Bulgari’s First Luxury Hotel in the US Will Open in Miami Beach in 2024
AKLC COMMENT(S): Hopefully should be able to experience this soon! Looking forward.
Naturally, it will be replete with that signature Bulgari glamour. Bulgari is going to Miami. The Italian luxury brand has just announced that its first hotel in the United States will be located in South Beach.
2. A unique blend of two different worlds: This limited edition Japanese KitKat has been aged in special whisky barrels from Scotland
AKLC COMMENT(S): Wow, intersting!
From KitKat bars made of gold to those shaped like onsen steamed buns , we’ve seen it all in Japan! Even then, the country’s craze for the decadent chocolate only seems to be getting stronger. Its newest edition is a KitKat version that has been immersed in special whisky barrels from Islay, Scotland.
3. Zendaya: The New Face of Valentino
AKLC COMMENT(S): Congratulations!
The decision to work with the actress, singer and activist is in line with creative director Pierpaolo Piccioli’s goal to make the brand more in sync with the times and more inclusive, while maintaining its storied codes.
4. From toilet seats to bath tubs to the infinity pool, it’s all 24-karat gold at Vietnam’s Dolce Hanoi Golden Lake, the world’s first gold-plated hotel
AKLC COMMENT(S): Woaaah! Is this what Luxury is? 44% of our Instagram audience wish to experience this magnificent one of a kind property!
We shared a story about the world’s first gold-plated hotel earlier this year and we now have an update on what the 25-story building covered in 5,000 square meters of gilded ceramic looks like on the inside. It is located in Hanoi, Vietnam, and this new glitzy hotel property is called The Dolce by Wyndham Hanoi Golden Lake. For guests who want to live in an ostentatious setup, ‘The Dolce’ surely doesn’t disappoint with the overdose of gold and glitter for a reasonably affordable price (Rooms start at around $250)! All that glitters here is not gold but certainly is everywhere from 44kt coffee mugs, gold-plated tubs, sinks, and toilets, and even an unbeatable 24-karat gold tiled infinity pool on the roof. Since words cannot come close to doing this outrageously opulent place any justice we have showcased below an array of images that will push you to wear sunglasses indoors:
Article link: https://luxurylaunches.com/hotels_and_resorts/from-toilet-seats-to-bath-tubs-to-the-infinity-pool-its-all-24-karat-gold-at-vietnams-dolce-hanoi-golden-lake-the-worlds-first-gold-plated-hotel.php
5. Japan’s Richest Person Sees Wealth Cross $41 Billion As Fashion Sales Rebound In Japan And China
The net worth of Japan’s wealthiest person, Tadashi Yanai, the billionaire behind everyday fashion brand Uniqlo, touched a peak of $41.6 billion this week, spurred by a shopping frenzy for Uniqlo’s pandemic-friendly clothes from masks to tracksuits.
6. Watch Site Hodinkee Raises $40 Million In Series B Funding Led By TCG, LVMH Luxury Ventures, Tom Brady And John Mayer, Clymer Says He’s Got The Dream Team
It was just about 14 years ago that Benjamin Clymer opted out of the banking world and into the watch world – opening a small blog called Hodinkee and writing about timepieces. Now, the brand has just closed a Series B Funding led by TCG (affiliate of The Chernin Group, LLC) as the largest investor that witnessed a $40 million investment from TCG and a variety of others, as well. Among them: LVMH Luxury Ventures, True Ventures, Future Shape and even quarterback Tom Brady, Grammy winner John Mayer and GV (Google Ventures). This means that Hodinkee is now valued at a sum upwards of $100 million. At the same time, Clymer is stepping down as CEO, but remains on board as Executive Chairman and will still have his hands in the proverbial pot on a day-to-day basis.
Article link: https://www.forbes.com/sites/robertanaas/2020/12/02/watch-site-hodinkee-raises-40-million-in-series-b-funding-led-by-lvmh-luxury-ventures-tom-brady-and-john-mayer-company-now-valued-at-100-million/?sh=71c03d683104
7. Alibaba, Richemont to invest $1.1 billion in Farfetch with focus on China
Alibaba said on Thursday it will launch Farfetch shopping channels on its e-commerce sites Tmall Luxury Pavilion and Luxury Soho, while also investing in newly formed Farfetch China along with Richemont.
Farfetch’s shares jumped about 9% in after-market trading.
8. The Super-Rich Are Buying Luxury Online Like Never Before
AKLC COMMENT(S): In the middle of a Pandemic with nothing much to do, maybe shopping is the only viable option?
9. LVMH launches Life 360 programme for a new luxury at group’s Climate Week
AKLC COMMENT(S): Sustainability is the only way forward
On the occasion of 2020 Climate Action Day and of the fifth anniversary of the Paris Agreement, the LVMH group has once again highlighted its commitment to sustainability.
The French luxury group is staging LVMH Climate Week, an event running from December 8 to 11 which brings virtually together the group’s 163,000 employees. It features a series of conferences aimed at mobilising the whole group as it deals with the challenges of climate change, and to share best practices in the area of carbon emission cutting.
10. Face value: In China men’s skincare boom, startups, global investors seek rich glow
AKLC COMMENT(S): Guy Beauty it is!!
China’s radiant male skincare market has a fresh shine: A raft of domestic startups is tapping global investors for funds, with ambitions to rival giants like L’Oreal in a billion-dollar business serving image-conscious millennial men like Hou Junru.
11. From glow-in-the-dark walkways to cloud print floors. This home in Milan is designed specially for TikTok and Instagram influencers
AKLC COMMENT(S): This was only bound to happen in this growing age of Influencers and creators.
Pop-up board, loud colors, and eclectic décor – they all sum up a social media influencers life. And in giving them a one-stop for these is Defhouse. The concept home in Milan is a mix of heterogeneous surfaces, fragmented scenographies, and over the top objects that speak volumes in each frame.
12. Louis Vuitton collaborates with Maison Tamboite for one the most stylish bikes ever
AKLC COMMENT(S): Such an interesting collaboration 😀
Louis Vuitton has travel embedded in their DNA, and Louis Vuitton luggage has over the years become a staple for luxe jet-setters! When you think of LV and travel, you generally imagine classic trunks. Still, this time Louis Vuitton has taken the travel bug seriously and churned out the LV Bike in collaboration with Maison Tamboite, who is all about handcrafting fine French bicycles. The two Parisian names go way back in time as masters of their craft; it’s surprising this coming together of the unrivaled luxury companies’ didn’t happen sooner. The all-new LV bike by Louis Vuitton x Maison Tamboite is basically is a redrafted version of Maison Tamboite Paris’ classic model is wonderfully typical LV elements. The hand-made bicycle looks stunning with its seat and frame wrapped in LV monogrammed leather. To make the Louis Vuitton treatment obvious, the Monogram flower chainset and an interlocking LV-shaped frame have been incorporated into the design along with bright red leather-wrapped handlebars, a monogram leather luggage rack above the rear wheel to make it stand out as an LV Bike.
13. This season’s top luxury: Flexible returns
Luxury brands are bracing for a significant returns hangover in Europe and the US as customers shift spending online over the high-volume holiday period.
Clothing is particularly prone to e-commerce returns, according to GlobalWebIndex data, which found that apparel is the most likely major product category to be sent back with fashion particularly prone to “bracketing”, ordering the same item in multiple sizes to return what doesn’t fit.
14. Christian Dior Pre-Fall 2021: Let’s get this party started right
There is the calm before the storm, and then there is the party after the pandemic.
Christian Dior released the lookbook and video of its Pre-Fall 2021 collection on Monday and these are definitely not clothes for blushing violets. Clearly the house of Dior expects the good times to roll by in the second half of next year.
15. How to reach the new luxury shopper: Aspirational nesters
As comfort dictates holiday purchases, some customers are buying luxury items for the first time. The challenge for retailers is to turn them into loyal shoppers.
16. You can now spend the night in a luxury tent at Singapore Changi airport
AKLC COMMENT(S): If you know, you know! The Changi airport is really a marvel!
You may have imagined pitching up a tent under the stars, in an outdoorsy setting. But you would never have imagined doing so inside an airport! This year was one which had limited travelling, but it did not stop airlines from doing creative things to entice potential travellers. From launching flights to nowhere to starting cafes inside aircrafts, the year was marked with interesting things in the aviation sector.
And now, to take things up a notch, Singapore’s Changi Airport has introduced a novel attraction, wherein people can spend a night glamping in luxury yurts, The Independent reports. According to the report, the unusual sight and setting for this particular sleepover is the airport’s new retail complex called the ‘Jewel’, which opened in 2019. Here, guests can use the bed in Jewel’s Shiseido Forest Valley, which is an indoor garden having five storeys — or the Cloud9 Piazza, located on the top floor.
17. Gucci joins Alibaba’s luxury e-commerce site to woo Chinese consumers
Fashion label Gucci will open two flagship stores on Alibaba’s online luxury shopping platform, underscoring the importance of the Chinese market for high-end brands seeking to reverse a revenue slide due to the coronavirus pandemic.
Gucci, the profit engine of French group Kering, is one of the most prized names to join the Tmall Luxury Pavilion platform, which was created in 2017 and now boasts more than 200 brands ranging from apparel to high-end cars.
Gucci’s first flagship store, selling fashion and leather goods collections, will open on Dec. 21, the two companies said in a joint statement on Friday. A second store focused on beauty products will launch in February 2021 and will be operated by Gucci’s license partner Coty.
18. To Stave Off Climate Change, the World’s Wealthiest Must Cut Carbon Emissions by 97%: UN Report
AKLC COMMENT(S): But what is the alternate solution in that case? 🙁
Climate change often seems like an insurmountable problem, but the solution is, and always has been, relatively simple: humans need to reduce carbon emissions. Now, a new report by the United Nations is shedding light on who needs to step up, and the richest 1 percent are at the top of the list.
The Emissions Gap Report 2020, which was published by the UN earlier this month, provides a snapshot of projected greenhouse emissions in 2030, and the levels needed to avoid a worst-case scenario. The report indicates that the difference between the two—also known as the “emissions gap”—is bigger than ever.
19. Bentley confirms it is working with Audi on new luxury EV
AKLC COMMENT(S): Amazing!
Bentley has confirmed it will work more closely with Audi on its luxury electric saloon, which is due in 2025.
Both companies are part of the Volkswagen Group, which allows them to work together to develop vehicles at a reduced cost.
Speaking today, Bentley boss Adrian Hallmark said teaming up with its German relative on ‘Project Artemis’ – the working name of its EV development – was ‘an opportunity not a risk’.
20. China Is on Track to Become the World’s Biggest Luxury Market By 2025
China’s role in the global luxury sector just got a whole lot bigger.
As the Covid pandemic continues to cause economic strife around the world, China’s severe lockdown and rapid turnaround have proven critical to keeping luxury brands afloat. According to a new joint report by Tmall, Alibaba and Bain & Company published last week, the company’s global share of the industry has doubled in 2020 and it is on track to become the single largest luxury market by 2025.
Largely driven by Millenial and Gen Z shoppers, China’s luxury spending ballooned by ¥346 billion in 2020, a growth rate of 48 percent even as luxury as a whole shrank by 23 percent during the same period. Bain senior partner Bruno Lannes told MarketWatch he believes that in addition to younger shoppers, the blockbuster figures are also due to a strong digital push by luxury brands who have long ignored the space. This has proven key to making up for the lucrative tourism sales that many vaunted labels normally rely on when travel isn’t so restricted.
21. How Luxury Fashion And Lifestyle Brands Can Leverage Technology In 2021
AKLC COMMENT(S): Kudos 👏
As time goes by, it’s becoming more evident than ever before, that any brand not leveraging technology will be left behind. In a word, the aesthetic universal codes in business strategy have drastically transformed. For instance, in 2020, with the onset of COVID-19; the need for businesses to reach consumers from home- without an in-person experience, is a testament to the luxury fashion (metamorphosis) period the industry is experiencing first hand.
This year, the first ever remote fashion week, was not only relevant but rather a strong indicator of how the consumer has now been elevated to an editor-by filtering their own taste and curiosity— by streaming fashion shows. This innovation proves one thing: If you can’t leverage technology, your business may not last the test of time. More to the point, technology is a constant reassessment of how the fashion business has operated over the last few decades.
22. A taste of luxury: Chew Gucci, sip Louis Vuitton, and bite into pastries by Prada
AKLC COMMENT(S): Yuummmmm
23. Shoppers Are Embracing Luxury Resale This Holiday Season Like Never Before
AKLC COMMENT(S): Luxury Re-sale is the next big thing 👍
Consumers this holiday season embraced preowned products as presents with a fervor that hasn’t been seen before. As luxury resale e-commerce sites continue to grow and the stigma of used clothing and accessories fades, consumers are turning to thrift because it’s gentler on the environment and can be easier on the pocketbook.
Nearly half of Americans planned to buy secondhand gifts this holiday season, which is 2.5 times as many as five years ago, according to a survey by thredUP and GlobalData.
The trend is being fueled by Gen Z. Five years ago, only 15% of the cohort was buying secondhand. This year, 52% said they bought or planned to buy thrift products.
24. Ridiculous even for the rich: We just cannot fathom $10,400 for the Louis Vuitton monogram kite
If Louis Vuitton can sell a $500 bandana and mask set or even a $960 face shield, then why the brouhaha over its $10,400 monogrammed kite? Is it because the chances of using an expensive mask and face shield daily are much higher than a monogrammed kite that perhaps may never see the outdoors? Even then, this LV kite can be one of the few objects that only 2-3 people in the world may own, making it quite a rarity that could in all probability fetch a good price at an auction decades later. There’s no denying the marketplace does sell absurd objects for millions, and this kite will easily fit the bill. The luxe Monogram Kite comes covered in Louis Vuitton’s signature initial print and is packed away in a matching monogrammed bag. It is proposed as a stand-out gift for the outdoor enthusiast though I completely fail to understand the idea behind its inception. It could be Louis Vuitton’s latest fixation with sports and outdoors which led them to create sports gear like the LV Bike, Skimboards, camping tent, and indoor games like an opulent pool table, a foosball table, and more.
25. This French city has the most expensive Christmas decoration ever. Its a $18.4 million Bugatti
The most joyous time of the year looks unimaginably breathtaking in certain regions of France like Alsace, Colmar, and Bugatti’s headquarters, Molsheim. This year however the Christmasmarkets will be far from bustling owing to the pandemic. The city centers adorned with fairy lights and illuminated stars on every nook and corner will be terribly missed. But Bugatti has special plans in place for Molsheim, the city where the Bugatti brand originated. Ettore Bugatti founded his brand and started to manufacture his own automobiles more than 110 years ago. The French luxury brand decided to set up the exhibit of its hyper sports car — Bugatti La Voiture Noire for the public to view and take photos. The La Voiture Noire rumored to have been bought by world soccer star Cristiano Ronaldo is the only one of its kind. The car was created to celebrate the brand’s 110th anniversary and costs an estimated $18 million. Now, that’s a car not everyone can afford to buy and is the only one of its kind. Not many will even be able to lay eyes on the black beauty, except the lucky residents of the city of Molsheim. Placed next to Molsheim’s decorated Christmas tree is a special glass box encasing the gorgeous Bugatti La Voiture Noire. Lucky residents of Molsheim have the exceptional opportunity to admire this unique masterpiece.
26. Luxury’s Silver Linings Playbook For 2020