November 2019: Luxury News
Rose The Watch Bar Celebrates Bvlgari’s Serpenti Seddutori Collection
November 15, 2019
December 2019: Luxury News
January 2, 2020
1. Prada Shares More Details About Upcoming adidas Collaboration
AKLC COMMENT(S): Luxury Collaboration with Street Style
Following on from the recent confirmation, Prada and adidas have revealed more details about what to expect from their long-term collaboration. As announced in WWD, December 2019 will see the release of two Prada for adidas silhouettes, which will be made by Prada in its factories in Italy.
This will then be followed up with a second collaborative capsule, arriving in early 2020 and featuring performance sailing footwear from Prada’s Luna Rossa line. Announcing the plans for the collaboration, Prada added that, “The aim of this partnership is to investigate the realms of heritage, technology and innovation. Prada for adidas is a laboratory for new ideas, a vehicle for creativity.”
Article link: https://hypebeast.com/2019/11/prada-adidas-originals-collaboration-official-confirmation
2. 5 Over-the-Top Hotel Bathrooms Worth Booking a Trip to Europe For
AKLC COMMENT(S): True Luxury 😀 Love such bathrooms
These exceptional en suites feel more like private spas. Though a bathroom is a necessity it need not be humdrum. These over-the-top en suites—with elevated design and next-level pampering—prove that bathrooms can double as your own private spa. These sanctuaries promise to take robe-clad travelers to new heights—and they’re well worth flying across the pond for
Article link: https://robbreport.com/travel/hotels/gallery/5-extreme-en-suites-europe-2879181/
3.Gucci’s first-ever U.S. pop-up store to debut at Cherry Creek Shopping Center
AKLC COMMENT(S): Tooty Fruity 😛
Gucci Pin, as it will be known, is set to open soon for holiday shopping. One sign that the pop-up trend has reached the mainstream: Gucci has jumped into the game. The Italian high-fashion brand, based in Florence and Tuscany, is rolling out a number of luxury pop-up stores in shopping malls around the world just in time for the holidays. Known as Gucci Pin, the brightly-colored, rectangular display will debut in the U.S. at Cherry Creek Shopping Center on Nov. 15.
Article link: https://theknow.denverpost.com/2019/11/07/gucci-pop-up-denver-cherry-creek/228275/
4.Why luxury brands like Christian Dior have a strong DNA
When American jeweler Tiffany & Co opened the first international Tiffany Blue Box Café in Hong Kong last month, fans were immediately impressed by its aesthetics and glamour.
The attraction stems in part from its association with the 1961 classic Breakfast at Tiffany’s. The Tiffany Blue Box Café materialized the exquisite universe created by the brand, which had been made even more compelling by the film and communicated to a global audience.
What is so compelling about the way luxury brands convey their identities that leave an ever-lasting impression on us? Ultimately, it boils down to building a strong and very individual identity – a brand DNA.
Article link: https://www.thedrum.com/opinion/2019/11/06/why-luxury-brands-christian-dior-have-strong-dna
5.What Your Luxury Brands Need to Survive Today
AKLC COMMENT(S): Must Read. Very Important!
The question I’m asked most consistently these days is why has brand storytelling becoming so important? Shouldn’t the product and craftsmanship matter most in luxury? Here is the problem with that train of thought:
When established luxury brands try to reverse their sluggish sales and boost profitability, one usually sees a typical pattern. There’s too much internal focus on the product and not enough emphasis on building brand equity and creating value for customers — especially younger customers.
Article link: https://jingdaily.com/what-your-luxury-brands-need-to-survive-today/
6. Watches of Switzerland and Stadium Goods Team Up for the Ultimate Exhibition of Sneakers and Timepieces
AKLC COMMENT(S): What an interesting combo. Boys and their toys 😉
15 Ultra-rare sneakers and high-end timepieces meet their match. It’s no secret that watch collecting and sneaker collecting have a lot in common. The fervor for both passions is high enough that Watches of Switzerland and Stadium Goods are working together to honor their symbiotic hype. On Thursday night, the two retailers are hosting a private event to inaugurate “Sneaker Time,” which puts both obsessive collecting cultures on full display in an exhibition at Watches of Switzerland’s Soho boutique.
7. Louis Vuitton’s New Future-Inspired Collection Features Duffles That Turn Into Sleeping Bags
AKLC COMMENT(S): Would you try this?
There’s also a coat with a detachable backpack and trousers with removable cargo pockets. Founded in 1854, Louis Vuitton is perhaps the textbook heritage brand. Everything it sells seems swathed in a lacquer of French luxury. But how does a brand like that stay relevant? And what will its products look like far into the future? The latter is precisely the question that catalyzed the brand’s artistic director of menswear, Virgil Abloh, to create the future-themed 2054 collection, his latest for the house.
8. Burberry aims to woo more customers in China with Tencent tie-up
AKLC COMMENT(S): Woww !
Burberry said it will open a so-called “social retail” store in Shenzhen in China’s technology hub powered by Tencent technology in the first half of next year that will blend retail and social media to create digital and physical spaces aimed at attracting customers.
9. Prada becomes first luxury brand to sign loan tied to sustainability targets
AKLC COMMENT(S): Great news
Prada has signed a £42.9 million loan with banking group Crédit Agricole, with repayment terms conditional to meeting key targets around the sustainability of its products and operations.
According to Prada – which also owns subsidiary brand Miu Miu – this marks the first time that a luxury brand has procured a sustainability-linked loan.
In these transactions, the lender’s meeting of certain social and environmental goals is incentivised through the favourable or unfavourable adjustment of interest rates.
Article link: https://www.dezeen.com/2019/11/13/prada-sustainability-loan-design/
10. How Will Chinese Luxury Shoppers React to Price Increases?
It’s no secret that luxury brands have not had it easy in the Greater China market this year — for myriad reasons — but, surprisingly, this has not necessarily translated to a major slowdown in that crucial market. Despite a dragging U.S.-China trade war, a Hong Kong luxury market that remains effectively on ice, and this summer’s yuan devaluation, mainland Chinese consumers continue to shop for luxury both at domestic stores and online.
Article link: https://jingdaily.com/how-will-chinese-luxury-shoppers-react-to-price-increases/
11. Dubai Is Building Too Many Malls
AKLC COMMENT(S): Today’s growth may or may not convert into future growth.
Five years after oil plummeted, the overdeveloped desert city is still struggling. But retail construction is booming. A desert city of gleaming skyscrapers and wealthy foreigners accustomed to packed, air-conditioned shopping malls, Dubai has developed an unexpected problem in recent years: empty storefronts.
Articlelink: https://in.fashionnetwork.com/news/Lvmh-buys-stake-in-madhappy,1146228.html
12. Your Introduction to the Gen-Z Consumer
AKLC COMMENT(S): Very enlightening! Must read
In spite of their general resistance to marriage and procreation, millions of millennials have nonetheless embarked upon the adventures of family life. Yet once they embrace parenthood, their priorities and spending habits change from a focus on frivolities and leisure activities to parenting products and services. Therefore, the luxury industry came up with a contingency plan by turning its focus toward Generation Z. Both generations remain relevant, but Gen Zers are credited with bringing new blood into streetwear culture while helping to modernize classic brands like Gucci and Saint Laurent.
Article link: https://jingdaily.com/luxury-brands-china-gen-z-gucci-saint-laurent/
13. Pharrell Williams’s Richard Mille Collaboration Is Literally the Watch of His Dreams
The watch, which features an astronaut gazing down on earth on its dial, costs $969,000. Pharrell Williams’s first watch with Richard Mille isn’t just the timepiece of his dreams, it’s directly inspired by them. Unveiled on Thursday, the watch’s dial features an astronaut on Mars gazing down upon the Earth, an image that first came to the singer, a huge Star Trek buff, during his sleep.
Article link: https://robbreport.com/style/watch-collector/pharrell-williams-richard-mille-collaborate-on-1-million-watch-2880845/
14. Watchbox partners with Ahmed Seddiqi & Sons to open Dubai store
AKLC COMMENT(S): Wow!
One of UAE’s well-known luxury watch and jewellery retailers and Ahmed Seddiqi & Sons have signed a joint venture with Watchbox, a global platform for buying, selling and trading pre-owned luxury watches. The renowned retailer deals with over 60 luxury watch and jewellery brands across 50 locations in the UAE. Through this association, the two brands have announced to open a flagship boutique of the Philadelphia-based Watchbox in Dubai International Financial Centre (DIFC). Before the store launch, Watchbox will also participate in the upcoming Dubai Watch Week 2019.
Article link: https://www.luxebook.in/watchbox-signs-a-partnership-with-ahmed-seddiqi-sons-to-open-dubai-store/
15. More Indians flying overseas to shop for cheaper luxury goods
AKLC COMMENT(S): Indians love luxury
UK, France and NY top attractions as big brands offer huge discounts, logistical support. La Vallée Village in France, which is home to brands such as Armani, Jimmy Choo, Givenchy and Versace, has been organising trade events in India and saw visits by Indians increase 40% last year. NEW DELHI: More Indians are travelling overseas to shop for luxury goods because its simpler, more convenient and cheaper than buying locally, retailers and marketers said.
16. Best luxury advent calendars for Christmas 2019
AKLC COMMENT(S): So Creative! Getting all the right Christmas feels
As decorations start to go up around town and anticipation builds, the countdown to Christmas Day is officially on. And for those who want to start the festivities a little early this year, here are six of the finest luxury advent calendars for Christmas 2019.
Article link: https://www.theweek.co.uk/97798/christmas-best-luxury-advent-calendars
17. LVMH targets tourist shoppers with revamp of historic Paris store
AKLC COMMENT(S): Can’t wait to discover the revamped store
Spending by visitors to France remains a major source of income for high-end brands, even if Chinese shoppers, the industry’s number one clientele, are starting to buy more at home, encouraged by import duty cuts among other incentives. PARIS – Luxury goods group LVMH aims to grab a greater slice of tourist spending in Paris as of next April when it relaunches La Samaritaine, a 150-year-old department store that will house a hotel and shops and rival the likes of Galeries Lafayette.
18. Ulysse Nardin Just Debuted Three Dive Watches That Can Handle Extreme Conditions
They’ll be put to the test in Antartica, the Caribbean and the world’s toughest solo sailing race. Ulysse Nardin just launched a slew of new dive watches. The brand has been known for its marine chronometers and seafaring instruments since it was founded 173 years ago. But now the brand is taking its history up a notch. Owned by Kering—the French luxury conglomerate that also owns big name brands like Balenciaga and Gucci—since 2014, Ulysse Nardin hosted a huge dinner in honor of the new watches at the group’s headquarters in Paris last week. Kering-founder and French billionaire François-Henri Pinault was in attendance, suggesting that, five years into the acquisition of Ulysse Nardin, he’s ready to put some wind behind its sails. (He was also reportedly a collector of Ulysse Nardin before Kering purchased the company.)
Article link: https://robbreport.com/style/watch-collector/ulysse-nardins-new-diver-watches-celebrate-2020-vendee-globe-yacht-race-2882315/
19. Victoria’s Secret opens first store in Mumbai
Lingerie and beauty Retailer Victoria’s Secret has entered the city of Mumbai by partnering with Mumbai Duty Free for the launch of its first store at the Chhatrapati Shivaji International Airport, Mumbai, in Terminal 2. The store will house a range of best-selling and newly launched beauty products, sleepwear, apparel, and accessories. Additionally, the store will also offer functional accessories like cosmetic cases, bags, luggage, keychains, and passport covers.
Article link: https://in.fashionnetwork.com/news/Victoria-s-secret-opens-first-store-in-mumbai,1160757.html
20. A Makeup Museum Showcasing Beauty Trends From Different Eras Is Coming in 2020
AKLC COMMENT(S): Wow, this is amazing!
The makeup industry has seen an unprecedented boom in the past few years. Just look at the different kinds of beauty products that have been launched. There’s an entire range of makeup to create a ‘no-makeup makeup look’! And the sheer number of brands that have come up? From homegrown brands to celebrities launching their own lines! While it might all seem new an overwhelming, the beauty industry has had quite the history. And now the world’s first ever Makeup Museum might just be chronicling and showcasing it all for you to see!
Article link: https://in.mashable.com/culture/8735/a-makeup-museum-showcasing-beauty-trends-from-different-eras-is-coming-in-2020
21. Tiffany is latest jewel for French luxury group LVMH’s crown
AKLC COMMENT(S): Congratulations
French luxury group LVMH has agreed to buy New York jeweler Tiffany & Co.for $16.2 billion, adding a famed star to its portfolio that already boasts Louis Vuitton, Christian Dior and Bulgari.
PARIS – French luxury group LVMH has agreed to buy New York jeweler Tiffany & Co. for $16.2 billion, adding a famed star to its portfolio that already boasts Louis Vuitton, Christian Dior and Bulgari.
LVMH said in a statement Monday it will take over the 182-year old Tiffany and its 300 boutiques worldwide at $135 a share. The price tag is higher than the $14.5 billion cash offer LVMH made last month.
22. America’s Most Expensive Thanksgiving Dinner Will Set You Back $181,000
AKLC COMMENT(S): OMG! WHAT !!
That’s roughly 3,700-times the average Thanksgiving feast in America.If you really want to one-up your friends come Turkey Day, this Thanksgiving dinner is truly one for the books. New York’s Old Homestead Steakhouse—which has been satiating carnivores in the Meatpacking District since 1868—is offering a six-figure “Thanksgiving Experience” which promises a lavish feast along with luxury gifts, five-star trips, and even Super Bowl tickets. All you need is $181,000.
Articlelink: https://robbreport.com/food-drink/dining/old-homestead-steakhouse-most-expensive-thanksgiving-2883746/
23. Prada and Adidas present the first results of their collaboration
Announced in early November, and without a doubt the most eagerly awaited collaboration of the end of this year, the debut products of the Prada and Adidas Originals tie-up — an all-white version of adidas’s iconic Superstar sneakers and a sporty version of Prada’s carryall bag — have been unveiled. Both of the new creations will be available for sale from December 4.
Article link: https://in.fashionnetwork.com/news/Prada-and-adidas-present-the-first-results-of-their-collaboration,1161713.html
24.Six Senses Transformed Two Historic Mansions in Istanbul to Create Its Newest Hotel
AKLC COMMENT(S): WOW
Opening December 1, Six Senses Kocataş Mansions is set right on the Bosphorus.The northernmost neighborhood on Istanbul’s European side, Sariyer is one of the bustling city’s more serene districts, one of elegant Ottoman-era villas, pine forests, ancient castles, and small fishing ports along both the Bosphorus Straight and the Black Sea shores. It’s fitting, then, that Six Senses—a brand known for its dedication to wellness, sustainability and local connections—has chosen this setting for its first Istanbul hotel. Officially opening December 1, Six Senses Kocataş Mansions occupies two historic mansions set on six-and-a-half acres along the Bosphorus waterfront.
Article link: https://robbreport.com/travel/hotels/six-senses-takes-over-two-historic-mansions-in-istanbul-for-its-newest-hotel-2883965/
25. A peek into Louis Vuitton’s new inner sanctum where the 1% get to shop
AKLC COMMENT(S): Thats amazing! A truly luxurious experience
A private “apartment” where only the VVIPs of luxury house Louis Vuitton can shop in absolute luxury and privacy is part of a $9-million refurbishment of its Australian flagship to be unveiled this week.
The Sydney store, on the prime corner of King and George streets, will join about 20 others worldwide, and the first in Australia, to offer the “maison” experience to its highest-spending clients, which may include the opportunity to dine in the space while they drop tens of thousands of dollars.
