Celebrity Life
Cortina Holdings plans to buy rival Sincere Watch for $84.5 mil cash
In a seismic move, the last of the three Singapore family-owned luxury watch retailers Cortina Holdings will acquire Hong Kong owned Sincere Watch for $84.5 million
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Wall Street thinks Tiffany & Co will be fine without LVMH but the Deal is Back On
LVMH pulled out of a Tiffany takeover and embarked on a counter-suit and while it looked like Wall Street thought that the U.S. jeweller will do just fine by itself, LUXUO argued that the deal was a win-win. Reuters just reported that the deal could be back on
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Boston Consulting and Tencent Digital Luxury Report Forecasts China Luxury Up 30%
The BCG-Tencent forecast echoes a Xinhua news report that citizens were indulging in "revenge travel" over the Golden Week holiday. This surge of travel spending matches the phenomenon of "revenge spending" reflecting pent up demand
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Netflix Social Dilemma is proving Your Data is the New Luxury
The common adage is that, "if the service is free, you are the product". LUXUO discovers you aren't the product, changing your behaviour so companies and governments can predict your actions is the product. Your data privacy is the new luxury of the 21st century
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Small Luxury Hotels see uptick in demand as post-covid travellers choose less crowded stays
In a new trend following rise of private jet travel, many travellers believe that hotels with smaller crowds, pose a lower risk to their health right now, leading to demand for small luxury hotels
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LVMH exits Tiffany deal as threat of US tariffs on French products Looms
Amidst a retail crash, Tiffany’s e-commerce was up 123% globally, the brand was already up 90% in China as it exited their national lockdown and it looked like LVMH acquisition would go ahead but now, it appears that the US-Franco trade war has ended the deal
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Tiffany Reports 90% Sales Jump in China: First real sign of Pandemic Luxury Recovery
With e-Commerce ready pre-lockdown, Tiffany was already positioned to participate in China's luxury rebound, reporting 90% sales jump, a sign of pandemic recovery. They have also exercised their option to delay completion of LVMH acquisition deal.
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The Billion Dollar Fight between Fortnite maker Epic Games and Apple
A new anti-competition lawsuit between Apple and Epic Games, maker of billion dollar game Fortnite is going to shape how tech companies get to use their influence and reach, and its also shaping up to be the war for luxury fashions next frontier
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Grounded but ready to shop: Where are China’s luxury consumers going?
The luxury industry derives a tremendous amount of annual revenues from international travellers and with trans-national viral threats ending air travel, Asia Pacific region shows an unlikely way forward via Chinese live-streaming
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Chadi Nouri discusses the Future of Swiss Watchmaking for Designers, Brands and Retailers
Entering the luxury industry in the wake of the Global Financial Crisis, Chadi Nouri has paid her dues through the ranks at Cartier and Audemars Piguet and today she is an entrepreneur and consultant for the industry at yet another time of great economic uncertainty.
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Bottega Veneta’s Invisible Store in Shanghai Plaza 66 literally reflects its Brand values
Resonating strongly with millennials while remaining on brand, the design of Bottega Veneta's Invisible Store in Shanghai speaks volumes of the brand ethos in an era where many brands have been criticised for "tone deaf" marketing efforts.
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How Lego became one of the Most Valuable Brands in the World
Briefly flirting with bankruptcy, Lego went from failing toymaker to briefly the world's most valuable brand in less than 20 years. Today, it's pandemic resistant and poised to overtake the industry.
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