Mariah Carey Checks Into Gucci for a Holiday Campaign Built Around One Over-the-Top Hotel Arrival
Mariah Carey has long been treated as the unofficial start of the Christmas season, and Gucci has now put her at the centre of its holiday push. The campaign, called Gucci Gift, was directed by Harmony Korine and landed just after her annual “It’s Time” video signalled the start of her festive season. The film […]
Pristine Ferrari F50 Fetches $18.7 Million as Las Vegas Auction Breaks Its Own Record Books
A Ferrari F50 with just 106 miles on the clock sold for $18,705,000, including buyer’s premium, at Broad Arrow’s Las Vegas sale on October 31. That is the highest price ever paid for the model at public auction. It beat the previous record by roughly $4.1 million. The sale totalled $92.8 million, the largest collector-car […]
Concours at Wynn Las Vegas Fills the Fairway With $1.3 Billion of Automotive Rarities and a Slate of World Premieres
Las Vegas has spent five years trying to prove it can host a serious concours, and this year’s edition made the case. The fifth Concours at Wynn Las Vegas ran from October 31 to November 1 on the grounds of the Wynn Golf Club. It sold out and drew more than 7,500 visitors. The 385 […]
The Evolution of Digital Entertainment: How Online Gaming Is Changing Leisure
Digital technology has transformed the way people spend their free time. From streaming films and listening to music on demand to exploring interactive games, entertainment is increasingly accessible through smartphones, tablets and computers. Activities that once required a visit to a particular venue or a physical copy of a product can now be enjoyed through […]
1win Share Bet Bonus: Why Bet With a Partner’s Coupon Code
1win has updated its Share Bet feature. Now a bet that a partner shares with their audience can come with an extra bonus. And it’s not only the partner who benefits, but everyone who bets using their code. Here’s how it works and what it changes for 1win users. Share Bet in a nutshell For […]
Kering Shares Plunge 12% on Stoxx 600 As Gucci Slump Deepens in Q3
Shares in Kering dropped as much as 12% in early trading on Friday after the Gucci owner reported third-quarter results that showed its flagship brand still going backwards. The fall left the stock at the bottom of the pan-European Stoxx 600 and took its losses over twelve months to 43%. Group revenue for the three […]
Europe’s Six Biggest Luxury Groups Have Lost €251 Billion In Value This Year
The combined market capitalisation of LVMH, Hermès, Kering, Richemont, Prada and Moncler has dropped by €251 billion since the start of the year, according to Financial Times calculations. LVMH has taken the largest hit at €131.6 billion, followed by Hermès at €93.3 billion. The Hermès figure stands out because the Paris house has long been […]
Porsche Is Building 15 One-Off Cars Worth Up To $15 Million Each
Porsche’s bespoke division is working on 15 one-off commissions, with individual prices running from just under $2 million to about $15 million. The figures come from Alexander Fabig, who oversees individualisation and the company’s classic business. The scale of the projects is the point. Sonderwunsch, Porsche’s special-wish programme, has until now been best known for […]
Loro Piana Opens Biggest-Ever Manufacturing Investment in Italy’s Piedmont Region
Loro Piana has inaugurated an 8,000-square-metre knitwear facility in Italy’s Piedmont region in what represents the luxury brand’s largest investment since its creation. The new plant in Ghemme is dedicated to knitwear, one of the foundations of Loro Piana’s business, and represents an investment of several tens of millions of euros. The facility forms part […]
Donatella Versace And Revolve Launch New Fashion And Beauty Venture
Donatella Versace has joined forces with US-listed fashion retailer Revolve Group to launch a new fashion and beauty business aimed at younger luxury and contemporary fashion consumers. The joint venture will combine Versace’s creative and cultural influence with Revolve’s digital retail infrastructure and established following among millennial and Generation Z shoppers. The new business is […]