Inside wealthy kids’ weird, pricey pandemic purchases, from $1,000 Patagonia fleeces to a $31.8 million T. rex
AKLC COMMENT(S): Well, what money can buy!
2. US Holiday retail sales up 3%, but apparel and luxury struggle, says Mastercard
AKLC COMMENT(S): The aftereffects of lockdown- More purchases for home wear and furnishings!
The payment card giant’s figures (which exclude automotive and gasoline) measure overall retail spending trends across all payment types, including cards, cash and check.
Across the traditional Holiday season period (November and December), it also said total sales were up 2.4% and online rose 47.2%.
3. Manish Malhotra on his brand-new skincare line: “We’ve always trusted homemade beauty, but have forgotten it in the recent past”
AKLC COMMENT(S): Woowww kudos👏
In addition to his eponymous couture label, designer and entrepreneur Manish Malhotra has built his reputation through his work designing costumes and dreaming up looks for films (more than 500 movies over 30 years!) and his ability to create well-rounded, personal looks for his characters, like Sridevi’s Roshni in Gumrah (1993), Karisma Kapoor’s Arti in Raja Hindustani (1996) and Kareena Kapoor Khan’s Pooja in Tashan (2008). The designer has always been “interested in the entire look,” preferring to use makeup techniques, hairstyles and outfits to really tell—and sell the story.
4. 7 major car launches in Jan 2021: What to expect in the new year
AKLC COMMENT(S): 75% of our Instagram audience is most interested for the launch of BMW!
January 2021 will be a busy month as always for the auto industry. We are currently aware of seven new models ready to make their India arrival. But, we also await many more to arrive subsequently. Here is what we can expect from January 2021 alone.
Article link: https://www.financialexpress.com/auto/car-news/7-major-car-launches-in-jan-2021-what-to-expect-in-new-year-plans-audi-a4-bmw-3-series-gan-limousine-altroz-turbo-toyota-fortuner-legender-tata-gravitas-jeep-compass-facelift-hector-plus-launch-date/2161372/lite/
5. With a revamped business class cabin and an even luxurious first-class shower, Emirates adds oodles of oomph to its A380 premium class
The first half of 2020 was a dud even for one of the world’s best airlines, Emirates. The pandemic affected the tourism and aviation industry incredibly harshly, with Covid-19 changing the very face of Emirates first and business class by eliminating its infamous cocktail bar and showers. Thankfully with the second half, things started improving once the world regained control of the virus and its contagion. Emirates bounced back by reopening its onboard lounges and shower spas on the A380. This was followed by the debut of the very fabulous and newly launched Emirates Premium Economy which beautifully bridges the gap between business class and economy. Clearly not the ones to stop at that, Emirates is now uncovering a revived look for the business class seats and cabin – along with the onboard cocktail bar and the two first-class shower suites. News is the refreshed Emirates Business Class takes its design cues from the airlines’ latest Boeing 777 jets. The A380 business classseats retain their fabulousness with direct aisle access, a fully flatbed, and a personal mini-bar. What’s changed here is the addition of some marvelous, muted yet soothing champagne-colored leather covers and wood finishing. The A380 business class looks extremely refined and luxe now, a welcomed improvement from the former drab grey color theme.
Article link: https://luxurylaunches.com/travel/with-revamped-business-class-cabin-and-first-class-shower-emirates-adds-oodles-of-oomph-to-its-a380-premium-class.php
6. From Moschino’s oversized lighter bag to Chanel’s $5800 water bottle, these are the 5 most insane fashion accessories of 2020
The past few months will be remembered vividly for the remainder of our lives owing to their stolid, unusual, and nightmarish nature. We will not be forgetting the things we cooked, ate, watched, survived, and bought online during the lockdown spells. Similarly, the world of fashion too has witnessed some outlandish creations that can’t be blamed on the pandemic (although the pandemic can be blamed for influencing the designer or brand’s emotional quotient). These ludicrous products ended up being so talked about on the internet, I’m certain this sudden worldwide interest must’ve catapulted their sales too. To know more about fashion’s most insane offerings, I have highlighted the top 5 pieces we couldn’t stop thinking about and for no good reason
7. Elon Musk is now the richest person in the world, passing Jeff Bezos
8. The US Won’t Tax French Luxury Goods by 25% After All
AKLC COMMENT(S): Thats great!!
Louis Vuitton lovers can breathe a (temporary) sigh of relief.
The U.S. Trade Representative (USTR) is pressing pause on its plans to impose tariffs on French luxury goods. The course of action was set in motion as a retaliatory strike against France, which in November issued a three percent levy against some revenue generated by Big Tech, including the American firms Google, Facebook and Amazon. Under the original provisions that have since been sidelined, an extensive list of French imports worth $1.3 billion would have been subject to an additional 25 percent tariff, according to Business of Fashion. That list included everything from cosmetics to handbags, both categories from which French luxury brands make a mint.
9. GQ Exclusive: A first look at Maison Shantanu & Nikhil’s first ever fragrance
AKLC COMMENT(S): This is amazing 👏
Maison Shantanu & Nikhil is starting the year on a heady note–notes of leather, clary sage, and tonka bean, to be exact. With the spicy aromatic ‘Independence’, the brand makes it entrance into the world of fragrance for the first time ever. GQ chatted with designers Shantanu and Nikhil about the fragrance, its luxe notes and esthetic, and what it symbolises for the brand as we walk into 2021…
10. Corona-hit Cannes may finally get a summer screening this year
AKLC COMMENT(S): Hopefully & looking forward for the best
The Cannes Film Festival, the world’s biggest, may be pushed back to the summer this year from its usual May date because of the Covid crisis, organisers said.
Article link: https://economictimes.indiatimes.com/magazines/panache/cannes-may-be-put-off-till-summer-due-to-covid-19-crisis/articleshow/80153992.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst
11. Rihanna literally took over the Burj Khalifa to launch her skincare range in Dubai
AKLC COMMENT(S): This is really a luxury to launch your own brand with this grandeur.
Talk about grand product launches! Living up to her pop-star image, Rihanna recently launched her much-awaited skincare range – Fenty Skin from the sides of the iconic Emirati structure- the one and only- Burj Khalifa!
12. In the age of Covid, ‘Virus free air’ is the newest and the most lucrative amenity offered by luxury hotels
AKLC COMMENT(S): Interesting but will people actually pay extra for a virus free air?
Travel during the time of the coronavirus is nothing short of hiccups. However, in easing our woos to some extent, hotels are now offering virus-free or purified air as an amenity to guests. Yes, that’s right! From HEPA air filtration to plasma “air cleaning” systems, properties are now advertising clean and good air as part of their guest experience, but is it really working?
13. Loungewear and China are key for Fast Retailing success in Q1
Clothing brand Uniqlo’s Japanese owner on Thursday said operating profits were higher than pre-pandemic levels in its first quarter, boosted by China’s resurgence and strong demand for stay-at-home clothes like jogging pants and loungewear.
14. Virgil Abloh’s Louis Vuitton Concept Store Boosts Digital Only Men’s Paris Fashion Week
AKLC COMMENT(S): What a smart innovative move!
In his first Paris residency for the Louis Vuitton collection Virgil Abloh helms, the men’s Artistic Director honed-in on one of the few places left where folks can safely gather; a retail concept store, to celebrate the luxury brand’s male universe. But he didn’t stop there adding another spot people can safely intermingle – a custom-made outdoor “skate adventure” park as well as connecting fans where they have been the last year, online, with a digital AR experience. Collectively the events were dubbed “Louis Vuitton: A Walk in the Park”. The activations cumulated with the Fall-Winter 2021 collection that laid the groundwork for rich creative marketing material for the retail goods come fall.
15. Singapore Airlines hopes to become the first ‘fully-vaccinated’ airline in the world
The woes of travel have been intense thanks to COVID. However, in making things easier and safer for us, Singapore Airlines has announced plans to become fully vaccinated in the days to come. This means that we no longer need to worry about contracting the virus from the airline’s crew members and staff.
The carrier has confirmed that its pilots, gate agents, flight attendants, and anyone whose job requires contact with the public have been offered free coronavirus vaccines (the two-dose Pfizer) by the Singaporean government.
16. Are ‘luxury mystery boxes’ the future of discount shopping?
AKLC COMMENT(S): 70% of our Instagram audience said they would be interested in a luxury mystery box!
Upstart luxury liquidators like Heat and Scarce are offloading surplus clothing from labels like Off-White and Saint Laurent with a twist: The customers have no idea what they’re actually buying.
Last year, as part of a wave of retail-store closures, discount retailers Century 21 and Stein Mart filed for bankruptcy. Coronavirus, which slowed Americans’ shopping to a crawl, certainly played a part in their fall—and left many of the brands, stores and factories that had relied on these once-beloved “close-out retailers” holding a surfeit of new clothes that no one was really buying.
17. The demi-fine jewellery boom: Is luxury next?
In the world of Zoom, Teams and Google Meet, a wave of young consumers are investing in demi-fine pendants, earrings and chains to elevate their everyday wear on screen — without the fine jewellery price tag.
Demi-fine is a category popularised first by luxury e-tailer Net-a-Porter for a new swathe of brands focused on trend-led, affordable pieces using precious metal. While the jewellery market declined 18 per cent from 2019-2020 according to Euromonitor, demi-fine brands like Missoma, Catbird, Monica Vinader and Maria Black have seen double-digit growth.
18. Luxury carmaker BMW to bring 25 new products in India this year
AKLC COMMENT(S): Glad to know that the demand is on a surge in India for automobiles!
German luxury automotive group BMW plans to bring 25 new products in India this year as it looks to accelerate sales growth, leaving behind the worst of the coronavirus pandemic.
The company, which on Thursday launched its BMW 3 Series Gran Limousine priced between Rs 51.5 lakh and Rs 53.9 lakh (ex-showroom Delhi), expects growth in India to be in double digits this year on the back of an increasing demand for personal mobility and people indulging in luxury cars as international travels and holidays are curbed due to COVID-19.
“As far as our business is concerned, the worst of coronavirus is behind us. In 2020 we saw business shut…This year we expect the full 12 months to be operational as compared to around eight months last year. Demand is also picking up,” BMW Group India President Vikram Pawah told PTI.
19. Why luxury brands are turning to arthouse directors for online shows
AKLC COMMENT(S): Showcasing creativity in todays time!
With the pandemic forcing Paris Fashion week online, haute couture designers have turned to celebrated arthouse filmmakers to give a little spectacle to their presentations, even if some admit a growing desperation to return to live shows.
In these uncertain times, the fashion world needs a touch of magic more than ever and Dior drafted in Italian director Matteo Garrone for their latest collection inspired by tarot cards.
20. Louis Vuitton is all set to open a chocolate shop in Tokyo
AKLC COMMENT(S): Brilliant move to open more touchpoint 👏
After opening its very first restaurant in Osaka, Louis Vuitton is now set to launch a chocolate shop in the Japanese Capital. The marquee will open the cocoa wonderland alongside a new café, Le Café LV, on the top floor of the seven-story Ginza Namiki building in Tokyo.
Introduced with a vision to connect with Japanese audiences, Le Café LV and Le Chocolat V will both function as casual outlets that will be open for all. They will serve chocolates imprinted with the LV monogram (in boxes of four, nine, 16, and 125 pieces) alongside coffee and a range of other snacks.
21. With Rolex, Patek Philippe and Zenith on Display, the World’s Biggest Watch Show Is Changing Format for 2021
AKLC COMMENT(S): Kudos 👏
Watches & Wonders, now the world’s largest watch trade show after the cancellation of the longstanding Baselworld fair in Switzerland, is rethinking how it will present new releases for 2021. Scheduled to be held virtually for the second year in a row, during April 7 through April 13 in Geneva, this time around the affair will return to its roots in a more exclusive format for press, retailers and VIP collectors only. Last year, the digital platform was available to the public. The Shanghai edition, however, will take place a few days after Geneva with select guests invited to attend in person, thanks to an improving Covid-19 situation in China.
22. First ever Arab fashion week for men kicks off virtually
AKLC COMMENT(S): Wow!
Designer Furne One of Amato Couture, loved in Dubai for his ethereal designs, opened the unprecedented event with a fall/winter 2021-2022 collection entitled “The First Temptation”.
Set in the desert, the models all wore white, including lacy hoodies and pants. The traditional dishdasha robe worn by men across the Arab Gulf was featured, but revisited with a slit down the front.
23. From December, Disney will run luxury cruises to Antarctica
AKLC COMMENT(S): Amazing! Wish to experience this soon
If you’re someone who cannot have enough travel, here’s something that will interest you. In fueling your thrill-seeking desires, Disney Expedition Cruises is also set to offer guests an exciting trip to Antarctica for the very first time!
Planned in collaboration with luxury French cruise line -Ponant, the 12-day, 11-night sojourn starts with a night at the Sofitel Buenos Aires and a flight to Ushuaia, the world’s southernmost city and gateway to Patagonia. The itinerary further includes a pit stop at Tierra del Fuego National Park and the End of the World Post Office, along with a catamaran ride through the Beagle Channel.
24. Boomers Are Going to Drive a Silver Surge
Companies long to partner with the Kardashians. Over the past couple of years, we have seen beauty leader Coty Inc., for example, strike cosmetics deals with both Kim Kardashian and Kylie Jenner to appeal to young, social-media-savvy shoppers. Before that, Kendall Jenner was the face of an Estee Lauder Cos. Inc. collection targeting millennials.
Many companies have tended to neglect baby boomers, focusing instead on winning over millennials and Generation Z. The strategy could cost them dearly this year. Older generations are set to get vaccinated first. Once they’re inoculated and free to venture out again, they could drive a silver surge in spending — in some of the worst-hit corners of the economy.