【France】The Luxury Crisis: Temporary Turbulence or Deep-Seated Malaise?
Editor’s NoteThe luxury sector, long considered immune to broader economic cycles, is showing signs of strain in 2024. This article examines whether…
Luxury Market
【New York, US】Jewelry Stays Strong as Luxury Market Slows, Bain & Co. Says
Editor’s NoteThis article highlights a critical juncture for the global luxury market. Based on a recent Bain & Company report, it examines the…
【Paris, Franc】JOAILLERIE PARIS Auction Totals €16.7M
Editor’s NoteThis article highlights the remarkable success of the recent Joaillerie Paris online jewelry sale, which achieved €16.7 million—double…
【South Korea】Luxury Jewelry Brand ‘Bulgari’ Implements Price Increase… 7-10% Rise Across Lines
Editor’s NoteBulgari has implemented price increases of 7-10% on select items in South Korea, including its signature Serpenti collection. This…
【法国】Luxury Personal Goods Market Could See Unprecedented Slowdown in 2025
Editor’s NoteThe global luxury market faces a pivotal moment, with Bain & Company projecting its sharpest potential decline since 2008. This analysis…
The Diamond Industry’s Bright Promise with Lab-Grown Jewels. Until Prices Plunged
Editor’s NoteThe enduring symbol of luxury is facing a valuation crisis. While diamonds retain their cultural cachet, a confluence of market forces…
【Spain】Counterfeits Cost Spanish Luxury Sector 5.7 Billion Euros Annually
Editor’s NoteThis article examines the severe economic and social impact of counterfeiting on Europe’s luxury sector, highlighting how this illicit…
【Milan, Italy】Luxury Confronts Slowdown Amid Economic Headwinds and Market Disruptions, While Industry Resilience and Strong Fundamentals Underpin Future Prospects
Editor’s NoteThis article is based on a press release from Bain & Company and Altagamma, detailing a forecast for significant disruption in the…
【New York, US】Colored Gemstones, Signed Jewels Shine in Sotheby’s High Jewelry Sale
Editor’s NoteSotheby’s latest High Jewelry auction in New York achieved a robust $31.4 million, driven by strong demand for colored diamonds and…
【New York, US】Sotheby’s Hits $31.4M in Sale Last Week; Phillips Withdraws Top Lot
Editor’s NoteThis article has been updated to include the record-breaking results from Sotheby’s recent High Jewelry auction in New York, which…