Category: Business of Luxury
The European Union has made it harder for large fashion businesses to dispose of unsold clothing. It has not ordered them to sell a designer coat for less. If you are waiting for a luxury clearance wave because of the new rule, the law alone is not a reason to expect one. Under the EU’s […]
A handbag may cost thousands. A coffee lets you spend half an hour inside the same brand world for considerably less. Louis Vuitton, Dior, Ralph Lauren and Armani are showing that hospitality can do something a display case cannot.
Dior’s current U.S. makeup and skincare listings include a $38 eyeshadow stick, triple-digit treatment products and a $495 Prestige cream. The useful part is not the spread itself. It is how many different ways beauty lets a couture house recruit a customer.
BMW has finally used the words enthusiasts have been circling for months: fully electric BMW M3. That sounds like a simple product announcement. It is not quite one. On October 2, BMW said its Munich plant will build the first fully electric M3, calling it the first high-performance model to use BMW M Neue Klasse […]
A $180 million Van Gogh estimate sounds like record territory. A roughly $120 million Cezanne estimate does not, at least not at first glance. Yet Sotheby’s says both paintings in the Blaquier-Arrieta collection could set new artist auction records when the 12-work group comes to New York on November 18. The reason is buried in […]
J.M.W. Turner’s Rome, From Mount Aventine sold at Sotheby’s in 2014 for £30.3 million, setting the artist’s auction record. The same painting is returning to Sotheby’s in London on December 9, 2026, with a presale expectation in the region of £50 million. Sotheby’s current lot page itself displays “Estimate Upon Request.” That comparison is striking, […]
The 19-piece collection turns one of watchmaking’s most recognizable designs into jewelry. AP is keeping one boundary very clear. Audemars Piguet has found a new thing to make out of the Royal Oak: one that does not tell time. On October 2, the Swiss watchmaker unveiled Royal Oak Joaillerie, a 19-piece standalone jewelry collection built […]
Two separate 2026 J.D. Power studies create an odd premium-car paradox: premium brands report fewer problems in the new-car study, but a worse segment average in the three-year dependability study.
