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Luxury Tag

3 Nov

Luxury Groups in Europe Are Moving In on Beauty

Luxury Groups in Europe Are Moving In on Beauty
The European beauty scene continues to morph, with Kering taking beauty in-house and Richemont constructing a Laboratoire de Haute Parfumerie. It’s an indication of the times, as luxury makers’ once red-hot trades in China and in fashion cool, and wonder proves its endurance despite the continued tough geopolitical and macroeconomic climate. Still, success within the industry isn’t easy, and there isn't a cookie-cutter approach to constructing the business. Beauty is a lure today for 4 primary reasons — growth, resilience, desirability and margins — in response to Laurent Droin, head of Europe, Middle East and Africa at Eurazeo Brands. Fragrance and cosmetics is a giant, fast-developing business, with the category generating sales last 12 months of roughly $430 billion, in response to a McKinsey...
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25 Oct

Luxury In On a regular basis Life

Luxury In On a regular basis Life
Ginori 1735 is examining the luxurious of on a regular basis art and on a regular basis life in its latest campaign starring the talented actor and artist, Jake Gyllenhaal. A part of Kering Group since 2013, Ginori 1735 has been a pacesetter in the sphere of luxury and lifestyle for nearly three centuries and has all the time been related to great figures of fashion, art, design, architecture, film and décor. Because the Ginori 1735 mission continues as a pursuit to forward a contemporary Renaissance, today’s Ginori 1735 world is formed by a multiplicity of voices, opinions and styles – which can now include Gyllenhaal. Alain Prost, chairman and chief executive officer of Ginori 1735, shared that while the 2023-24 global...
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24 Oct

Meet LALAIS: The First Luxury Skincare Brand For Oily

Meet LALAIS: The First Luxury Skincare Brand For Oily
Photo: Courtesy of LALAIS. From steroids and laser treatments to Accutane, Lita Cunningham, like lots of us, couldn't stop the “vicious cycle” of excess oil, breakouts, and hyperpigmentation. “I actually desired to learn why– whether it was five dollars or 500 dollars– nothing was really working,” she tells ESSENCE. “I used to be trying to seek out products that were potent yet gentle to treat temperamental skin types.” For this reason market gap, Cunningham launched LALAIS yesterday. Exclusively at Bergdorf Goodman and lalais.com, LALAIS is the primary luxury skincare and wellness brand geared towards oily and combination skin types specifically. “Bergdorf Goodman partnered with us because we’re making a latest category,” Cunningham explains of the rare opportunity. The launch is kicking off...
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17 Oct

The Art of “Content Seeding” for Luxury Brands on Xiaohongshu

The Art of “Content Seeding” for Luxury Brands on Xiaohongshu
Looking back on the past six months, we are able to observe a shift towards more rational consumption on one side and a year-on-year growth of 8.2 percent in total social retail sales on the opposite. It’s clear that customers are increasingly pursuing the next quality of life and are willing to pay more for happiness. As consumption reflects people’s desire to enhance their life quality and spend more on happiness, “find out how to buy” and “what to purchase” have develop into questions of interest for a lot of fashion and luxury enthusiasts. In response to this trend, various brands have shifted their focus to “content seeding.” There are countless quality products with potential to succeed, but to develop into hit items that...
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