rebirth

How is the Italian fashion Quadrilatero facing the drastic decrease of luxury tourism? Guglielmo Miani, president of the MonteNapoleone district shares his solutions in an exclusive interview.

By Gaia Passi

«Our people to people concept has revolutionized our way of working»
Business

«Our people to people concept has revolutionized our way of working»

In an exclusive interview, François-Henry Bennahmias, CEO of Audemars Piguet, explains how the pandemic has pushed him to radically change his relationship to clients, as well as towards his colleagues.

By Cristina D’Agostino

Style & Experiences

«The Monaco will make history in New York»

Watches & Jewellery

«The Monaco will make history in New York»

Frédéric Arnault, young leader of the TAG Heuer brand, reveals why the sale of the last Monaco which belonged to the legendary actor Steve McQueen, is an important element of the brand’s valuation strategy. The watch will be auctioned on December 12th in New York by Phillips, in partnership with Bacs & Russo.

By Cristina D’Agostino

In Japan and abroad, beauty standards are finding new patrimonial value.
Style & Experiences

In Japan and abroad, beauty standards are finding new patrimonial value.

In Japan, just like in other countries, beauty standards are evolving. Aesthetic norms follow the way generations reclaim their identity and cultural heritage. And cosmetic brands just like Shiseido are building on this trend.

By Cristina D’Agostino

The temple of allure and freedom
Fashion

The temple of allure and freedom

The Galliera Museum will be exhibiting the first major retrospective about Gabrielle Chanel until March 14th, 2021, in Paris. All controversy about the woman’s complex personality aside, the Fashion Museum offers a masterful presentation of the legendary designer’s work.

By Béatrice Peyrani

The « workation » that breathes new life into the hotel business
Travel & Wellness

The « workation » that breathes new life into the hotel business

What if you could take your work to a fabulous destination, and go from teleworking to relaxing in a luxurious location from one minute to the next? That’s a “workation”. This new concept is appealing to hotels around the world as a way to diversify their offerings to target digital nomads with high purchasing power.

By Fabio Bonavita

“Immunology prevention has become critical today”
Travel & WellnessSponsored

“Immunology prevention has become critical today”

Just like many Swiss clinics impacted by the loss of its foreign clientele, Clinique La Prairie (founded in 1931 by Professor Niehans) now wants to raise awareness in Switzerland. Exclusive interview with its CEO Simone Gibertoni.

By Cristina D’Agostino

Sustainability

Portugal, the green Eldorado of fashion

Sustainability

Portugal, the green Eldorado of fashion

Supply chains in the fashion industry are, to say the least, complex business. Facing the massive trend of sustainable fashion among the younger generation, fashion is reshaping itself.

By Morgane Nyfeler

“To rethink the world also means rethinking luxury”
Sustainability

“To rethink the world also means rethinking luxury”

Nine Swiss Universities were invited to participate to one of the first major events dedicated to environmental responsibility. During the inaugural event themed “Is deconsumption compatible with luxury?”, Cyrille Vigneron, President and CEO of Cartier International, engaged with more than 300 students via zoom.

By Fabio Bonavita

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

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

“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

« 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

Fabio Bonavita
Opinion

Antigen tests to revive luxury tourism

By Fabio Bonavita

Will the red carpet economy recover from Covid?
Style & ExperiencesFeature

Will the red carpet economy recover from Covid?

When all the glitzy events were put on hold, red carpet product placement came to a sudden stop. Now, a social revolution in the name of a new activism waits in the wings for the glamor season to resume.

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

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

Dive into the hidden treasures of the IOC
Style & Experiences

Dive into the hidden treasures of the IOC

The Olympic Museum has been open to all for a long time. Yet its hidden underground is filled with unsuspected treasures. Discover the exclusive story.

By Cristina D’Agostino

Twitch: the new live platform for luxury
Strategy

Twitch: the new live platform for luxury

In September, when Burberry chose Twitch to showcase its new collection, luxury brands sat up and took notice, not only of the collection but more importantly, of this live streaming platform. And it’s about time, considering it already has more than 140 million monthly users, particularly in the highly sought-after Generation Z demographic.

By Fabio Bonavita

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

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

Watchmaking: a psychological warfare
BusinessFeature

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

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

How Covid-19 Is Impacting Fine Jewelry
BusinessFeature

How Covid-19 Is Impacting Fine Jewelry

When Covid-19 hit earlier this year, most luxury spending plummeted and the jewelry industry was heavily impacted. There are some reports of increased sales at ultra-high-end retail, while other sectors have been decimated. Here, we explore the unlikely impacts of Covid-19 on the jewelry industry, and it’s not all bad.

By Kristen Shirley

Milan Fashion Week: digital, a medium for strong ideas
FashionFeature

Milan Fashion Week: digital, a medium for strong ideas

Oscillating within virtual reality, the Milanese fashion week offered collections for both men and women for the very first time, totaling twenty-three offline shows and forty-one online. Fashion is reacting with strength and ideas. But the same question remains: during Covid times, could digital be the solution to the industry’s crisis?

By Bettina Bush Mignanego

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.

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

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