La Maison des Startups LVMH, LVMH luxury Group’s incubator at the Station F campus in Paris and the world’s largest startup campus, have reinvented standard practices. On April 21 the program welcomed a fourth group of 25 new startups online. Adapting this key event on the LVMH innovation agenda, which generally takes … Read more
The luxury industry faces a challenge like never before. The luxury market will face a difficult year ahead: Bain & Company expects that for the full year 2020, the market could contract between 20-35 percent, depending on the speed of the recovery. After falling by an estimated 25 percent in the first quarter … Read more
Every one of us is now reflecting on our core sustainability priorities. YOOX NET-A-PORTER GROUP, one of the world’s leaders in online luxury and fashion, donates London Premier Delivery fleet to deliver essential supplies to those in need during the coronavirus pandemic. The luxury online retail group hopes that the … Read more
LVMH to supply several million surgical masks in France to help the fight against the spread of coronavirus. By virtue of its global distribution network, LVMH Moët Hennessy – Louis Vuitton SE also known as LVMH, the French multinational corporation and conglomerate specializing in luxury goods, has managed to secure an order … Read more
In a proactive response to the unpredictable circumstances evolving from the global spread of COVID-19 (coronavirus) and in an abundance of caution, a series of luxury brands announced that they will voluntarily pause global operations. Rolex is shutting down three factories in Switzerland, while MGM Resorts shuts down all operations in … Read more
The results of Knight Frank’s unique Luxury Investment Index reveal the most coveted objects of desire in 2019, while the consultancy company’s data partners offer their insights on a selection of asset classes. In the 14th edition of The Wealth Report, Knight Frank identifies and explores the big themes dominating the agenda … Read more