Eva Morletto

Puig, the Spanish group, has just formalised a three-year partnership with the Dries Van Noten Foundation. This new cultural organisation, founded by the Flemish designer Dries Van Noten and his partner Patrick Vangheluwe, was launched in Venice during the Biennale on 25 April.

The Spanish group Puig kicked off the 2026 fiscal year with a solid performance praised by company executives. In the first quarter, the Spanish giant’s revenue reached €1.215 billion, up 4.7% at constant exchange rates and 0.8% on a reported basis.

The Franco-Italian eyewear giant EssilorLuxottica has just released its first-quarter 2026 results, and the figures are excellent. The group reported revenue of €7.127 billion, up 10.8% (at constant exchange rates) compared to the same period last year.

The opening of the 2026 Salone del Mobile is just around the corner. Tomorrow, April 21, 2026, Milan will once again welcome representatives of the design and luxury furniture industries from around the world, offering an opportunity to assess the sector’s health and identify upcoming trends. At the same time, Italian designer Molteni is taking the opportunity to announce a major investment plan.

The hierarchy of the world’s wealthiest is shifting. This weekend, Donald Trump announced that he would escalate hostilities in Iran, a move that could exacerbate an already fragile situation for luxury giants. The world of billionaires is thus being turned upside down, with French billionaires feeling the impact firsthand.

The network of mono-brand stores is confirming its central role in the luxury economy. According to data from Research and Markets, reported by the Italian media outlet Milano Finanza, this segment is worth $107 billion in 2026 and is expected to reach $142 billion by 2030, with an average annual growth rate of 7.4%.

With a $34 million investment through the Bezos Earth Fund, the American billionaire has just confirmed his ambition to transform the fashion industry. Founded in 2020 and valued at $10 billion, Jeff Bezos’s foundation is now directing part of its funding toward textile research and the creation of eco-friendly materials.

The Moncler Group has just released its first-quarter 2026 results, which show a significant increase in sales to €880.6 million, up 12% (at constant exchange rates) and 6% (reported figures) compared to the same period in 2025. The strength of its business model is confirmed in an unstable environment.

Sotheby’s is hosting an exceptional auction: more than 300 vintage Cartier watches, spanning nearly a century of iconic designs, will be offered with a total estimated value of over $15 million (€14.1 million) starting April 24. The collection offers a unique overview of Cartier’s watchmaking history and heritage.

Italy is now Europe’s leading destination for investment in the luxury hospitality sector, according to the latest report from Deloitte. This appeal is not merely a cyclical phenomenon, but stems from a structural trend that positions the country as one of the best-performing markets for high-end hotel real estate.

Another key position in the hands of an Arnault heir? In an interview with Bloomberg, Jean-Christophe Babin, head of LVMH’s watch division, paved the way for his succession by hinting at a gradual withdrawal and, more importantly, by publicly naming his ideal successor: Jean Arnault. At 27, Bernard Arnault’s youngest son now embodies much more than just an heir: he is already an operational leader.

According to estimations based on the Media Impact Value models developed by Launchmetrics, each outfit featured in The Devil Wears Prada 2—set to premiere in France this Wednesday, April 29— could generate approximately $2 million in media value.

On the sidelines of Watches and Wonders 2026, which closed yesterday, April 20, a series of strategic appointments were announced within Breitling and its broader ecosystem, including that of Jean-Marc Pontroué, who is taking over as CEO of Breitling.

In the financial markets, Ferragamo stands out as an exception amid an ongoing macroeconomic uncertainty. After a period of mixed financial performance, the Italian brand may be returning to growth, prompting analysts to revise their forecasts upward.

On Wednesday, Italy’s Ferretti Group reported strong 2025 results, reflecting a business strategy focused on moving upmarket. The group recorded revenue of €1.23 billion (+5%), while net income stood at €90.1 million, up 2.2%.