Eva Morletto

The annual results published this Thursday morning reveal a sharp decline for Mercedes-Benz in 2024, impacted by the drop in sales of electric vehicles, the stagnation of the Chinese market and the turbulence in the European automotive industry.

At the 2025 Baftas, which took place this Sunday evening in London, the major luxury brands once again seized the opportunity to associate their image with that of the stars on the red carpet.

American cosmetics giant Estée Lauder is going through a difficult period marked by a 6% drop in sales in the second quarter of 2025, and is aiming for a major restructuring.

For Chinese people around the world, Wednesday 29 January marks the start of the Year of the Wooden Snake 2025. This celebration, deeply rooted in Chinese culture, represents for the people of Asia a time of renewal, planning and strategy for business.

Richemont has released its results for the third quarter of its 2024/2025 financial year, and the figures are very positive.

It is no secret that the luxury sector has been struggling for several months now. Many companies have seen their financial results plummet due to an economic climate characterized by geopolitical conflicts and persistent economic instability.

The optics giant EssilorLuxottica closed 2024 with a solid performance, with annual sales of 26.51 billion euros. Driven by the success of the Ray-Ban Meta smart glasses and the acquisition of the Supreme brand, the group is consolidating its global leadership.

Viktor & Rolf and the Italian OTB Group (Only The Brave) have extended their partnership for a further five years. This strategic collaboration will enable the Dutch fashion house to pursue its strategy of innovation in haute couture.

Each year, the Brand Finance Global 500 ranking assesses the value and strength of the most powerful brands in international markets.

Despite a challenging economic climate destabilising the luxury goods sector, Brunello Cucinelli is posting impressive performances. With a 12% increase in sales in 2024 and solid growth prospects, the Italian king of cashmere has confirmed its status as a benchmark in the sector.

The global space tourism market, currently valued at $876.34 million, is projected to exceed $13 billion by 2030. While global powers like China and the United States focus on lunar and Martian exploration, private companies are multiplying to offer space experiences tailored to the ultra-wealthy.

This morning, Tuesday, 11 February, Kering published its figures for 2024. They confirm that this is one of the most negative financial years ever experienced by the luxury group. The Pinault family empire does not expect a recovery for another two years.

French luxury giant LVMH has given a fresh boost of optimism for the year ahead by announcing, on Tuesday evening, 29 January, sales of €23.9 billion for its final quarter of 2024, up 1%.

On Monday, 20 January, Donald Trump took office as President of the United States for the second time. Is this good news or bad news for luxury goods? To what extent have private fortunes contributed to the tycoon’s success?

Ambitious Indian brand RAS Luxury Skincare raises $5 million
RAS Luxury Skincare, the first Indian brand to focus on local natural ingredients, has just raised $5 million from Unilever Ventures, affirming its ambitions in a sector where international brands still dominate.