1. The World’s First Helicopter Restaurant Is Getting a Preview in London
AKLC COMMENT(S): Wow! What an incredible experience. We wish to experience it.
Part of the appeal of a rooftop restaurant is enjoying food while taking in a gorgeous view. But imagine if that restaurant was so high that there were no buildings around to blemish your view of the city—oh, and you were flying. If that were the case, you might be inside Roocopter One, the world’s first helicopter restaurant.
On August 9, Deliveroo will attempt to gauge just how interested diners are in the idea of eating a meal while flying 1,000 feet over the city of London, according to Insider. The a U.K.-based food-delivery service—think a European Seamless—has partnered with Charter-A helicopter fleet to fly users around the city while eating a meal from the likes of Wagamama, Chipotle and Bababoom.
2. One8 Commune: A First Look At Virat Kohli’s New Restaurant in Delhi
AKLC COMMENT(S): Congratulations Virat Kohli! We wish him all the very best 🙂
There was a quote that went so viral last year, it was practically a business world meme. Marketing expert Seth Godin said, “If Nike opened a hotel, we know what it’d be like, because they don’t just have a logo, they have a brand.” By launching One8 via his collab with PUMA two years ago, that’s essentially what ace cricketer Virat Kohli capitalised on. He translated his vibe, energy – and, most importantly, his cool factor – into a brand that the world was more than ready to buy into. Perfume, sports gear, even inner wear – Kohli had trademarked his swagger and put it into the kind of millennial must-haves you’d imagine a dapper young cricketer would resonate with.
The latest in this line-up is the One8 casual dining bar – Commune. As I sit down at a table in the soon-to-open Aero city space, I’m surprised at how unpretentious it is. There’s nothing gauche about its colours, its interiors aren’t trying too hard, and there’s nothing gimmicky going on at the bar either. It’s just muted maroons and plums, with fun ceilings here and a kitschy neon sign there. The top floor has one, statement element – a lit-up cricket scoreboard across the wall. It’s a smart décor decision, bringing in Kohli’s brand ethos without slapping you in the face with it.
3.AUDI UNVEILS E-TRON ELECTRIC LUXURY SUV IN INDIA
AKLC COMMENT(S): Electric SUV-amazing!
Audi fans will know that the German car maker has been working on a fully-electric luxury SUV called e-tron ever since it first showcased the e-tron quattro concept back in 2015. Today, Audi unveiled the nearly ready e-tron SUV in India at its newly opened showroom in Gurugram. The showroom will house 21 Audi cars on the floor, including used cars. Although Audi has no official launch date for its new electric SUV, the Audi e-tron is expected to be launched in India in the coming months.
4. Private equity investors expect fashion and luxury to grow 4 percent in 3 years
AKLC COMMENT(S): Great news for the luxury industry!
New York – Private equity investors surveyed by Deloitte forecast major players in the personal luxury goods industry – which is inclusive the luxury apparel – to achieve 1.1 times their 2018 sales index by 2021 (which means growing by 4 percent CAGR in the period comprehended between 2018 and 2021.)
Other luxury sectors are expected to achieve 1.2 times their value (approximately improving by 6 percent CAGR in the tree years to 2021.) These are some of the key findings of Deloitte’s Private Equity Survey 2019, which focuses on understanding investors’ perceptions of the potential growth in the fashion and luxury market in coming years.
5. Italy’s Prada posts slight increase in first half sales
AKLC COMMENT(S): Congratulations Prada!
Revenue at Italian fashion group Prada rose 2% in the first half of the year, in line with market expectations, as improving full-price sales and a solid growth in its wholesale channel offset the impact of a move to cut back on markdowns.
6. Dior’s New Hand-Blown Glass Straws Are a Luxurious, Sustainable Alternative to Plastic
AKLC COMMENT(S): Sustainable luxury! For a poll conducted internally, we found that 55% audience think this is Innovative, while 45% find it weird!
This summer has seen no shortage of luxury fashion brands announce new efforts to combat the reckless pollution wrought by the industry, which accounts for a good portion of the world’s textile waste and water contamination. But Dior is extending these efforts beyond the clothes it makes and into another space altogether: reusable straws.
On Thursday, the French fashion house introduced a £120 box (about $146 at current exchange) of six hand-blown glass straws designed to take the place of the plastic versions found in many restaurants and coffee shops. They’re also a lot more fun to look at than their stainless steel cousins, whose ubiquity among the environmentally conscious is growing. Half of Dior’s set is hand painted in metallic gold, and the other half features a spiral of the paint that extends for the length of the straws
7. Digital ‘clothes’ could be the next big Instagram hit
AKLC COMMENT(S): Millennials watch out for Gen-Z setting trends!
Hip Scandinavian fashion retailer Carlings knew it had to make a big impression when it launched its first online store in 2018 — years after most other apparel brands.
Carlings has more than 200 physical stores in Norway, Finland and Sweden and is known for its wide range of jeans and casual clothes. When it finally started selling online last year, it wanted to do something that would draw people to its website and make it stand out.
Virtual “clothes,” pieces that were available only as digital items, turned out to be the answer.
8. This New ‘Hugo Boss’ Racing Yacht Is as Sharp as a Bespoke Suit
AKLC COMMENT(S): Men, are you taking notes?
Sharp, clean lines, jet-black and finished with bespoke precision: No, we’re not describing an impeccably tailored Hugo Boss suit, but rather the label’s new and equally impressive racing yacht. On Monday, British sailing team Alex Thomson Racing unveiled the custom-built 60-foot dream machine designed to lead the team to victory in the 2020-21 Vendée Globe round-the-world race.
The IMOCA vessel was spearheaded by world-renowned boatbuilder Jason Carrington back in 2018 and designed in partnership with the Alex Thomson Racing team and the French architects at VPLP. According to the company, it took two full years of work—approximately 50,000 hours of specialist construction and the effort of more than 100 workers—to complete the revolutionary racing yacht, which may explain the £5.5 million ($6.7 million) price tag.
9. Inside Gucci’s Gen Z bet on avatars – the latest chapter in luxury’s digital epiphany
AKLC COMMENT(S): Forerunners in disrupting the digital market!!
Gucci is investing digital spend in Genies, the avatar company gearing up to rival the likes of Bitmoji as the ‘world’s first digital human race’. The deal forms part of the brand’s ongoing “experiments” with digital touchpoints – yet is one of the first designed to build brand loyalty with the elusive Gen Z audience.
Gucci has been heralded as a digital forerunner in the luxury space for the last few years.
10. Millennials shoot Gucci to the top of the resale charts; streetwear and logomania remain strong
AKLC COMMENT(S): Gucci is at the top of its game!
According to the latest report from luxury consignment platform TheRealReal, Gucci currently leads the pack when it comes to resale, while streetwear has kept its cool and logomania is conquering new categories.
The platform’s Luxury Resale Report 2019 revealed that the most searched brand over the course of the year was Gucci, followed by Louis Vuitton and Chanel in second and third place, with the former increasing its lead over the latter by 225% year over year. Prada and Hermès rounded out the top five.
Overall, demand for Gucci increased 78% from the previous year, growing 2.3 times faster among 18-34-year-olds than in other demographics.
11. China’s young luxury shoppers are brand conscious, not brand loyal
AKLC COMMENT(S): Very important insight which can’t be missed!
Companies will need to think outside the brand box to win over the hearts and wallets of China’s young luxury shoppers, according to a new report by McKinsey.
China’s luxury spending is projected to nearly double between now and 2025 to US$174.57bn and account for 40% of the global luxury market. But the nation’s younger consumers, while still brand conscious, aren’t loyal to brands in the same way that older cohorts are.
12. Aston Martin Will Now Build You a Bespoke Car Garage Worthy of a Bond Villain
AKLC COMMENT(S): Park in Luxury!
A truly special car deserves an equally special home. That’s Aston Martin’s thinking at least, as the company will now design and build tailor-made garages for its customers’ vehicles.
The storied British automaker announced the launch of Aston Martin Automotive Galleries and Lairs on Thursday in Pebble Beach. As part of the program, the company will work with customers to build anything from a minimalist garage that seamlessly blends in with their home to a full-blown “retreat” where they can store their entire collection of cars.
13. Luxury brands apologize to China amid Hong Kong row
AKLC COMMENT(S): Its all about the minute details
Multinational luxury brands are rushing to apologize after incurring the wrath of Chinese consumers over websites or products seen as challenging Beijing’s sovereignty over Hong Kong or Taiwan.
Versace got into hot water over a T-shirt design listing prominent cities with their respective countries, such as “New York – USA” and “Beijing – CHINA.” Irate Chinese netizens posted pictures of the shirt that highlighted two lines: “Hong Kong – HONG KONG” and “Macau – MACAO.”
Following a torrent of criticism, the Italian luxury fashion brand apologized this week on the Weibo microblogging platform and said it had removed the offending shirts from its sales channels late last month.
14. From social media to self gifting,here’s how luxury brands cleverly connect with affluent Asian millennial’s
AKLC COMMENT(S): All about Millennial’s
With nearly 60 per cent of the world’s millennials living in China, Hong Kong, Singapore, Japan, South Korea and India, top brands like Chanel, Christian Dior and Louis Vuitton are wooing them with unique marketing campaigns
Feeling the freedom to express themselves, Asian millennials are increasingly showing an affinity for customisation and they look to luxury brands to hunt down the latest “make it mine” items
15. At age 22, she gave up studying law to sell $63,000 swimsuits and $2,300 bras
AKLC COMMENT(S): So inspirational & enterprising!! Way to go Millennial’s. We really admire these young entrepreneurs.
At age 22, with no formal fashion education Claudia Lambeth took a giant leap and started a one-of-a-kind luxury lingerie line while she was in law school.
With just a little seed money she inherited from her grandfather, Lambeth was able to purchase fabrics and other materials she needed to build her first bra and develop lingerie patterns that helped start her company, Luna Mae London, in October 2012.
16. Flemingo Travel CEO Manishi Sanwal quits, to start own venture in the field of data analytics
AKLC COMMENT(S): Wishing him good luck!
Manishi has acquired controlling stake in Voiceback Technologies, a company focused on providing data analytics based solutions to business problems
17. ‘A Hotel Cannot Be Just a Place to Sleep’: How the Founder of MOB Hotels Is Disrupting the Hospitality Scene
AKLC COMMENT(S): Interesting! Its all about Innovation.
Since launching MOB Hotels—an acronym for Maimonide of Brooklyn—in November of 2017, Aouizerate has proved a healthily disruptive presence on the Paris and New York hospitality scenes. How? By making hotels that are far more than a place for guests to lay their heads…
18. Fashion Pact: 30 fashion giants step up for the environment
AKLC COMMENT(S): Wonderful, Incredible, Fantastic initiative.
Thirty fashion and luxury companies representing some 150 labels are uniting for the “Fashion Pact” that will be presented in Biarritz on August 26 to the G7 summit by Kering CEO François-Henri Pinault. The pact will aim to limit the industry’s impact on the climate, biodiversity and the oceans with goals set for 2030 and 2050.
19. IKEA Expands Its Indian Empire With The Launch Of Its First Online Store In Mumbai
AKLC COMMENT(S): Congratulations Ikea India! 🙂
IKEA has started its Indian takeover.
After launching its first mega-successful retail store in Hyderabad, the Swiss furnishing company has made its way to the shores of Mumbai now through its first online store.
The online store will cover the greater Mumbai region, including the cities of Mumbai, Navi Mumbai, and Thane. The online store consists of over 7000 products to choose from including everything from chairs to wardrobes. The only drawback is that IKEA isn’t offering free delivery. Buyers will have to pay a minimum of Rs 199, with the amount becoming larger depending on the weight of the product. The products will be delivered within 4 to 7 days according to IKEA.
20. Why Luxury Fashion Is Walking the Runway in Recycled-Plastic Heels
AKLC COMMENT(S): The luxury industry has to be the leading force towards Sustainability!
From crocodile skins to cashmere wool, the luxury industry is under more pressure than ever before to prove its sustainable credentials.
21. Organic beauty is big business right now
AKLC COMMENT(S): A boon to the cosmetics industry!! For all the Indian women wanting to feel beautiful.
The beauty industry is getting an organic overhaul, and it could mean big business in the next few years.According to a new report, the global organic personal care ingredients market size is on track to reach US$11.1 billion by the year 2025, representing a 5.4 percent compound annual growth rate from 2019 to 2025.
The report points to growing consumer awareness about the benefits of organic personal care products — which are free from potentially harmful chemicals — in comparison to their synthetic counterparts as one of the key reasons for a surge in demand.
22. Coach is taking to the High Line this New York Fashion Week
AKLC COMMENT(S): Watch out for this!
The US heritage label will present its Spring/Summer 2020 collection at the Spur and Coach Passage in the High Line park on September 10, WWD reports.
“I’m excited to present our spring collection on the High Line, a place that inspires me,” the brand’s Creative Director Stuart Vevers told the publication. He added, “To me, it’s a powerful symbol of New York’s ever-evolving history, and I’m proud to celebrate what makes it special and continue our long-standing support of the park.”
23. Tiffany & Co. Quarterly Earnings Beat Estimates
AKLC COMMENT(S): The world is thriving luxury!
The luxury jeweller was hurt by lower spending among tourists and political unrest in Hong Kong, sending same-store sales down 3 percent compared to an expected 1.3 percent drop, but had focused on the Mainland Chinese market.