From Digital Treasure Trunks to Japanese Art Island: 17 Luxury Stories of The Moment

Luxury digest news of the moment: a digital round up of key luxury news of the week.

@Louis Vuitton

  • Inside Chanel’s ‘Ultimate Luxury’ Push: Jewellery, But Make It Tweed
    High jewellery is shaping up to be a key battleground for big luxury. At Chanel, the ‘booming’ category is also an opportunity to elevate the brand further, watches and jewellery president Frédéric Grangié tells BoF.  Read more.
  • With Fur Finally Out of Fashion, Peta Sets Its Sights on Wool, Leather and Down
    After four decades of emotionally-charged campaigns, Peta founder Ingrid Newkirk can all-but declare victory in the war on fur. Taking on more widely-used animal-based materials will be harder, however. Read more on BoF.
  • Forbes Is Unpacking The Web3 Strategy Behind Louis Vuitton’s €39k Digital Treasure Trunk NFTs
    Louis Vuitton is releasing an ultra limited edition non fungible token collection called Treasure Trunks. The price for each is €39,000 (around $41,600) and only a few hundred will made available. Read More.
  • 5 Reasons Many Western Luxury Brands Are Losing Luster With China’s Gen Z
    Chinese Gen Z are increasingly changing their purchase preferences from Western to local brands. How can global players secure their place in China’s luxury landscape? Read more on jingdaily.
  • Disney’s The Little Mermaid Makes A Big Splash In Fashion
    After months of anticipation, the reboot of The Little Mermaid starring Halle Bailey as the titular mermaid has finally arrived in theaters. The latest live-action adaptation of a beloved Disney animated film offers a potent escapist fantasy just in time for summer. And not just on screen, but in our wardrobes. Read more.
  • The Newest High-End Amenity: Houses That Come With Horses
    In Mexico, developers are raising the luxury game by offering buyers a herd of polo ponies to go with the infinity pools and ocean views. Read more.
  • A TriBeCa Loft Where Rafael Viñoly Worked, and Played the Piano
    The architect had used the prewar apartment on West Broadway as a design studio and a place to make music. It is now on the market for $2.5 million. Read on nytimes.com.
  • Forbes’ Fintech 50
    The past year has been brutal for some fintech startups, as valuations crashed, cash dwindled, layoffs mounted and fire sales and failures loomed. Yet many startups continued to thrive, making this year’s Fintech 50 – Forbes’ eighth annual list of the most innovative private fintech companies–extremely competitive once again. Read more.
  • Spend Time With Yayoi Kusama’s Pumpkins In Solitude on Naoshima Island
    Naoshima has been nicknamed Japan’s “art island” for a reason. Along with Kusama’s sculptures, The Art House Project, which turns historical houses into works of art, and the ​​Miyanoura Gallery 6 spotlighting emerging Japanese artists including Yuki Iiyama and Yoshinori Niwa, makes this a destination for those who want to be involved in art, not just stare at it on a wall. Read more.
  • What’s Next for Tiffany Under LVMH
    The brand on Monday revealed its 2023 “Blue Book” collection of high jewellery, a series of intricate pieces priced upwards of $75,000 that marks the brand’s first high jewellery collection since bringing on former Cartier designer Nathalie Verdeille as chief artistic officer in 2021, as well as the first collection fully developed under LVMH. Read more.
  • This Is What It’s Like To Use Apple’s New Vision Pro Mixed-Reality Headset
    Apple’s newest headset is a technological leap far beyond its competitors—but it’s still not clear what it’s for. Read more.
  • Stefano Ricci: Exploration Is The New Luxury For The Ultra Wealthy
    In an era when fashion titans leapfrog from one exotic runway locale to the next, it’s a Florentine-born, family-operated luxury menswear label that’s sprinted to the front. Read more on Jing Daily.
  • The Balenciaga Comeback Is Happening
    At the Cannes Film Festival, the Met Gala and with a new collection. Is the world ready? Read more.
  • Inside Hermès’ Best-in-Class Leather Goods Strategy | BoF Case Study
    How a unique approach to supply chain, design, communications and retail has powered blockbuster demand for iconic bags like the Birkin and Kelly, enabling the French leather goods house to face down rivals and become a global megabrand with a market capitalisation greater than Nike’s. Read more.
  • “Resistance Is in Our Blood”: 5 Ukrainian Designers Reflect on Their New Reality a Year on From the Russian Invasion
    For the fashion world in Ukraine it has been a time of recalibration, rehabilitation and resistance, as brands have worked to adapt against a backdrop of hardship and suffering. Read more on vogue.
  • Satoshi Kuwata’s Setchu Wins the 2023 LVMH Prize
    LVMH named Satoshi Kuwata’s Setchu as the winner of its 2023 Prize for Young Designers Wednesday. Read more.
  • Farfetch Shakes Up New Guards Group, Off-White Leadership
    New Guards Group co-founders Davide De Giglio and Andrea Grilli are exiting the company, owner Farfetch announced last week. Read more.

@Apple Vision Pro