Just the right amount of hand-picked luxury marketing news and market intelligence
:: FACETS ::
→ (McKinsey & Co.) At a crossroads: New York’s status as a global fashion capital: Bold action may be needed to maintain the city’s prominence in the industry. Read more
→ (Robb Report) Luxury Automakers Are Racing to Build Design-Forward Branded Residences. Here’s Why: Premium marques such as Bugatti and Pagani are bringing the aerodynamic curves and bespoke craftsmanship of automotive design to residential projects around the globe. Read more
→ (Fast Company) To recession-proof luxury fashion brands, combine data with the human touch: Luxury brands may not be as insulated as they might think, and it’s crucial to be proactive about cultivating resilience in the face of potential economic downturns. Read more
→ (Wallpaper) Fendi’s sci-fi collaboration with MAD Architects looks to have descended from a distant realm: A version of Fendi’s ‘Peekaboo’ handbag and an ergonomic sneaker are shaped by MAD Architects’ Ma Yansong’s ‘strange, unfamiliar’ eye in the Italian house’s latest collaborative project. Read more
→ (WWD) Zegna Creates Uber-luxury Experience in New York: The brand recreated its founder's Italian home at an Upper East Side town house for a one-week installation. Read more
→ (NYT) India Has Become the Watch Industry’s Next Big Prize: Experts say that, given the rising wealth and a pending cut in customs duties, it won’t be long before the country ranks among the top export markets. Read more
→ (Bloomberg) LVMH Close to F1 Sponsorship Deal for Range of Luxury Brands: A deal that would see the French luxury conglomerate promote its major brands on the race track. Read more
→ (The National) Loro Piana looks to the sea for its most innovative materials: Attending the Giraglia regatta offers an insight into one of Italy's most storied brands. Read more
→ (WSJ) Luxury Brands’ New Snag? Handbag Arbitrage: It is cheaper to buy designer goods in Europe than in China, and resellers profit from the gap. Posh labels find it hard to crack down. 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
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