#luxury-goods

#luxury-goods

Lab-grown leather from T. rex DNA represents a breakthrough in sustainable luxury fashion.

T.Rex leather is a new sustainable luxury material engineered from fossil DNA.

This innovative material combines genomic engineering and advanced tissue engineering.

Saks Fifth Avenue is launching a storefront on Amazon to offer luxury designer goods.

Chinese e-commerce apps DHgate and Taobao are surging in popularity among U.S. consumers seeking lower-priced luxury goods.

Chinese manufacturers reveal that most luxury items are made in China, challenging perceptions about authenticity.

Chinese manufacturers expose the reality behind luxury brands, claiming they produce up to 80% of items marketed as 'Made in Italy' or 'Made in France'.

Gen Alpha is developing a taste for luxury and holds high expectations for spending.

This generation prefers digital financial solutions over traditional banking methods.

Demand for luxury goods in mainland China is declining due to economic slowdown and changing consumer habits.

Diamond prices are falling, with natural diamonds down 26% and lab-grown diamonds down 74%, challenging their long-standing value perception.

Luxury marketers are reevaluating their strategies due to the rise of affordable imitation products that resonate with consumers on social media.

Chinese manufacturers are using social media to market luxury replicas directly to American consumers amid tariff threats.

Tariffs on EU imports are causing uncertainty and potential price increases for luxury goods in the U.S. market.

President Trump's tariffs are causing a significant halt in the supply of foreign goods to the US.

Global sales of personal luxury goods are expected to shrink in 2025, potentially impacted by tariffs and global economic challenges.

Jonathan Anderson is named the artistic director of Dior's men's collections, as confirmed by LVMH CEO Bernard Arnault.

Alexandre Arnault is set to become Deputy CEO of Moët Hennessy in February 2025 as part of a restructuring at LVMH.

Bernard Arnault surpassed Elon Musk and Mark Zuckerberg in wealth gains for 2025, now ranking as the fourth richest person globally.

Hermès remains a strong player in the luxury market despite challenges faced by competitors, showcasing its business resilience and effective governance.

Trade tensions with the U.S. are impacting LVMH, requiring European leaders to negotiate effectively.

Bernard Arnault advocates for a Europe-U.S. free-trade zone to mitigate challenges.

Balenciaga's latest clutch, a coffee cup design priced at $5,750, sparks debate on fashion taste and value.

The article introduces a luxurious series of Christmas gift guides curated by AnOther's contributors, focusing on chic holiday essentials.

Louis Vuitton's Kennel Trunk redefines luxury for pets, featuring high-end materials and personalization options, priced at $60,000.

The luxury watch industry is facing challenges, but brands remain optimistic about design's ability to attract buyers.

Rafael Guimaraes and Antonio Almir Dos Santos Neto launched Statera Watch Co, unveiling handcrafted watches and receiving international orders.

Their inspiration stemmed from pandemic-induced price hikes in vintage watches.

RIMOWA collaborates with Rick Owens to launch a limited-edition suitcase, blending luxury with avant-garde design and craftsmanship.

Louis Vuitton solidifies its presence in motorsport with a decade-long partnership with Formula 1, debuting the 2025 Grand Prix Trophy Trunk.

Luxury consumers demonstrate resilience, with 72.6% planning to sustain or increase spending despite economic challenges.

Invest in timeless jewellery trends like the torque due to their durability and increasing popularity in a cautious economic climate.

Costco's diverse product range highlights consumer trends, revealing a mix of luxury and everyday items favored by its member base.

Costco occasionally offers luxury items, with the Kirkland Signature Belgian Luxury Chocolates being a highlighted gourmet product.

Rifles have transitioned from practical tools to collector's items, valued for quality and craftsmanship.

Collectors are now the most powerful force in the watch industry, significantly impacting the $80 billion luxury watch market.

Champagne exports fell 9.2% in 2024, indicating consumers are not in a celebratory mood due to global economic issues.

Counterfeit watches are becoming more sophisticated, making authentication increasingly challenging, requiring detailed examination of specific features like the date window.

Authenticating Van Cleef & Arpels jewelry involves meticulous inspection of design details, especially the prong shape, which distinguishes real from counterfeit.

The impact of counterfeiting in luxury goods highlights the importance of quality and craftsmanship.

Spotting fake Coach bags relies on details like story patches, stitching, and the quality of materials used.

Saudi Arabia is emerging as a significant market for art and luxury, prompting major auction houses to establish a presence there.

Luxury goods, including classic cars, are becoming significant contributors to auction houses' revenues as interest in fine art fluctuates.

Phillips created an omnichannel strategy to blend in-person and digital experiences for luxury art buyers, crucial for adapting to modern client needs.