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Olympic medals presented on Louis Vuitton trays? It's almost expected in Paris, a city synonymous with luxury fashion. The medal bearers' uniforms—polo shirts, loose pants, and Gavroche caps—are a stylish nod to the 1924 Paris Olympics, designed by LVMH's Kaori Moritz-Ishikawa. What's more, they're eco-friendly. Made entirely from upcycled materials, these uniforms showcase LVMH's commitment to sustainability. The polo shirts and caps, crafted by French start-up Weturn and other family-run companies, add a touch of local Savoir Faire (craftsmanship). 🇫🇷🤌🏼 The French have nailed it. In stark contrast, the UK's team uniforms by Ben Sherman are underwhelming. Despite claims of reflecting British fashion's evolution, they lack the vibrancy and innovation seen in Paris. Just seems a bit too safe and conventional. 🇬🇧🥱 But isn't that exactly what we're known for—playing it safe and sticking to tradition? 🤔🤔🤔 It’s getting a bit boring. Will we ever break out of that stereotype?

Week 18 in Luxury: here are our top picks of luxury industry news👇 1. Ferrari Forges Racing Partnership With HP. 2. LVMH Prize Names Finalists, Adds Phoebe Philo and Pharell Williams To Jury. 3. Prada Group Sees First Quarter Sales Rise 16P. 4. Bon Appetit Out With First "Drinks" Issue In Over 50 Years Read More: https://lnkd.in/dy9Yd4K5 -- #LuxuryMarketing #LuxuryBusiness #LuxuryNews #LuxuryIndustry

⌚ The global luxury watch market in 2023 was dominated by a few major players: Richemont (25%): Known for prestigious brands like Cartier, IWC, and Jaeger-LeCoultre. LVMH (20%): Owner of TAG Heuer, Hublot, and Zenith, catering to both high-end and accessible luxury. Swatch Group (19%): Includes Omega, Breguet, and Longines, blending innovation with tradition. Rolex (18%): The epitome of prestige and timeless style. Audemars Piguet (4%): Renowned for high-quality craftsmanship and innovation. These key players control the majority of the luxury watch market, setting trends and standards in the industry. #luxurywatches #watchmarket #Rolex #LVMH #Richemont #SwatchGroup #AudemarsPiguet #luxuryinvesting

𝗦𝗼𝗻𝗮𝗺 𝗞𝗮𝗽𝗼𝗼𝗿 𝘄𝗼𝗿𝗲 𝘁𝗵𝗶𝘀 𝗱𝗶𝗮𝗺𝗼𝗻𝗱 𝗻𝗲𝗰𝗸𝗹𝗮𝗰𝗲 𝗮𝘁 𝗮 𝗳𝗶𝗹𝗺 𝗳𝗲𝘀𝘁𝗶𝘃𝗮𝗹 𝗵𝗲𝗹𝗱 𝗶𝗻 𝗦𝗮𝘂𝗱𝗶 𝗔𝗿𝗮𝗯𝗶𝗮.. 𝗕𝘂𝘁 𝗮 𝘃𝗲𝗿𝘆 𝗳𝗲𝘄 𝗽𝗲𝗼𝗽𝗹𝗲 𝗸𝗻𝗼𝘄 𝗮𝗯𝗼𝘂𝘁 𝘁𝗵𝗶𝘀 𝗷𝗲𝘄𝗲𝗹𝗿𝘆 𝗯𝗿𝗮𝗻𝗱. The brand I am talking about was founded in 1860 in Switzerland by a 24-year-old watchmaker.  Louis-Ulysse Chopard grew Chopard from working in a small workshop into a global luxury brand. With over 100 boutiques worldwide, Chopard offers not only #watches but also jewelry, accessories, and #perfumes. Chopard has an age-old partnership with Mille Miglia, a famous race in Italy for vintage cars. Many believed this partnership was solely for visibility, as media coverage of the Mille Miglia rally enhanced Chopard’s luxury brand image. However, the truth is quite unexpected. You see, Chopard’s co-president loved classic cars and was a participant in the Mille Miglia rally. We often assume #brands collaborate solely for marketing purposes. Yet, sometimes, the reality is hidden in a genuine appreciation for something unique about the partner brand. 𝗛𝗮𝗿𝗱𝗰𝗼𝗿𝗲 𝗠𝗮𝗿𝗸𝗲𝘁𝗶𝗻𝗴 𝗺𝗶𝗻𝗱 𝗼𝗿 𝘀𝗲𝗻𝘁𝗶𝗺𝗲𝗻𝘁𝗮𝗹 𝗰𝗼𝗻𝗻𝗲𝗰𝘁, 𝘄𝗵𝗮𝘁 𝘄𝗼𝘂𝗹𝗱 𝘆𝗼𝘂 𝗰𝗵𝗼𝗼𝘀𝗲? 

An #investment in #knowledge always pays the best interests ... Diving deeper into the uniqueness of the #luxury industry by the transformative #onlineLearning experience into the topics that impassion me through #InsideLVMH #LVMHCertificate #LVMHgroup #LuxuryFashion #LVMH #FashionConsulting #Fashion #Branding #TimlessFashion

Gucci is embarking on an exciting new chapter as it navigates a challenging period of leadership change and brand image disruption. With a reported 20% decline in sales in the first half of 2024 as a result of a change in direction following the departure of former creative director Alessandro Michele (end 2022), the brand is working to restore its prestige and heritage as part of the new direction of the Maison. This includes the phasing out of products and marketing content from the previous creative era, which disrupted the brand's identity and perception among key customers. As a result, the brand's focus has gradually shifted to its core leather goods, carry-over items and accessories. However, the transition has been challenging, partly due to the industry's muted response to Sabato De Sarno's vision, especially among Chinese consumers, and the slow delivery of his seasonal collections. I am excited to see where the new leadership will take Gucci and what the future holds for this iconic Italian luxury brand. #Gucci #LuxuryFashion #NewBeginning #FashionIndustry

For Gucci, the appointment of Stefano Cantino as CEO brings promising change due to his extensive experience at LVMH and Dolce & Gabbana. A positive shift could emerge from his deep understanding of brand storytelling, luxury craftsmanship, and customer experience. However, challenges will likely include reigniting consumer demand and balancing creative innovation with Gucci’s heritage. Returning to the brand’s original DNA, while aligning it with modern trends, will require careful strategy and execution to avoid alienating its core luxury audience. Who would vote for Anthony Vaccarello, taking the design front seat, who has infused Saint Laurent with a provocative, high-glamour look, reminiscent of Ford’s bold sex appeal and modern luxury approach. A. Vacarello could definitely capture that iconic balance of sophistication and daring that Ford perfected at Gucci. #BOF #Gucci #TomFord #Vaccarello #BRANDdna #Luxury #highglamour #StefanoCantino

While global demand for luxury goods may be slowing, Bernard Arnault, the founder, chairman and CEO of Louis Vuitton Moet Hennessy (LVMH), and also one of the richest person in the world, with an estimated net worth of US$194 billion (As of July 2024), is still eyeing a bigger slice of the pie, especially in the highly attractive jewellery business. It was no surprise that he recently bought a stake in smaller luxury rival Richemont, that also owns Cartier and Van Cleef & Arpels, two world class brands which Bernard Arnault deemed highly of. Read more about this in my story in Lianhe Zaobao 联合早报 via the link below. https://lnkd.in/gsi-tU2U #lianhezaobao #luxury #LV #LVMH #Hermes #Dior #investments #richemont #Cartier

How luxury brands can get into pole position with F1