1. Alexander McQueen And Vestiaire Collective Make It Easier To Buy Second-Hand High-End Fashion
AKLC COMMENT(S): Pre-loved luxury is the thing!
Luxury fashion brand Alexander McQueen has partnered with Vestiaire Collective, a digital marketplace for pre-owned luxury and designer fashion, to make its lightly worn clothing easier to buy second hand—a process known as ‘circular practice’ in the fashion industry.
2. Swiss Watch Brand HYT Has Filed for Bankruptcy
AKLC COMMENT(S): Sad to hear this 🙁
HYT, the ultra-niche Swiss company known for watches that tell time via capillaries filled with fluid, has filed for bankruptcy. According to a letter published on the Watchuseek forum and written by the chairman, Patrick Berdoz, and COO, Michel Nieto, HYT was not able to raise the capital it needed, “due to a blockage from institutional shareholders.” Nieto will now take the reins as CEO in an effort to bring it back from the brink of collapse.
3. This Bonkers Space Hotel Aims to Open in 2026, and It’ll Take Your Reservation Now
AKLC COMMENT(S): Wish to experience this soon!👏
A new hotel wants to make your next vacation out of this world. Orbital Assembly Corporation has announced plans to begin construction on what could turn out to be the first space hotel in 2026, reports The Washington Post. Voyager Station, as it’s called, won’t just be a place to stay; it will also include restaurants, a movie theater and a spa.
4. Mango invests €42 million in new corporate facilities in Barcelona
AKLC COMMENT(S): Amazing!
Mango is investing in new corporate facilities, the Mango Campus, extending over 93,400 m2 and costing €42 million. Conceived as an R&D and innovation centre, the new structure will be fully operational in 2024 and is designed to “cater to the company’s new organisation.”
5. Covid-19 sped up existing trends in the luxury market: Bvlgari Group CEO
Jean-Christophe Babin talks to Forbes India on the impact of the pandemic on the luxury sector
The hospitality sector, one of the hardest hit last year, has entered a phase of recovery. More and more people are now getting out for short vacations or workations at a location within India, given that International travel is still risky and the options are limited. In such a scenario, luxury hotels, even at places that mostly got traffic over the weekend, are now fully occupied throughout the week.
7. Phil Collins’s Ex-Wife Will Auction Watches From Rolex, Patek Philippe, Richard Mille and More
A Rolex GMT-Master II Meteorite “Pepsi” (estimate $50,000-$70,000), a Patek Philippe 5711R (estimate $9,000 to $120,000) and a Richard Mille RM 11-03 (estimate $300,000-$400,000) are just a few of the high-ticket items from Phil Collins’ ex-wife Orianne Cevey available in an upcoming sale at Florida-based auction house Kodner.
8. The Ferrari Monza SP1 Is the World’s Most Beautiful Car, According to Science
AKLC COMMENT(S): Gorgeous!
Gearheads have been arguing about the most beautiful car since the automobile was first invented. Now they may finally have their answer.
After analyzing nearly 200 performance vehicles, Carwow has named the 2019 Ferrari Monza SP1 the world’s most beautiful car. The determination was reached not through “expert” voting or other subjective criteria for that matter. Rather, the British car-selling platform applied the Golden Ratio to the vehicle’s design, which found the Italian marque’s retro futuristic speedster came closest to achieving the “perfect proportions.”
9. To Celebrate His 60th Birthday, the Ken Doll Is Getting Dressed Up in Berluti
To celebrate six decades of the figurine’s enduring status as an avatar for evolving masculinity (and, of course, as an unfailing partner to Barbie), Mattel has teamed up with Berluti to create three one-of-a-kind versions of the doll. Each of them is dressed in miniature versions of the Parisian menswear brand’s recent clothing collaboration with artist Brian Rochefort, the Los Angeles-based ceramicist known for his use of bright color and organic forms. On humans and on the dolls, the clothes span tailoring, sportswear, sneakers and accessories—there’s even a tiny version of the brand’s signature leather Nino pouch. The trio is accompanied by a version of the Berluti buggy, originally created in partnership with Barbie’s sister brand Hot Wheels.
10. Prada’s CEO sees 2021 sales growing to 2.9-3.1 billion euros
AKLC COMMENT(S): 👍
Italian fashion group Prada expects revenues to grow to 2.9-3.1 billion euros this year after a pandemic-driven fall to 2.42 billion euros in 2020, CEO Patrizio Bertelli told Reuters.
Bertelli said the company planned to remain independent and remained focused on internal growth while not excluding brand acquisitions, should opportunities arise.
11. Fashion Designer Vera Wang Partners With Chopin On New Limited-Edition Vodka
AKLC COMMENT(S): 60% of our Instagram audience said they would like to indulge in this.
Poland’s Chopin Vodka and iconic designer Vera Wang have created a limited-edition collaboration, Vera Wang x Chopin, set to launch in the U.S. this spring for $99 per bottle.
AKLC COMMENT(S): Interesting!
Ralph Lauren Corp. has released a circularity strategy to further its sustainability goals that focuses on three pillars: design for circularity, establish circular experiences for consumers and advance a circular product economy.
13. Police in China bust an ultra sophisticated operation of fake Louis Vuitton bags worth $15.4 million – They even embedded bags with NFC chips to verify authenticity
It isn’t uncommon to see counterfeit goods being sold in the market. And in busting one such racket, the Chinese Policemen recently shut down a sophisticated counterfeit Louis Vuitton operation that netted over $15.4 million.
Article link: https://luxurylaunches.com/fashion/police-in-china-bust-an-ultra-sophisticated-operation-of-fake-louis-vuitton-bags-worth-15-4-million-they-even-embedded-bags-with-nfc-chips-to-verify-authenticity.php
14. Hermes goes vegan, luxury giant unveils mushroom-based leather bag made from fine mycelium
AKLC COMMENT(S): Wow!
It’s high time we give up animal-based leather products. And believing in the same ethos is Hermès. The brand has recently unveiled an exclusive mushroom-based leather bag that is made using fine mycelium in association with MycoWorks.
15. Eat, drink and takeaway: Delhi’s first-ever experiential luxury liquor store is here
Cheering to the new normal, you can now get the best of rare and vintage alcohol beverages from around the world in Delhi’s first-ever experiential luxury liquor store, Delhi Liquor Co., which opened this week at the South Square Mall in Sarojini Nagar. And when we say experiential, it’s more than drinks.
16. Chanel celebrates the 100th anniversary of the No 5 perfume with a 55.55-carat diamond necklace akin to the bottle
Chanel no 5 is the most iconic perfume by the luxury brand and it turned 100 years old. That’s no mean feat for which Chanel is leaving no stone unturned. This momentous occasion was celebrated last year with an impressive lunar campaign video for the ever-popular, sparkly floral fragrance starring Marion Cotillard wearing a dazzling embellished Chanel dress dancing and spinning across the lunar craters. It’s not every day that a Chanel perfume (or any perfume in the world) turns 100, which is why the French house is marking the milestone in the form of a diamond necklace. The necklace features an enormous, emerald-cut diamond weighing 55.55 carats along with 104 round and 42 baguette diamonds that recreate the perfume bottle stopper’s profile and the bottle’s shape. The dazzling D flawless diamond is exceptional in the truest sense of the term and celebrates all the prized perfume facets with unimaginable grandeur. Take a closer look at the design, and you will notice the necklace’s fastener is shaped like the number five. The stunning pendant is supported by a cascade of pear-shaped diamonds of varying sizes.
17. No pranks here: Gucci is selling sneakers for $12 (but you cant wear them)
AKLC COMMENT(S): A very bold move!
Gucci is no stranger to using AR as Gucci’s smartphone app allows consumers to try on its watches and also teamed up with Snapchat for an AR filter that allows users to try and buy sneakers virtually. All these products were tangible and ultimately became a part of your wardrobe. Gucci seems determined to tread the uber-trendy NFT space and is now offering virtual sneakers that could well be the Italian company’s most egalitarian pair to date, for a measly $11.99 but you can’t actually wear them. The Italian luxury house has partnered with the virtual sneaker app Wanna release its first augmented reality sneakers, which come as a package of 25 pairs available for as low as $9 (on the Wanna app). Users can virtually try on all 25 AR sneakers and are targeted at tech-savvy Gen Z consumers who may not yet be able to afford Gucci’s physical products but can make it a mission to own them sooner than later on trying. Gucci and Wanna have promised an unlimited quantity of shoes that are interchangeable between consumers.
18. New Bentley Bentayga SUV launched at a whopping ₹4.10 cr
AKLC COMMENT(S): Amazing, right?
Bentley has launched the new Bentayga in India. The new Bentayga is the first car launched under Bentley’s new Beyond100 business strategy which plans to put the company on track to become the world leader in sustainable luxury mobility. The Bentayga’s first generation was introduced in 2016 as a luxury SUV.
19. Bottega Veneta sells telephone cord necklace worth Rs 1 lakh. Internet is not impressed
Italian luxury fashion house Bottega Veneta is going viral online for the most bizarre reasons. The brand is selling a necklace that resembles a telephone cord. No, not the USB cables that we use every day. Rather, they look like a classic landline telephone cord – the old-school curly one. Additionally, they are worth USD 2,000 (Rs 1,45,189). Yes, you read that right.
20. Swarovski unveils new creative direction in Champs-Elysées boutique
AKLC COMMENT(S): The customer is indeed spoilt for choice 👏
Swarovski, the world’s premier crystal supplier, has unveiled its latest new concept store, named Instant Wonder, a high-color, full-immersion boutique which its new creative director Giovanna Engelbert refers to as a Willy Wonka candy store of crystal escapism.
21. China, Digital And Youth Boost Burberry, Prada And Luxury Fashion
AKLC COMMENT(S): Kudos 👏
U.K. luxury fashion retailer Burberry has upgraded its full-year profit forecast after a promising rebound in sales since December, driven by robust recovery in demand for its luxury goods in China and South Korea.
22. Dolce & Gabbana’s online sales heading for 13% share of revenue
AKLC COMMENT(S): Wow!
In the last year and a half, the luxury label’s online sales exceeded 10% of total revenue, enabling it to reach markets hitherto regarded as secondary, like the Balkans region, chiefly Croatia, Romania and Poland.
23. Jacob & Co. To Auction First Luxury Watch NFT In April
AKLC COMMENT(S): Great news!! To adapting and embracing the future trend!
Jacob & Co., the watch and jewelry company renowned for is use of diamonds, is adding a new facet to its business with the release of the first-ever luxury watch NFT.
24. This incredible $150,000 Star-Wars-themed watch has a Death Star replica on its dial and comes in a 1.2-meter storage box
AKLC COMMENT(S): Nice
Attention all Star Wars fans! We’ve brought you one of the coolest Star Wars-themed piece of Haute Horlogerie with a tiny Death Star right at the center of its dial. Behold the Star Wars x Kross Studio Ultimate Collector Set, which includes the stunning Death Star Tourbillon and a replica of the kyber crystal container – a movie prop seen in Rogue One: A Star Wars Story. Kross Studio is an independent Swiss company that debuted last year with the $29,900 Batmobile desk clock. The Death Star Tourbillon has been designed by Marco Tedeschi, one of Kross Studio’s founders, and it features a round-shaped 45mm case made out of black DLC-coated Grade 5 titanium. The highlight of the watch is its skeletonized replica of the Death Star that acts as the tourbillon cage. According to the company, “each realization of a Death Star-shaped tourbillon cage required 260’328 lines of code, which led to 483 operations on high-technology machines.”
25. The Oscars’ new red-carpet rules prove how out of touch Hollywood has been throughout the pandemic
The Academy is doing all it can to make the coronavirus all but invisible for the 2021 Oscars.
Hollywood’s best will have no option to attend the awards ceremony virtually, and the Academy is preparing for the in-person attendees with “specially designed testing cadences to ensure up-to-the-minute results, including an on-site COVID safety team with PCR testing capability,” as Insider’s Jacob Sarkisian previously reported.
26. As Burberry Faces Backlash In China Over Xinjiang Cotton, Other Luxury Brands Could Face Boycott
British designer Burberry is the first luxury brand to be targeted in China in a backlash against western sanctions imposed over alleged human rights abuses in the Xinjiang region, following on from retailers including H&M and Nike that were boycotted by Chinese shoppers this week after they voiced concerns about cotton sourced from the Chinese region, one of the world’s top cotton producers.
27. Adar Poonawalla rents London mansion for $69,000 a week in Mayfair record: report
AKLC COMMENT(S): omg!
The head of the world’s largest vaccine manufacturer agreed to rent a property in Mayfair for about 50,000 pounds ($69,000) a week, a record for the exclusive London neighborhood, according to two people with knowledge of the transaction.
28. Post-Pandemic Luxury Travel
Once the pandemic subsides, luxury clients are considering a wide range of destinations and experiences that virtually blanket the globe, travel advisors said.
“My clients are looking for all sorts of off-the-beaten track vacations,” said Gloria Hobbins of Global Village Travels. “They have been reading and watching lots of virtual stuff and now want to experience hot-air ballooning in New Mexico, the Orient Express to Istanbul, sailing the Grenadines, climbing Mount Kenya and on and on.”