Tag: luxury
Samsung relies on “super premium” for smartphones
Dusseldorf Samsung Electronics sells smartphones in all price ranges – thanks to models that are available for less than the equivalent of 200 euros, the market leader sold almost 260…
The group relies on luxury, but oversleeps e-mobility – that becomes a problem
Mercedes production The focus on ultra-luxurious vehicles is paying off. (Photo: dpa) The Mercedes-Maybach S-Class with basic equipment and more than 500 hp costs exactly 175,417 euros. This makes the…
Pharrell Williams succeeds Virgil Abloh as creative director at Louis Vuitton
The 49-year-old is a pop and world star and has been celebrated in the scene for years for his collaboration with the world of luxury brands. The question of who…
Why the luxury brand is repositioning itself
Gucci store in Singapore The Gucci brand, which belongs to the French parent company Kering, is currently “not up to expectations”, emphasized Kering CFO Jean-Marc Duplaix when presenting the figures.…
These luxury stocks are good picks for investors
Bags, suitcases and shoes by LVMH Many analysts are currently recommending buying LVMH shares. (Photo: Bloomberg) Cologne The luxury goods industry is booming – despite war, inflation and the threat…
Why luxury yachts are in demand despite inflation
Dusseldorf High energy prices and dramatic price increases are currently burdening many sectors. The luxury segment of the boat industry, on the other hand, is crisis-proof. Super yachts and luxury…
Luxury doesn’t need a lot of space
Van B in Munich Bay windows and mobile walls should make smaller units look spacious. (Photo: Bauwerk Capital) Cologne When prospective buyers ask Michael Reiss whether he only brokers luxury…
This is how Russia’s elite lives in the Ukraine war
Sergei Shoigu (centre) with Russian military personnel Several family members apparently benefit directly from orders from his ministry. (Photo: via REUTERS) Berlin Ksenia Shoigu lounges in a pool in Dubai…
Juwelier Christ wants to expand with a new owner in Europe
Dusseldorf The Christ jewelry chain has more than recovered from the slump in sales during the corona crisis. “We had an extremely strong 2021/22 financial year, which we closed with…
The luxury strategy of BMW, Mercedes and Audi is reaching its limits
Mercedes-Benz plant in Tuscaloosa For car manufacturer Mercedes, pure sales are no longer so important. (Photo: Mercedes-Benz AG) Düsseldorf/Vienna After 2021, BMW sold more cars last year than its direct…
The luxury strategy of BMW, Mercedes and Audi is reaching its limits
Mercedes-Benz plant in Tuscaloosa For car manufacturer Mercedes, pure sales are no longer so important. (Photo: Mercedes-Benz AG) Düsseldorf/Vienna After 2021, BMW sold more cars last year than its direct…
Auto industry: BMW, Mercedes, Audi – luxury strategy is reaching its limits
Mercedes-Benz plant in Tuscaloosa Pure sales are no longer so decisive for Mercedes. (Photo: Mercedes-Benz AG) Düsseldorf/Vienna After 2021, BMW sold more cars last year than its direct competitors Mercedes…
Old Luxury or Modern Economic? Which Car Should You Prefer?
Consumers who want to own a car can stay between old and high-end cars and new but cheap models. They’re right too. Both categories have their pros and cons. So…
How Ermenegildo Zegna controls his entire supply chain
Cheering at the Zegna IPO 2021 Company boss Ermenegildo Zegna wants to turn the family business into a global luxury brand. Milan, Trivero Those who visit Italian entrepreneurs often find…
How Ermenegildo Zegna controls his entire supply chain
Cheering at the Zegna IPO 2021 Company boss Ermenegildo Zegna wants to turn the family business into a global luxury brand. Milan, Trivero Those who visit Italian entrepreneurs often find…
Why energy efficiency is becoming important in exclusive living
Guest house in Stuttgart Energy efficiency and resource conservation will be just as crucial in the future as successful design. (Photo: Zooey Brown) When Jeanne Forget talks about the future,…
“The Christmas business 2022 will be the best ever” – luxury boom in the crisis
Due to the sharp rise in energy and food prices, consumers in Germany have to save. But not everyone seems to be affected by the crisis: The luxury goods market…
Luxury Clothing Brand Prada Launches New Year’s Special NFT Collection
Luxury clothing brand Prada is preparing to launch the seventh series of its limited edition Timecapsule NFT collection. Firstly December 5, 2019released in Prada Timecapsule with its seventh series, it…
Support Came For This Meme Coin From Luxury Hotel Chain
SHIB holders can now book with their crypto assets at the W Dubai location of New York-based luxury hotel chain W Hotels. This development is a new collaboration between W…
Luxury Watch Manufacturer Gets Patents for Metaverse and NFT!
Cryptocurrencies, DeFi, NFT and metaverse… Digital technologies continue to become popular around the world. Companies operating in numerous industries such as clothing, food and automotive want to increase their profitability…