Luxury
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 […]
Why Choose a Custom Line Yacht for Your Next Purchase ?
For those contemplating a significant investment in the world of luxury yachting, the decision to acquire a vessel is often driven by a desire for unparalleled comfort, bespoke design, and reliable performance. When faced with the myriad of options available, many discerning buyers ultimately choose Custom Line for its distinct blend of Italian craftsmanship and personalized superyacht […]
Piz La Ila Summit Guide: Everything You Need to Know Before Visiting
Rising above the renowned ski resorts of Alta Badia in the heart of the Italian Dolomites, Piz La Ila is one of the region’s most popular mountain summits. Standing at approximately 2,100 meters (6,890 feet), it offers spectacular alpine scenery, excellent skiing in winter, and easy access to hiking and panoramic viewpoints during the warmer […]
How Can You Stay Comfortable and Stylish During an All-Day Wedding?
Weddings are full of special moments, but they can also mean long hours of standing, walking, dancing, and celebrating. Looking great is important, but feeling comfortable throughout the day matters just as much. The good news is that you do not have to choose between style and comfort. With the right outfit, fabrics, footwear, and […]
Donte DiVincenzo’s Wife: Inside the NBA Guard’s Long-Term Relationship With Morgan Calantoni
Despite years of searches for a “wife,” DiVincenzo remains unmarried to longtime partner and mother of his child, Morgan Calantoni Donte DiVincenzo’s wife does not technically exist, since the Minnesota Timberwolves guard has never married, but his longtime partner Morgan Calantoni has been at his side since 2017 and is widely mistaken for his spouse. […]
Pomellato to Stage First Paris Exhibition at Palais de Tokyo in Celebration of Six Decades of Revolutionary Jewellery
Italian fine jewellery house Pomellato will open its debut Paris exhibition at the Palais de Tokyo on June 24, marking nearly 60 years since the Milan-based brand reshaped the conventions of European jewellery design. The exhibition, titled Pomellato, Le Joaillier Révolutionnaire, runs through July 20 and coincides with Paris Haute Couture Week. It launches with […]