Why Is Luxury Spending Strong While Art Sales Are Slumping? Insights from the Latest Report
Editor’s NoteThis article highlights a notable divergence between the robust growth of the broader luxury sector and the relative stagnation of the…
Luxury Market
【Beijing, Chi】Business Insight | Can Lab-Grown Diamonds Change the Traditional Values of the Luxury Market?
Editor’s NotePrada’s new high-end jewelry collection, featuring lab-grown diamonds, has ignited a significant online debate regarding the pricing…
【Shanghai, Ch】Tiffany to Halve Its Flagship Store in China
Editor’s NoteThis report on Tiffany & Co.’s strategic downsizing in Shanghai highlights the shifting dynamics within China’s luxury market. It serves…
【Switzerland】Swiss Luxury Leather Goods Brand Bally Acquired by U.S. Private Equity Firm
Editor’s NoteThis article reports on the acquisition of Swiss luxury brand Bally by U.S. private equity firm Regent. The deal, announced on August…
【Saint-Tropez】When Louis Vuitton Presents the 56-Carat Pink Diamond ‘Heart of Paris’
Editor’s NoteThis article highlights the intensifying competition in the luxury jewelry sector, with LVMH brands unveiling significant new…
【India】The Indian Market Assaults Luxury
Editor’s NoteThe Indian luxury market is poised for significant expansion, with projections suggesting it could reach up to €38 billion. Driven by a…
【Hong Kong】Good as Gold: How Did Jewellery Perform at Hong Kong’s Spring Auctions?
Editor’s NoteRecent spring auctions in Hong Kong have demonstrated the enduring strength of the high-end jewellery market, with record-setting sales…
【Geneva, Swit】Richemont Strengthens Jewelry Portfolio with Acquisition of Vhernier
Editor’s NoteSwiss luxury group Richemont has announced the full acquisition of Italian high jewelry house Vhernier, expanding its portfolio in the…
【瑞士】Jewelry: Who Will Buy the Messika Success Story?
Editor’s NoteThis article explores the paradox facing the high-growth jewelry brand Messika. While its success makes it a prime acquisition target,…
【法国】Luxury Market Could Reach €2.5 Trillion by 2030
Editor’s NoteThe luxury sector’s robust performance in 2023, reaching an estimated €1.5 trillion globally, underscores a market increasingly defined…