FORGOTTEN HISTORY: 13 - The Untold Story

'The rich will only get richer' and defy luxury slowdown, says group behind $139,000 speakers

Bang & Olufsen's CEO believes his shoppers will only get wealthier, after the company sold more high margin products last quarter.

Fortune · Dec 20, 2023

Hermès Billionaire Decides To Leave His Fortune To Former Gardener

Nicolas Puech has already initiated legal proceedings for the same.

International Business Times UK · Dec 20, 2023

Hermès heir plans to adopt 51-year-old gardener to pass on $11 billion fortune

Nicolas Puech, who is unmarried and childless, is a fifth-generation heir of Thierry Hermès, who founded the luxury fashion house in 1837.

Fortune · Dec 7, 2023

Sephora UK's Pauline Dolle-Labbe on the new Stratford store and how the beauty giant is doing in London

Sephora in March launched its first UK physical store since exiting its last ones here by 2005, and now a second London shop will open

Evening Standard · Nov 14, 2023

Prices of high-end Rolex and Patek Philippe watches hit a 2-year low as luxury slump spreads beyond LVMH and Gucci

Pre-owned luxury watches saw a surge in demand during COVID-19—but there's been a sharp reversal since.

Fortune · Nov 14, 2023

Phoebe Philo's fashion frenzy: why her much-anticipated collection sold out within hours

British luxury fashion designer Phoebe Philo OBE, debuted her long-anticipated eponymous label to critical acclaim at the end of October. Despite the eye-watering price tags, the small range of clothing, accessories, jewellery and footwear – only available on the Phoebe Philo website – virtually sold out within hours.

The Conversation · Nov 10, 2023

Cartier owner Richemont sales disappoint as economic pressures start to pinch even the rich

Luxury giants including Richemont and LVMH are seeing a slump in sales after a high-end spending boom during the COVID-19 pandemic.

Fortune · Nov 10, 2023

LVMH strikes sunglasses deal targeting entry-level shoppers as luxury spending slows down

LVMH plans to expand eyewear brand Barton Perreira beyond the U.S.—starting with Europe.

Fortune · Nov 6, 2023

The perfect fit: how sport and fashion became a dream team

Gucci tennis bags at Wimbledon, Arsenal stars on Burberry’s front row … the link between the stadium and the catwalk is closer than ever

The Guardian - UK · Oct 28, 2023

Luxury shoppers are buying less Balenciaga and Gucci, in latest signs of an end to the ‘roaring 20s’

Economic pressures have added to the list of challenges faced by the luxury giant behind Gucci and Yves Saint Laurent.

Fortune · Oct 25, 2023