There’s no doubt that the global luxury goods market has been hit hard by the coronavirus pandemic – but how are manufacturers planning to bounce back when it’s all over, and what changes will they have to make? A recent Euromonitor report estimated that the global luxury goods market would decline by about 18 percent during the coronavirus crisis – the question is, can it ever regain its previous heights, and if so how long...
The future of Baselworld, the high-end watch and jewellery trade show held annually since 1917, is in doubt with the defection of major exhibitors including Rolex, Swatch, Chopard, Chanel and Tudor. Organised by the MCH Group which also organises Art Basel in Basel, Miami Beach and Hong Kong, Baselworld was already ailing due to the high-profile exit of Swatch in 2019 citing issues including costs, and the loss of others including Dior, Seiko and Breitling....
Fashion house Prada has announced that it is to stop using fur from next year. A message on the company’s Twitter account reads; “As part of the #PradaGroup, #Prada has announced, in collaboration with the @FurFreeAlliance, that it will no longer use animal fur in its designs or new products, starting with #PradaSS20 Women’s collections. #PradaGroupFurFree#FurFreeRetailer#FutureofFashion#FurFree.” Animal fur will not be used in its designs...
Starting at 1:30 PM CET on March 18, 2019, Gros & Delettrez, along with experts Dominique Chombert and Françoise Sternbach, introduce one of the most exclusive auctions of the season with a selection of Vintage Chanel accessories. Featuring necklaces, bracelets, handbags, clothing and other accessories from the leasing fashion house, the live online auction boasts over 300 lots, and a 100-page catalogue is available online. We’ve picked some of the highlights below. More details here....
