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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.

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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

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

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

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 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

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

«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

« 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

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

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

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

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

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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