Eva Morletto

The Cannes Yachting Festival, one of the highlights of the nautical calendar, is preparing to welcome visitors from September 9 to 14, 2025. Every year, this event attracts many enthusiasts and professionals from the sector, and the next edition will be no exception.

Overtourism is emerging as the major threat of the summer season, particularly in so-called trendy destinations.

On Tuesday, July 29, the Kering group unveiled worrying results for the first half of 2025, with a 15% drop in sales and a 46% plunge in net profit. Luca de Meo, who will take over as CEO in September, will have to turn the company around in an increasingly complex environment.

As announced by Flexjet in a press release, under the leadership of the private equity firm, the private aviation company—one of the largest in the […]

The Safilo Group and Victoria Beckham, creative director of her eponymous brand, have just announced a global licensing agreement for the design, production, and distribution of Victoria Beckham eyewear.

After several decades of decline, Fabergé has been bought for $50 million by Sergei Mosunov through his SMG Capital fund. The deal, which values the company at its net asset value, highlights the difficulties of monetizing heritage brands in a rapidly changing luxury market.

On Thursday, French hotel giant Accor announced higher but mixed results for the first half of 2025, driven by its luxury and lifestyle division, which grew by 5.6%. These results are fairly encouraging for the luxury hotel sector.

On Monday evening, EssilorLuxottica published its results for the first half of the year, showing an increase in revenue to €14.02 billion (+7.3%) and net income of €1.39 billion. Despite an uncertain environment, the group is maintaining its growth targets and continuing to invest, particularly in medtech and emerging markets.

Al Cook has described this rapidly expanding parallel market as a “scam,” a strong term that only serves to underscore the CEO’s concerns about this […]

The iconic Maranello-based company is taking on a new challenge at sea with Hypersail: a 30-meter racing yacht powered by renewable energy and inspired by the Hypercar. This first project by Italian manufacturer Ferrari in the world of sailing will be unveiled in 2026.

According to a recent survey conducted by the Bloomberg news agency, Burberry appears to be the top British takeover target in a survey of mergers and acquisitions in Europe.

Hermès’ financial results, published on Wednesday, July 30, confirm the group’s solidity in a struggling luxury sector. In the first half of the year, the French company posted sustained growth, driven by customer loyalty, balanced geographical performance, and a strategy based on rarity and craftsmanship.

On Thursday, July 24, LVMH announced its results for the first half of 2025, recording a 4% drop in revenue. Despite this decline, certain indicators point to a gradual stabilization, particularly in Europe and the United States, two key markets for the group.

Despite headwinds in the luxury sector, Swiss group Richemont posted solid results for the first quarter of its 2025/26 fiscal year, driven by jewelry and mixed regional momentum.

On Tuesday, the Pinault family’s holding company, Artemis, announced that it had raised €400 million from several investors with the aim of boosting Kering’s share price. Demand exceeded the size of the transaction, demonstrating investor confidence.