#luxury-goods

#luxury-goods

LVMH's Dior production face scrutiny over inadequate safety inspections in supply chains, highlighting a lack of rigorous oversight.

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

Bernard Arnault's wealth has decreased significantly, dropping him to fourth place among the world's richest billionaires due to LVMH's stock slump.

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

LVMH's unexpected third-quarter sales drop reflects challenges in the luxury goods market, particularly related to China's economic slowdown.

LVMH's $16 billion acquisition of Tiffany & Co. faces challenges with unmet sales targets and staff departures under Arnault's ownership.

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

Consumers desire luxury items more as prices rise, driven by social media influence and the allure of exclusivity.

The luxury goods market is forecasted to slow down for the first time since 2009, with brands needing to adapt their strategies.

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

Consumers are prioritizing quality over quantity this festive season, leading to a focus on fewer but higher-quality gifts.

Pants have become a significant fashion statement, overshadowing handbags in the eyes of fashion enthusiasts.

Watches may be bought for superficial reasons, but personal engraving can create deeper meaning.

Atelier Honore innovates by offering personalized watch clasps, enhancing individual expression among watch enthusiasts.

Breitling's revival of Universal Genève is anticipated to merge new designs with vintage reissues, appealing to a diverse audience of watch enthusiasts.

Great deals on watches under $7,500 are readily available, with increased quality and longevity compared to previous years.

The Primordial Passion watch combines intricate art with high-end watchmaking, highlighting Albanian craftsmanship.

The 'Wirkin' challenges traditional notions of luxury and status by providing an affordable alternative to the highly desired Birkin bag.

High-quality imitations of luxury products are increasingly popular as consumers seek better value, diluting the exclusivity of designer brands.

The trend of luxurious high-end fleeces is on the rise in contemporary fashion.

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 Gucci horsebit loafer is a timeless investment known for its luxury, versatility, and craftsmanship.

Alabama Barker's extravagant Christmas gifts reveal a significant wealth gap, stirring conversations among her followers.

Bethenny Frankel's TikTok narratives suggest a cover-up involving Dior bags that are actually linked to unidentified drones rather than conventional luxury items.

Hermès has become increasingly valuable, with distant descendants now receiving significant wealth from share gifts due to the brand's soaring stock prices.

Hermès Birkin bags symbolize luxury but are deliberately hard to obtain, leading to consumer frustration and legal actions.

Building a relationship with sales associates is vital for purchasing luxury items.

Scarcity marketing affects how customers perceive luxury goods.

Consistent purchasing history increases chances of buying high-demand products.

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.

A lone wolf burglar stole over £10 million worth of bespoke jewellery and designer items in a 19-minute heist from a mansion in London.

Detectives are seeking public help to identify suspects involved in a high-value burglary at a luxury handbag store in north London.

Handbags can be a profitable investment, often sold at significantly higher prices in the secondhand market.

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

The fortunes of France's billionaires in luxury and cosmetics have sharply declined after pandemic-era highs, facing reduced demand and increasing political pressure for higher taxes.

Kopelman transformed Chanel into a global luxury brand by blending marketing strategies with creative design.

Viltier, a unisex fine jewelry brand, was founded by childhood friends who transitioned from reputable industry roles to pursue their passion for design.

Bag charms have become a trending way to accessorize handbags, blending fun and luxury in various designs.

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

The merging of art and luxury retail is reshaping the market dynamics, presenting both opportunities and challenges for artists.

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.

Wristwatches have transitioned from necessities to luxury items fueled by the internet and a thriving enthusiast community.

Watches of Switzerland celebrates its centennial with remarkable growth, achieving $2 billion in revenues and expanding in the U.S. market since 2018.