The Italian luxury auto brand is looking to drive up profits in a different industry. In 2019, just before the world was thrown into the throes of a pandemic, Ferrari announced that it was considering increased streams of income, but from a niche other than auto manufacturing. It was transitionin…
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New Study reveals Metaverse will be worth Billions by 2026. Luxury Brands are taking Note, and so should You
In today’s edition of what’s buzzing in our alternate reality, aka the metaverse, a new report published by Global Industry Analyst Inc., (GIA) a market research company, has revealed that the global market for the metaverse, currently estimated at 194.4 billion dollars, is projected to reach 758…
These Chandeliers and Lamps from Luxury Brands will Light up and Beautify Your Space
Chandeliers have always been great statement pieces when it comes to home decor, and a floor or table lamp, when done right, has just the same effect. Whether you’re looking to upgrade your home’s interior or you’re designing a totally new space, these lightning options from renowned luxury brand…
The New Birkin 3-in-1 is all the Bag You need for Work, Play and Life
You already know the history of the Birkin and how Hermès came about the name. And while you may not necessarily be bothered about the exact details of its incredibly high price point, you know for a fact that it is a highly coveted bag, and one you would love to grace your closet and […]<…
Scarcity and Exclusivity: Chanel Places Purchase Restrictions for Some of its Goods
In a not-so-surprising twist of events, Chanel has informed its clients that it is introducing a purchase limit on some of its popular items like the Classic Flap Bag and the Coco Handle. This limit has also been extended to small leather goods products, limiting consumers to purchasing no more t…
Birkins, Timepieces or Wines: Which is the Current Top Luxury Asset?
If you said Birkins or mentioned timepieces, you’re wrong. Wines have overtaken Hermès handbags and rare whiskey to dominate the alternative investment table, according to a recent Luxury Investment Index (Q2 2021) from Knight Frank. While it may or may not have anything to do with the lockdown w…
Three Business Lessons to Consider from Most Valuable Luxury Brands 2021
BrandZ/Kantar recently published a list of the most valuable luxury brands for 2021. As usual, Louis Vuitton tops the list with a valuation of $75.7 billion, followed by three brands valued between $30 and $50 billion: Hermès, Chanel, and Gucci. A third group of brands owning single-digit, billio…
Do You Want to Buy a New Rolex? It May Prove Harder Than Expected
Getting your hands on a new Rolex at the moment is like looking for the proverbial needle in the midst of the haystack. While there may have briefly been a supply chain disruption for watchmakers at the peak of the coronavirus pandemic, Adam Golden of MentaWatches says that the issues in the past…
Adopt the Luxury Post-Pandemic Playbook To Scale Your Business
The pandemic was a monumental global phenomenon that affected everything from the air to our attitudes towards consumption – luxury or basic – and general living. For the average business, it was a period of critical thinking as they strove to survive and scale. For some, not much has…
For Luxury Goods, Packaging is Just as Important as Pricing
If you’ve ever received the Hermès orange or the Tiffany blue box, chances are that you were as excited to see the box as you were to unwrap and reveal what it concealed. Even more certain is the fact that, somewhere in your closet or on a storage shelf in your home, the box sits […]
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