Luxury cars in crisis: falling production and lack of interest in electric cars
Luxury Tribune
Luxury Tribune is the new digital media dedicated to the luxury industry. https://luxurytribune.com/
Supply difficulties, a slowdown in the Chinese market, and lukewarm customer interest in new electric models: the world of luxury cars is experiencing a moment of uncertainty in the face of a suddenly more uncertain future.
Richemont sells Yoox Net-A-Porter and acquires stake in German luxury platform Mytheresa
On Monday 7 October, the luxury goods group 历峰集团 announced it had signed an agreement with Mytheresa to acquire YOOX NET-A-PORTER (YNAP) in exchange for a 33% stake in the German luxury goods platform. The aim is to turn Mytheresa into a “leading, global, multi-brand digital luxury group”.
IWC auctions Lewis Hamilton’s watch, estimated at between CHF 30,000 and 100,000
Since Tuesday 7 October, the personal watch of seven-time Formula 1 world champion and IWC Schaffhausen brand ambassador Lewis Hamilton has been up for auction on the Bonhams website. The auction will end on 19 October, during the Laureus Charity Night in Zurich. Laureus Sport for Good Foundation Switzerland
Paris Fashion Week 2024: How did it go?
Paris Fashion Week, dedicated to ready-to-wear spring/summer 2025, has just concluded. The houses redoubled their efforts to impress investors and celebrities, while behind the scenes, nominations were in the air. Christian Louboutin
A series of major property deals in the luxury sectorA series of major property deals in the luxury sector
In recent months, several luxury groups, from 酩悦·轩尼诗-路易·威登集团 to Hermès , from 香奈儿 to Prada Group , have focused on property purchases worth several hundred million euros.