Just the right amount of hand-picked luxury marketing news and market intelligence
:: FACETS ::
→ (WSJ) The $1,000 ‘Micro’ Handbags Luxury Brands Are Pinning Their Hopes On: Designers are trying to win back middle-income shoppers by shrinking the size of their leather goods. Read more
→ (Fashion Network) LVMH prepares for a long winter with Arnault’s Moncler deal: The luxury sector faces some long months ahead. The ‘Wolf in Cashmere’ is smart to get a cozy down jacket. Read more
→ (WWD) Are Pop-up Shops the Future of Retail?: Despite all the buzz and growth opportunities around pop-up shops, how do these events come together? And what players are needed to execute a flawless experience? Read more
→ (Bloomberg) LVMH Signs Major Sponsorship Deal With F1, Replacing Rolex: Brands including Louis Vuitton, Moët Hennessy and TAG involved. Read more
→ (FT) Shhhhh! The stealth-wealth brand Loro Piana is celebrating 100 years: Succession’s favourite luxury label is marking a major milestone. Read more
→ (Fashion Network) Missoni launches luxury residential tower in Toronto: Italian fashion house Missoni is making its first foray into Toronto’s real estate market with the launch of Missoni Sky, a new luxury residential tower. Read more
→ (Wallpaper) Art takes London: Tiffany & Co, Damien Hirst and artists take over Selfridges' windows: Four British contemporary artists celebrate Tiffany & Co's pioneering history with a series of storied window displays. Read more
→ (Quartz) Luxury car sales are tanking as drivers look for cheaper options: Sales of vehicles that cost more than $100,000 have fallen by 46% this year, a new report found. Read more
→ (Designboom) Hermès Faubourg marks 100 years with surreal figures animating its windows displays: Piscina Studio's series of window displays for Hermès stores across the US celebrates the centennial of the Faubourg. Read more
→ (CNBC) Rolls-Royce opens VIP showroom in NYC to cater to its top-tier clients: Rolls-Royce has opened its first U.S. “Private Office,” a secret VIP design studio for ultra-wealthy clients who want highly personalized cars. Read more
Flash Stats: HSBC analysts, who subtitled the new report “Cruel Summer,” revised their outlook for luxury sector organic growth to 2.8% for 2024, down from a previous forecast of 5.5%. - HSBC Global Research
Thank you for reading Brilliant Cut - Scott
If you know someone that would enjoy Brilliant Cut, please share this with them.
Comments or questions, you can e-mail me at scott@silvertoneconsulting.com
Copyright © 2024 Silvertone Consulting, Inc. All rights reserved