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...Hard luxury is becoming more important for the group and the family....
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...It has invested SFr180mn ($200mn) in the project and expects the campus workforce to go past 1,000 in the near future....
...Although it sold 1.24mn watches last year, according to Morgan Stanley, one cannot simply walk into a store and buy one: a waiting list maintains the sheen of exclusivity....
...Among recent publications is Patek Philippe: The Impossible Collection, an ultra-luxurious 212-page volume priced at $1,200, and Bulgari: Beyond Time, the first book the Italian house has dedicated to its...
...The luxury lifestyle publication, which organised the fixture, said the 50 per cent refunds would cost up to HK$56mn ($7mn). It estimated it would lose as much as HK$43mn on the event....
...The hotel group’s luxury and lifestyle division accounted for 43 per cent of revenues last year, up from 39 per cent the year before....
...Yesterday, Bulgari introduced the Octo Finissimo Ultra COSC which at 1.7mm becomes the world’s thinnest mechanical watch of any kind, breaking the record set in 2022 by Richard Mille’s 1.75mm RM UP-01 Ferrari...
...Lorca Model No 1 GMT (c 2023) Shteyngart has made friends through his collecting....
...“Finally, it comes down to the craftsmanship and perceived value of luxury goods....
...Luxury gym chain Equinox has raised $1.8bn from a group of private capital investors to refinance $1.2bn in debt maturing on Friday, winning it financial breathing room after the pandemic pummelled its business...
...Frette has been a pioneer of luxury linens and decorative homeware since 1860. “They are the best at what they do,” says Browne....
...“The collaboration has stretched us to think creatively about different product categories and diversifying into a more lifestyle concept,” she says....
...brand has done this through relatable marketing imagery, simplistic designs that can be stacked, and a range of prices – its popular hoops, of which it sells two every minute, range in price from £38 to £1,200...
...Fashion, lifestyle and jewellery segments recorded their strongest growth rates last year, during which the Chinese luxury market grew by more than a tenth, according to Bain....
...“Very wealthy people expect very VIP treatment,” says Pierre Jéronimo with a wry laugh. “But the problem now is that there are a lot of VIPs.”...
...It is not just Matchesfashion and Farfetch: Swiss luxury group Richemont is also trying to offload its lossmaking ecommerce business Yoox-Net-a-Porter after €1.8bn in writedowns....
...“This is a dream . . . but this would be the extreme of luxury,” Vigna told the Financial Times....
...Revenue for the company’s financial year is now expected to be between £1.53bn and £1.55bn, down from previous guidance of £1.65bn to £1.7bn....
...Mantis, a small hotel-lodge collection operating across southern Africa, has just launched a compelling third option: the Kivu Queen uBuranga, the first luxury houseboat on Lake Kivu....
...Though leather has long been synonymous with luxury, its production is also linked to a number of environmental hazards, from polluted waterways and deforestation to the release of greenhouse gas emissions...
...That puts it in the same price bracket as established luxury watch brands such as Omega, Tag Heuer, and Rolex....
...Similarly, the most recent Bucherer 1888 Time Dome, on the Las Vegas Strip, at more than 1,700 sq m, is one of the largest watch and jewellery stores in the US....
..., from £1,450 for seven nights based on two sharing …and a wellness walk-through Tending to the spirit is important too....
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