Eva Morletto

On 6 September, the must-see fashion event kicked off in New York. Spring/Summer Fashion Week 2025 promises to be a year marked by political events but also by iconic comebacks at some highly-anticipated shows.

Until 7 September, the 81st edition of the Italian film festival is in full swing. The undisputed rival of Cannes, the Mostra, with a growing number of Oscar nominations and prestigious partners such as Cartier and Armani Beauty, has established itself as a not-to-be-missed event for cinema and luxury.

Earlier this week, the American beauty giant Estée Lauder published lower results for the 2023/2024 financial year. The cause was the stagnation of the Chinese market.

A few days ago, ADQ, Abu Dhabi’s sovereign wealth fund, investment company and holding company, signed an agreement with the auction house to acquire a minority stake. The deal is valued at around $1 billion.

The Dior fashion house – owned by LVMH – is said to have been late with the declarations required by English law concerning the working conditions of its subcontractors and supply chain.

We are now a far cry from the study commissioned in 2019 by Walpole – the UK’s official luxury goods trade body – and carried […]

Italian fashion house Versace has partnered with RGZ Developers to design eight villas in the Nueva Andalucía district of Marbella, Spain. This initiative follows those launched by Lagerfeld, Dolce & Gabbana and Fendi.
e

While China is targeting a 5% growth rate for the year, this is a far cry from the pace of growth that has enabled the country to become a major world economic power. Youth unemployment stands at 17%.

Despite the impact of geopolitical instability on global economies, Africa’s wealthy individuals have demonstrated remarkable resilience. For those with assets exceeding one million dollars, wealth is projected to grow by 65% over the next decade.

The luxury house, like several major European companies, apparently made this decision to avoid the volatility of the public credit markets and to anticipate difficult conditions in the luxury goods market.

In just one year, the famous brand behind the timeless Nova Check pattern has lost 70% of its value. It is now excluded from the FTSE100, the London Stock Exchange’s flagship index.

According to the Financial Times, the second-largest diamond in the world (2492 carats), discovered by the Canadian mining company Lucara (Korowe mine in Botswana), could be worth more than 40 million dollars.

By 2050, within two generations, Africa will have 900 million new urban dwellers, about double the population of the European Union. This market is enormous. Its proper development is crucial for the social and economic balance of the planet.

A week after the warning issued by its rival Mariott, which shook the hotel world with fears of a consequent slowdown, the Accor group posted more than encouraging half-year results.

The French luxury giant, which published disappointing results on Tuesday evening, continues to suffer from an unstable geopolitical climate and a drop in Chinese consumption of certain luxury products.