Business of Luxury
Nicknamed as Ace of Spades, the chart-topping rapper’s champagne will now join the ranks of LVMH’s Dom Pérignon, Moët & Chandon and Veuve.
What are some lessons that luxury brands can learn from the global pandemic? There are 10 that they can adopt in order to position themselves better as the world embarks on the road to recovery.
The main driver for this growth came from China, where there is a strong local market from its growing middle class as well as Gen Z spenders.
The Italian luxury brand, Moncler is expanding its business profile to include streetwear cult favourite, Stone Island. This is on the heels of the recent deal between VF and Supreme.
In a seismic move, the last of the three Singapore family-owned luxury watch retailers Cortina Holdings will acquire Hong Kong owned Sincere Watch for $84.5 million
LVMH pulled out of a Tiffany takeover and embarked on a counter-suit and while it looked like Wall Street thought that the U.S. jeweller will do just fine by itself, LUXUO argued that the deal was a win-win. Reuters just reported that the deal could be back on