In a market saturated by competition, Valmont, the Swiss high-end cosmetics brand owned by the Guillon family for thirty-seven years, is a free electron.

The overall global luxury market is expected to reach 1.5 trillion euros by the end of 2023, accelerated by the Personal Luxury Goods segment that could reach 362 billion euros, according to the 22nd luxury market report by Bain & Co. and Altagamma.

The 63rd Genoa Boat Show has ended. The Italian yacht show aims to become the world’s leading boat show, in an industry that is experiencing steady growth.

The privileged youth of China now perceive luxury in a more nuanced manner. The ultra-wealthy under the age of 40 approach wealth management, investment, and heritage preservation differently from their predecessors.

In the latest film “Oppenheimer,” Robert Downey Jr. dons a pair of Moscot glasses for his titular role. These vintage accessories tell the story of the Moscot family—a tale of immigration, hard work, and business acumen. Harvey and Zack Moscot, the current custodians of the brand, are nostalgic heirs to the American dream.

J.M Weston, the French luxury shoemaker founded in 1891 by Eugène Blanchard, is now owned by the Descours family’s EPI holding company. Its president, Marc Durie, shares his vision and future developments for this artisanal nugget.

The affluent Chinese youth, characterized by their dual traditional and globalized identities, are increasingly seeking luxury products that resonate with their cultural heritage without compromising quality or authenticity. They now aspire to find key elements of their culture in the products they consume.

Promoting new technologies in eco-friendly silk production and investing in traditional workshops are the strategies currently enabling Europe to regain a prominent position in the global silk market.

Since last July, concerns regarding the Chinese economy have solidified, directly impacting the stock values of luxury goods in Europe.

According to the 9th edition of Altagamma Consumer and Retail Insight, the wealthiest customers in the luxury market will increase their spending by 2024. Out of 370 million high-end consumers, 20 million will be very active. China will lead this trend with strong local demand, followed by the United States, while Europe will be notably more cautious.

In our ever-evolving world, the concept of social design is steadily gaining traction. It now serves as the common thread uniting a fresh generation of designers and underpins numerous conceptual ideologies. Luxury draws inspiration from it.

The evolution of home fragrance diffusers towards creating unique domestic experiences is on the rise. “Scent scaping” born during the pandemic, is a novel way to adorn one’s home and travel on a budget.

The gold and jewellery trade is booming between India and the United Arab Emirates. Indeed, in 2022, the two nations signed a Comprehensive Economic Partnership Agreement (CEPA), drastically reducing taxes and customs duties.

Amidst the surging lab-grown diamond (LGD) market, India emerges as a global powerhouse, producing a significant portion of the world’s man-made diamonds.

On August 10, Tapestry announced that it had acquired Capri Holdings for $8.5 billion, positioning itself as a new luxury goods titan in the face of LVMH and Kering. The merger strengthens the holding’s presence in the European market. On a broader level, the buying fever that is sweeping through all luxury groups is synonymous with the need to diversify in the face of one crisis after another.