October 2019: Luxury News
September 2019: Luxury News
September 30, 2019
Rose The Watch Bar Celebrates Bvlgari’s Serpenti Seddutori Collection
November 15, 2019
1. US and Indian shoppers boost luxe spend in Europe says Planet report
AKLC COMMENT(S): No denying that Indians love luxury!
The US may be worried about the chances of a domestic recession but travelling American shoppers are helping to boost the European retail market. US shoppers emerged as European retail’s fastest growing international market in Q2, continuing a year-long dollar-fuelled spending spree.
That’s according to the latest Planet Shopper Index (PSI), a composite measure from the tax-free payments specialist that combines retail sales and economic data to rank the 25 most active international shopping nations in Europe.
2. Techwear: high fashion meets technology with these new releases from LV and Gentle Monster
AKLC COMMENT(S): Luxury Dates Technology.
Fashionistas, die-hard members of the Nicolas Ghesquiere fanclub, and digital nomads with deep pockets, sit up and pay attention. Louis Vuitton has created special high-tech versions of their iconic Speedy and Duffle bags, which feature flexible OLED digital screens that can display moving images. Called Canvas of the Future, both bags are prototypes from their Cruise 2020 show – although calling them bags is probably understating the real extent of their capabilities.
Article link: https://www.luxury-insider.com/fashion-beauty/techwear-high-fashion-meets-technology-these-new-releases-lv-and-gentle-monster
3.Paris Fashion Week: All the Coolest Happenings You Need To Know
AKLC COMMENT(S): Look out for Tweed suits & Monochrome dresses 😉
27 days and countless numbers of shows later, Fashion Month has finally come to a close. To say that spring/summer 2020 has been nothing short of major is an understatement: From Marc Jacobs’ joyous and exuberant presentation in New York, to Jennifer Lopez’s show-stopping appearance on the Versace catwalk, the season generated enough headline-making buzz. Paris Fashion Week, the final stop on this extraordinary whirlwind, was the icing on the cake.
Article link: https://www.luxury-insider.com/fashion-beauty/paris-fashion-week-all-coolest-happenings-you-need-know
4. HOW POSITIVE LUXURY IS MOTIVATING TRAVEL COMPANIES TO BE MORE SUSTAINABLE
AKLC COMMENT(S): All about sustainability
If you really care about the planet, don’t travel. But is that realistic? Globetrender speaks with co-founder of Positive Luxury, Diana Verde Nieto, about how its “Butterfly Mark” is motivating luxury travel companies to be more sustainable.
What is Positive Luxury?
We assess luxury brands, from fashion to beauty to hospitality, based on their commitments to sustainability. The Butterfly Mark identifies those brands that meet the highest standards of verified innovation and environmental performance and offers transparency for consumers.
Each brand is unique, so each one is assigned a bespoke collection of Positive Actions that signifies their efforts and illustrates their sustainable and ethical business practices in a simple and consumer-friendly way
Article link: https://globetrender.com/2019/10/04/positive-luxury/
5. Gucci’s new pillow backpacks are here to help you travel in comfort and style
AKLC COMMENT(S): Would you carry this to make your travel comfortable?
Your morning commute just got upgraded.
Alessandro Michele’s recent spring/summer 2020 show was undeniably as Gucci as it gets. There were straitjackets, riding crops, black vinyl chokers, arm holsters filled with Gucci’s new bullet lipsticks, and last but not least, monogrammed pillow backpacks.
6. These Stars Drive World’s Most Luxurious Vehicles; See Pics
AKLC COMMENT(S): WOW!
Article link: https://www.news18.com/photogallery/movies/these-stars-drive-worlds-most-luxurious-vehicles-see-pics-1577697.html
7. The €780,000 Watch Stolen In Paris Is The Latest In A Spate Of High-End Thefts
AKLC COMMENT(S): That’s so sad 🙁
This week, a watch worth nearly €800,000 ($881, 000) was stolen from its owner’s wrist outside a hotel in Paris. It’s the 71st case of high-end watch theft to hit the French capital this year.
8. THE NEXT 25 YEARS OF BEAUTY
AKLC COMMENT(S): Here’s to great R&D and Technology
What incredible innovations are on our horizon?
Are you ready for packaging that disappears, hair that doesn’t go gray, and the real fountain of youth? With industry experts as our crystal ball, we predict how your beauty routine is changing now—and five, 10, even 25 years into the future. Get excited because…
Article link: https://www.marieclaire.com/beauty/a29343451/future-beauty-innovations/
9. Luxury hotels buck trend, register upward room rates
AKLC COMMENT(S): 🙂
The luxury hotel market is pinning its hopes for an across-the-board revival in the last quarter of the calendar year after GST was slashed to 18% from 28%.
NEW DELHI: Despite a slowdown in consumer spending and declining travel in the April-June quarter of the new financial year, luxury hotels in metro cities like Delhi/NCR, Mumbai and Bengaluru in India bucked the trend and continued to maintain upwardly stable room rates and occupancies this year, industry experts familiar with the developments said.
10. E-commerce players to generate $6 billion sales this festive season: Redseer
AKLC COMMENT(S): Whaaaat! wow. Congratulations :O
Consulting firm Redseer has in its latest report has said that e-commerce companies in India such as Flipkart and Amazon could generate up to $6 billion (Rs 39,000 crore) in sales this festive season.
Redseer said that there was a 30 percent year-on-year growth during the first festive sale event held by the etailers from September 29 to October 4 which registered sales of close to $3 billion or Rs 19,000 crore.
Article link: https://in.fashionnetwork.com/news/E-commerce-players-to-generate-6-billion-sales-this-festive-season-redseer,1145560.html
11. LVMH buys stake in Madhappy
AKLC COMMENT(S): Here’s to more street style!
Luxury conglomerate LVMH has acquired a stake in Madhappy, the American direct-to-consumer casualwear brand.
The Paris-based luxury behemoth made the investment via LVMH Luxury Ventures, a vehicle with the group.
The move marks the latest surprising investment by LVMH Luxury Ventures, which had previously taken minority stakes in Gabriela Hearst; Stadium Goods and Officine Universelle Buly, an ancient French beauty marque.
Articlelink: https://in.fashionnetwork.com/news/Lvmh-buys-stake-in-madhappy,1146228.html
12. Uniqlo records Rs 2.2 crore sales in first two days in India
AKLC COMMENT(S): That’s epic! Also one of our personal favourites 😉
Japanese fashion retailer Uniqlo recorded Rs 2.2 crore ($331,000) in sales during its first two days retailing in India after launching its first store in the country in New Delhi on October 4.
Uniqlo’s sales totalled Rs 2.2 crore from October 4 to 5 with sales from October 4 alone totalling Rs 1.2 crore, sources told ET Bureau. The business launched in India with a brick-and-mortar store opening in New Delhi.
Article link: https://in.fashionnetwork.com/news/Uniqlo-records-rs-2-2-crore-sales-in-first-two-days-in-india,1145708.html
13. The app that helps consumers transition to natural beauty products
AKLC COMMENT(S):
The demand for clean, non-toxic products is taking the beauty industry by storm, with empowered consumers calling for greater transparency from brands and retailers
Until recently, consumers were in the dark about some of the chemicals present in the products they used daily and the dangerous impact they could have on their bodies. Formaldehyde and benzene, for example, are among a number of chemicals that have long been found in hair and beauty products despite being recognised as carcinogens. Unfortunately, it’s taken some time for these health risks to become public knowledge. This is partly due to poor regulation in the cosmetics industry – in the US, self-regulation has been the norm for more than a century.
Article link: https://www.europeanceo.com/industry-outlook/the-app-that-helps-consumers-transition-to-natural-beauty-products/
14. WELCOME THE NEW MASTER
AKLC COMMENT(S): #FranckMuller #RanveerSingh #TimeAvenue
Franck Muller announces Ranveer Singh as their “Brand Master” for India
Franck Muller- a brand renowned as the “Master of Complications” just announced Bollywood superstar Ranveer Singh as the Brand Master for India amid great fanfare at an exclusive event in Mumbai today. A style cracker as always, Ranveer Singh was seen making a statement with his quirky neon blazer and a Franck Muller Steel Croco timepiece on his wrist.
Article link: https://www.watchtime.in/articles/news/625/welcome-the-new-master
15. POSITIVE WEEK: CAN THE LUXURY MARKET EVER BE SUSTAINABLE?
AKLC COMMENT(S): Sustainablity again
Celebrations are taking place in London for Positive Week to honour the brands making luxury goods more eco-friendly. You might be thinking, luxury – sustainability – can the two ever go hand in hand? Although you may deem them antithetical concepts, there is plenty of evidence that the luxury market is becoming more ethical, given they have the time and money to invest in materials and ingredients that will last. Luxury brands set an example further down the retail chain and therefore should be championing sustainability at their core, bringing us excellent products from trustworthy sources.
Article link: https://www.euronews.com/living/2019/10/16/positive-luxury-week-can-the-luxury-market-ever-be-sustainable
16. First Drive: Bentley’s Sporty 2020 Flying Spur Will Make You Forget You’re in a Sedan
AKLC COMMENT(S): Wow! Waiting to get that 😉
On a test-drive through Monaco, the British marque’s new 626 hp four-door proved elegant and agile.
You descend upon Monaco, and it feels as if you’re in a grand spectacle each time. The elegant pastel pink and cream buildings with balconies and terraces overlooking the shimmering Mediterranean exude a bit of panache. All of this is heightened when viewed from the back seat of the new Bentley Flying Spur, which boasts quite a bit of theater and spectacle itself.
Article link: https://robbreport.com/motors/cars/first-drive-2020-bentley-flying-spur-2874609/
17. Gucci, Louis Vuitton, Chanel: Luxury sees most brand value growth in 2019
AKLC COMMENT(S): Great News 🙂
Digital brands remain top of mind for consumers,but its the luxury sector that saw the most growth in 2019, according to the latest Interbrand ranking of the Best Global Brands, released on Thursday.
According to the Interbrand report, Apple, Google and Amazon retained their hold on the top three rankings. Facebook, however, which first entered the Best Global Brands report in 2012, dropped five places from #9 in 2018 to #14 this year.
Article link: https://in.fashionnetwork.com/news/Gucci-louis-vuitton-chanel-luxury-sees-most-brand-value-growth-in-2019,1148813.html
18. Net-a-Porter and Jimmy Choo team up for exclusive red carpet capsule
AKLC COMMENT(S): Wow
E-commerce giant Net-a-Porter and British luxury brand Jimmy Choo have collaborated for the first time to launch a capsule collection of 13 exclusive red carpet styles made up of 10 shoes and three bags.
The collection taps Jimmy Choo’s savoir-faire when it comes to dressing celebrities for the red carpet. According to Net-a-Porter, the capsule “takes the idea of red carpet dressing, reimagined for the Net-a-Porter customer and made up of sophisticated yet playful styles that set the tone with signature designs realised in luxurious chantilly lace, satin and suede.”
Article link: https://fashionunited.in/news/fashion/net-a-porter-and-jimmy-choo-team-up-for-exclusive-red-carpet-capsule/2019101422963
19. Gucci Kicks Off Skateboarding-Inspired Watch Campaign With Art Mural
AKLC COMMENT(S): Amazing
The brand collaborated with skaters around the world and with artist Kieron Livingstone.
LONDON — Gucci is taking to the streets for its latest watch campaign, Gucci Grip, named after the grip tape that skateboarders use. The brand has collaborated with skaters in cities including London, Paris, Tokyo, Shanghai and Seoul, for the new campaign.
Article link: https://wwd.com/fashion-news/fashion-scoops/gucci-kicks-off-skateboarding-inspired-watch-campaign-with-art-mural-1203346864/
20. Why Is Louis Vuitton Opening a Workshop in Texas?
AKLC COMMENT(S): –
Next week, Donald Trump will go to the small town of Keene, Texas, and cut the ribbon on a brand-new, 100,000-square-foot Louis Vuitton workshop called the Louis Vuitton Rochambeau Ranch. It’s an unlikely location for the Parisian house to open a workshop, for sure. The president will tour the workshop and give a speech about job creation, a White House official confirmed with the Fort Worth Star Telegram. LVMH chairman Bernard Arnault and more than 150 Louis Vuitton employees will join Trump, Ivanka and Jared Kushner, and former Texas governor Rick Perry at the ribbon cutting.
Article link: https://www.thecut.com/2019/10/why-is-louis-vuitton-opening-a-factory-in-texas.html
21. Luxury brands are working with video games. Louis Vuitton is the latest to get in on the act
AKLC COMMENT(S): So cool
New York (CNN Business)Louis Vuitton’s logo is known the world over, and now its luxury products are finding their way inside video games. The French designer is making virtual items in a game called “League of Legends” that people can buy with real money.
It’s part of a new deal announced Monday, the latest in a growing trend of luxury brands teaming up with video games as they seek to find new digital audiences.
Article link: https://edition.cnn.com/2019/09/23/tech/luxury-brands-video-games/index.html
22. Hermès defies Hong Kong turmoil as Chinese demand buoys sales
AKLC COMMENT(S): –
Thriving demand in mainland China drove sales higher at luxuxy brand Hermès in the third quarter, helping the Birkin-handbag maker offset a slowdown in Hong Kong, and the company said on Thursday that the momentum had carried into October.
Several months of pro-democracy demonstrations in Hong Kong, which descended into clashes earlier this week, have forced France’s Hermes and other luxury goods labels to temporarily shut stores and lose out on business in a key shopping hub.
Articlelink: https://in.fashionnetwork.com/news/Hermes-defies-hong-kong-turmoil-as-chinese-demand-buoys-sales,1150800.html
23. Patricia Gucci’s new adventure is Aviteur
AKLC COMMENT(S): All the best
Few people have more famous family names in fashion than Patricia Gucci, even if she cannot really use it. Which seems a tad unfair, given the quality of her latest project – Aviteur, a new and genuinely high-end luxury luggage brand.
A rather discreet lady, Patricia recently launched Aviteur in Paris in the Crillon, the Parisian five-star palace hotel enjoying a renaissance since its 2017 revamp. Her debut bag is displayed, and retailing, inside the famed hotel’s Cabinet de Curiosités.
Article link: https://in.fashionnetwork.com/news/Patricia-gucci-s-new-adventure-is-aviteur,1147671.html
24. Tiffany & Co. Just Launched a $112,000 Advent Calendar Filled With Glitzy Holiday Gifts
AKLC COMMENT(S): Damn exciting
*No bad jokes or stale chocolate included.
Counting down the days till Christmas is infinitely more fun with an Advent calendar. And now that you’re an adult, you no longer have to put up with the cheap chocolate versions that your parents used to get you: Tiffany & Co’s latest luxurious riff boasts a curated selection of high-end gifts sure to put you in the holiday spirit.
The four-foot-tall Advent calendar—which starts from $112,000—is covered in a hand-illustrated screen print of the Fifth Avenue flagship store and houses a trove of Tiffany surprises to make your December that much more indulgent.
Article link: https://robbreport.com/style/jewelry/tiffany-co-advent-calendar-2875565/
25. Aston Martin Just Unveiled 11 New Ways to Customize Your DBX SUV
AKLC COMMENT(S): wow
From Snow Pack to Pet Pack, these options will accent any active lifestyle with Aston Elegance.
As Aston Martin prepares to jump into the luxury SUV segment with their forthcoming DBX, it’s no surprise that the guys and gals at Gaydon would follow up with a host of accessories to further transform DBX ownership into an even more rewarding—and exclusive—experience. Whatever the leisure or workaday pursuit, Aston Martin has conjured up 11 optional accessory packages aimed at the specific interests and needs of the driver and passengers, a few of which are described below.
Article link: https://robbreport.com/motors/cars/aston-martin-accessories-dbx-suv-2875852/
26. Prada picks Japan for Resort 2021 show
AKLC COMMENT(S): Great!
Prada is heading East to showcase its resort 2021 collection.
The luxury Italian house will head to Japan for a catwalk presentation on May 21, reports WWD. The move is the latest in a series of global destinations selected by the brand, which unveiled its last resort collection at The Piano Factory in New York in May of this year. It also showcased its Men’s Spring/Summer 2020 ready-to-wear collection in Shanghai, China, on June 6.
Article link: https://in.fashionnetwork.com/news/Prada-picks-japan-for-resort-2021-show,1148882.html
27. Ultra-luxury Diwali gifting loses sheen this year
AKLC COMMENT(S): –
On a weekday, just weeks before Diwali, Chanakya luxury mall in New Delhi’s diplomatic enclave illustrates the prevailing sentiment. Hardly any customer is seen carrying shopping bags that are common before the biggest festival.
In India’s challenging economic environment the gifting of ultra-luxury items is also taking a beating.
On a weekday, just weeks before Diwali, Chanakya luxury mall in New Delhi’s diplomatic enclave illustrates the prevailing sentiment. Hardly any customer is seen carrying shopping bags that are otherwise quite common before the biggest festival.
28. Burberry Just Launched The Video Game We’ll All Be Playing This Month – And It Comes With An IRL Prize
AKLC COMMENT(S): New opportunity brands are venturing into
They might’ve also proved that some animals are better dressed than we are…
Burberry has launched the next cult product. And no, it’s not a trench coat, an ‘it’ bag, or shoes.
On Monday, the British brand best known for it’s distinctive checked print, unveiled its first video game (really). Before you think, ‘no thanks, games aren’t for me,’ there’s an IRL incentive. The prize — if you’re any good — is a piece from its new puffer collection.
Article link: https://www.elle.com/uk/fashion/amp29536893/burberry-video-game/
29 . Only 2 companies have ranked among the most valuable luxury brands in the world every year since 2000 – Gucci and Louis Vuitton
AKLC COMMENT(S): Gucci & Louis Vuitton continue to marvel us with their extraordinary work!
Out of all the luxury companies in the world, only two have remained among marketing and consulting firm Interbrand’s annual ranking of the world’s most valuable brands since 2000: GUCCI & LOUIS VUITTON
30. LVMH wants to tie knot with Tiffany to tap fast-growing jewellery market
AKLC COMMENT(S): Good luck to them 😀
LVMH has offered to buy Tiffany & Co, known for its engagement rings and ties to Hollywood glamour, as the owner of Louis Vuitton and Bulgari seeks to expand in jewellery, one of the fastest-growing parts of the luxury goods market.
In a deal that would beef up its smallest business and give it a slice of the lucrative U.S. market, LVMH on Monday said it had approached Tiffany about an unsolicited non-binding offer, but gave no details.
Article link: https://in.fashionnetwork.com/news/Lvmh-wants-to-tie-knot-with-tiffany-to-tap-fast-growing-jewellery-market,1151691.html
31. This Ultra-Rare Jaguar Was Driven by a James Bond Villain in ‘Spectre.’ Now It’s Up for Sale
AKLC COMMENT(S): Wow! This is interesting
For over 60 years, the James Bond franchise has served as a showcase for some of the world’s sexiest cars. And while we all know Agent 007 loves his Aston Martins, the villains in the long-running franchise have sported some standout supercars as well. Now, one of the most famous vehicles driven by a Bond baddie, an ultra-rare Jaguar C-X75 prototype, is hitting the auction block.
Article link: https://robbreport.com/motors/cars/jaguar-c-x75-stunt-car-james-bond-spectre-2877390/
32. Kering’s Q3 results: Gucci stabilises, Bottega Veneta picks up pace, Saint Laurent slows down
AKLC COMMENT(S):
The French luxury group’s share price surged on the Paris Stock Exchange, rising by 8%. In Q3 2019, despite the crisis in Hong Kong, where the group’s sales fell by 35%, Kering’s revenue increased by 14.2% (up 11.6% in like-for-like terms), compared to a 34.9% rise a year earlier, reaching €3.88 billion. The performance was driven by the strong results recorded by the luxury group’s three leading labels, Gucci, Bottega Veneta and Saint Laurent.
33. ADD FENDI’S NEW FFLUID SNEAKERS TO YOUR HOLIDAY WISHLIST
AKLC COMMENT(S): The chunky trainer trend! Would you sport it?
A curvy, chunky silhouette.
While we got a close look at the brand’s Spring/Summer 2020 collection featuring ’70s-inspired items, Fendi has unveiled a new range of its FFluid sneakers. The design celebrates the boundaryless nature of millennials, offering options for all genders.
Sporting an arched shape and curved lines, the shoes are accentuated with chunky soles. The upper arrives in different materials including glossy neoprene and technical mesh, while logo branding can be found on the laterals atop a suede overlay. Colorways range from white and black, to red and pink.
Article link: https://hypebae.com/2019/10/fendi-ffluid-womens-sneakers-chunky-designer-trainers
