Eva Morletto

A new luxury brand is poised to enter the world of high-end hospitality: the Constellation Group, which already owns several iconic hotels, is organizing itself to form its own global collection of luxury properties. To lead this transformation, the group has recruited Neil Jacobs, former CEO of Six Senses.

Japanese artist Yayoi Kusama has died at the age of 97. Her death was just announced by her company, nearly two weeks after she passed away on August 14 at a hospital in Tokyo.

The Coty Group has just announced its results for the 4th quarter of 2026. The U.S.-based beauty group, which owns the Burberry, Hugo Boss, and Chloé licenses, among others, reported quarterly revenue of $1.27 billion, up 1.3% from the same period in 2025. The performance significantly exceeded Wall Street expectations, which had forecast a 4.6% decline.

The sale of the first 15 per cent of the share capital, as stipulated by Giorgio Armani in his will, may not take place before 2027, or may even be delayed beyond March 2027, according to estimates by the Italian daily *Corriere della Sera*. Behind this delay lies a very specific strategy: not to sell an exceptional asset at a time when the slowdown in the luxury sector is weighing on its performance and valuation.

The results for the second quarter of 2026 published by Hugo Boss show a sharper slowdown than expected. Beyond the current economic climate, these results highlight deeper challenges linked to changes in the premium fashion market and the ability of brands to maintain their desirability in an increasingly competitive environment.

As it prepares for a new season marked by change, Kering is reshaping the leadership of Pomellato, DoDo and its Italian operations. The appointments come as jewelry emerges as one of the group’s strongest growth drivers, at a time when Kering is seeking to reduce its reliance on Gucci.

The announcement sent shockwaves through Italy’s business and entrepreneurial community. Leonardo Maria Del Vecchio will step down from all of his operational roles within the group on August 31.

Estée Lauder’s turnaround is beginning to show tangible results. After several challenging years, the American beauty group has regained momentum. The company has just reported its 2026 full year results, posting revenue of $15.05 billion, up 5% on a reported basis and 3% organically.

To fund its future, Aston Martin is now turning to the most iconic asset in its portfolio: its name. The refinancing deal has angered its creditors and highlights the prestigious brand’s ongoing financial difficulties.

The first-half results illustrate a change of pace for Ferretti Group. The Italian shipbuilder posted net turnover of €585.6 million, down 5.6 per cent year-on-year. Nevertheless, profitability remains solid and the group has distributed nearly €37 million in dividends to its shareholders.

This is a critical moment for Breitling AG (which became House of Brands in April 2026): the Swiss watch brand’s largest shareholder, the Partners Group fund, must address a major refinancing challenge over the next two years.

Switzerland and China have just taken a decisive step toward modernizing their free trade agreement, which has been in effect since 2014. After five rounds of negotiations, Bern and Beijing announced that they had concluded their discussions.

The Accor Group has just announced the finalization of agreements with developer Javi Group for the opening of the Fairmont Rishikesh Himalayas in India. The property is scheduled to open in five years, in 2031.

The American singer has bought out Moët Hennessy’s stake in the whisky brand she founded in 2024, bringing to an end an unusual collaboration between one of the world’s biggest stars and LVMH’s wines and spirits division. The financial terms of the deal have not been disclosed.

Long centred on Delhi, Mumbai and Bangalore, the Indian luxury market is now expanding into Hyderabad. The capital of Telangana, with a population of over 9 million, is now attracting major international brands and is emerging as one of the most promising markets.