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Luxus Plus

Luxus Plus est un média économique spécialisé dans l'actualité du luxe. Luxus Plus is an economic journal specialised in luxury.

https://luxus-plus.com/abonnements/ La référence économique du luxe + Leading publication on the business of luxury

01/12/2025

The next edition of the Assises Juridiques de la Mode, du Luxe et du Design (Legal Conference on Fashion, Luxury, & Design) will take place on 9 December 2025 at MAISON DE LA CHIMIE in Paris, organized by LEXPOSIA.

Luxus Plus is proud to be a partner of this event.

This fifth-edition conference, under the theme “Signatures & Savoir-faire: law at the heart of creation”, brings together legal experts, fashion and luxury professionals to explore current challenges faced by the creative industries.

Discussions will cover emerging regulations, from product safety to counterfeiting and dupes, consumer protection, eco-design and sustainability, as well as new technological issues like AI, copyright, brand protection and the evolving role of marketplaces. It’s a unique chance to understand how law, innovation, sustainability and creative expression increasingly intersect.

Do you think tighter legal rules will help protect creativity, or could they restrict innovation in fashion and luxury?

Read the complete article by Sophie Michentef on Luxus+
Link in the comments below.

29/11/2025

5 key luxury headlines this week.
A curated roundup of the biggest stories shaping the industry:

1. New Bond Street Becomes World’s Most Expensive Retail Street

New Bond Street has become the world’s priciest shopping destination after retail rents surged 22% in 2024, reaching $2,231 per sq ft per year. It surpasses Via Montenapoleone and Fifth Avenue, driven by intense luxury-brand demand, limited prime space, and London’s continued dominance in global high-end retail.

2. Markets Steady as Investors Await Monetary Policy Signals

Global markets paused ahead of pivotal inflation data and central-bank guidance. European indices moved slightly lower, with traders watching upcoming U.S. rate signals and yen pressure. Thin Thanksgiving-week volumes kept volatility subdued, while expectations of slower tightening influenced bond yields and investor positioning.

3. Kering Develops “House of Dreams” Investment Structure

Kering is preparing a new investment platform, “House of Dreams,” designed to back emerging designers and creative ventures. The initiative aligns with Kering’s push to diversify revenue amid a challenging period for several maisons. The structure aims to secure long-term brand incubation and strengthen future luxury pipelines.

4. Canada Abolishes Luxury Tax on Jets and Boats

Canada has officially scrapped its luxury tax on private jets and pleasure boats, a levy previously applied to items valued above CAD 100,000. The repeal is expected to revive aircraft and marine sales after industry groups warned the tax was driving purchases offshore and weakening domestic competitiveness.

5. Dior Leverages Thai Stars to Accelerate Asian Growth

Dior has appointed Thailand’s influential LingOrm duo as global ambassadors to capitalize on the region’s booming luxury demand. With Thai celebrity-driven engagement skyrocketing across social platforms, the strategy aims to reinforce Dior’s cultural relevance and fuel brand expansion in one of Asia’s fastest-growing luxury markets.

What's your take on this week's news? Tell us below.

27/11/2025

The Ermenegildo Zegna Group is shaking up its leadership.
After more than 20 years at the helm, Gildo Zegna is stepping down as CEO.

Starting 1 January 2026, Gianluca Tagliabue (current CFO/COO) will assume the role of Group CEO, while Gildo Zegna becomes Executive Chairman. Meanwhile, the fourth-generation Edoardo Zegna and Angelo Zegna will be co-CEOs of the Zegna brand itself, a clear move toward generational transition and long-term preservation of the house’s heritage.

The group will keep focusing on its roots in textiles and luxury menswear, while adapting its structure for the future.

What impact do you think this will have on Zegna’s creative direction and brand identity?

Read the complete article by Sophie Michentef on Luxus+
Link: https://bit.ly/4p4aDBp

26/11/2025

LuxExperience, the newly formed parent company of Mytheresa and YOOX NET-A-PORTER, just released its first-quarter 2025–26 results.

While the group overall saw a drop (net sales were down 4.2%), Mytheresa stood out, net sales surging +12.2%, and gross merchandise value jumped +13.5%. The e-commerce platform even saw its adjusted EBITDA more than double, with its margin rising to 3.5%. Still, losses in other segments dragged total results down significantly.

With a new CEO (Francis Belin) just announced, will Mytheresa’s strength be enough to turn LuxExperience around long-term?

Read the complete article by Sophie Michentef on Luxus+
Link: https://bit.ly/43SVsSW

25/11/2025

Tod's , the iconic Italian moccasin brand, is under serious scrutiny as Milan prosecutors investigate the company and three senior executives for alleged labour exploitation within its subcontractor network.

Authorities claim Tod’s ignored audits flagging issues like excessive working hours, sub-minimum wages, and unsafe, overcrowded housing conditions for mostly Chinese workers. A court hearing is set for December 3, and prosecutors are pushing for a possible six-month advertising ban.

Tod’s denies all wrongdoing, insisting its workshops are required to comply with Italian labour laws.

What impact do you think this could have on the brand value and reputation of “Made in Italy” luxury?

Read the complete article by Sophie Michentef on Luxus+
Link: https://bit.ly/48hA5fs

24/11/2025

According to the Bain & Company x Altagamma study, the global luxury market is expected to remain broadly stable in 2025, with spending projected to hover around €1.44 trillion despite earlier fears of a drop.

While headwinds like economic volatility and geopolitical risk persist, the resilience comes from a shift in consumer behavior: luxury buyers are increasingly opting for experiences over possessions, such as travel and wellness.

Looking ahead, Bain forecasts 4–6% annual growth through 2036, if brands navigate rising costs and evolving demand with precision.

Can the luxury industry balance emotion, efficiency, and innovation to thrive in this despite shifting macroeconomics?

Read the complete article by Sophie Michentef on Luxus+
Link in the comments below.

22/11/2025

5 key luxury headlines this week.
A curated roundup of the biggest stories shaping the industry:

1. Lorenzo Bertelli to Lead Versace as Executive Chairman

Lorenzo Bertelli, heir to the Prada empire, will become Executive Chairman of Versace following Prada’s €1.25 billion acquisition. At 37, he aims to elevate Versace’s performance, calling the brand “much bigger than the revenue it is generating,” while preserving its legendary creative identity.

2. Mandarin Oriental Accelerates Expansion in the Middle East

Mandarin Oriental is building a flagship 140-room hotel and 302-unit luxury residences in Jeddah, Saudi Arabia’s new Red Sea-coastal Central urban project. Slated to open in 2030, the development reinforces the group’s commitment to the region’s booming luxury-hospitality market.

3. Richemont Delivers Strong Half-Year Growth Fueled by Jewellery & China

Richemont’s H1 2025-26 sales reached €10.6 billion (+5% actual, +10% constant), driven by its jewellery maisons and a rebound in China. While the group remains cautious on full-year outlook, its momentum is bolstered by eased U.S. duties after a new 15% Swiss-U.S. trade deal.

4. U.S. Cuts Swiss Tariffs to 15%, Boosting Swiss Watchmakers

Switzerland and the U.S. agreed to slash U.S. tariffs on Swiss goods from 39% to 15%, easing a major burden on Swiss exporters including luxury watchmakers. In return, Switzerland pledged $200 billion of investment in the U.S. by 2028, strengthening bilateral trade ties.

5. Hermès Invests in Italian Cashmere with Colombo Stake

Hermès acquired a 15% stake in Italian spinning mill Lanificio Luigi Colombo S.p.A., its first such investment in Italy. The firm is targeting rare fibres like cashmere, signaling that while it remains rooted in French savoir-faire, it also values Italy’s artisanal textile expertise.

What's your take on this week's news? Tell us below.

19/11/2025

While we concluded LUXperience(s) yesterday, which discussed the growing popularity of experiences in luxury, as a testament to the discussions, here's some news: LAURENT is soon opening a bold, expanded flagship at 30 Avenue Montaigne, the former Dior space, as part of a larger reconquest strategy.

The new store is spread across three levels, blending Parisian apartment charm with a contemporary art gallery. Marble remains central, but in a more monumental scale, anchored by a floating staircase and antique-style lounges.

With private salons, personalization for ready-to-wear, leather goods, and shoes, and a landscaped third-floor terrace, the flagship will serve as a “hospitality-first” home.

As the brand shifts from transactional to experiential retail, CEO Cedric Charbit aims to double revenue from the old address.

Will this immersive boutique reset help revive foot traffic and luxury appeal?

Read the complete article by Victor Gosselin on Luxus+
Link in the comments below.

15/11/2025

5 key luxury headlines this week.
A curated roundup of the biggest stories shaping the industry:

1. Tapestry Breaks Records in Q1 2025-26

Tapestry reported Q1 revenue of US$1.70 billion, up 13% year-on-year (+12% constant currency). The Coach brand surged 22%, gross margin expanded to 76.3%, and the company raised its full-year outlook to ~US$7.3 billion.

2. Burberry Returns to Growth

Burberry achieved a 2% increase in comparable store sales in Q2 2025-26, its first growth after seven quarters of decline. Revenue for H1 stood at £1.03 billion (down 3% constant currency), while adjusted operating profit rose to £19 million, reversing a £41 million loss last year.

3. Stock Market Update: End of U.S. Government Shutdown Sends CAC 40 to Record High

With the end of the U.S. government shutdown, investor sentiment improved and France’s CAC 40 index reached a record high. European luxury stocks rebounded strongly, reflecting renewed appetite for premium goods despite broader macro uncertainty.

4. Kering Faces Headwinds at Valentino and Kering Beauté

Kering’s Q3 2025 revenue fell 5% on a comparable basis to €3.42 billion, an improvement from Q2’s 15% drop. Gucci sales declined 14% to €1.34 billion. Kering now must invest further in its 30% stake in Valentino and address a pending lawsuit from Coty over Gucci’s beauty license.

5. LVMH Sets Foot in Swiss Watch Movement Manufacturer La Joux-Perret

LVMH acquired a minority stake in Swiss movement maker La Joux-Perret, securing access to high-precision solar quartz and mechanical calibres for brands like TAG Heuer, Zenith and Hublot. The strategic move strengthens LVMH’s industrial base in Switzerland.

What's your take on this week's news? Tell us below.

14/11/2025

On November 18, LUxperience(s) 2025 will bring together four other inspiring voices shaping the future of luxury customer experience.

Ariane Berger (Ateliers Berger) will share her vision of craftsmanship as a living art - where excellence, emotion and innovation come together to create meaningful luxury experiences.

Caroline Pannhasiri (Gemmyo) will discuss how emotion, creative direction, and storytelling shape authentic connections between luxury brands and their clients.

Tony Pinville (Heuritech) will reveal how AI is transforming fashion and luxury, enabling brands to anticipate trends and understand consumer desires in real time.

Claire Domergue, Founder and Publishing Director at Luxus+, will host and moderate the discussions, guiding the conversation around the key transformations redefining the luxury customer experience.

A unique opportunity to understand how date, craftsmanship, creativity and storytelling together shape the next era of luxury experience.

📅 November 18, 2025 - Paris & livestreaming
📍 Morning Concorde (Hôtel de la Marine), 4 rue Royale - 75008 Paris
⏰ 8:30 - 13:00 followed by a cocktail lunch in partnership with Rare Champagne

Registration link: https://bit.ly/4nd0Ir

LUXperience(s) is organized by Luxus+ Club, in partnership with Groupe Ifop, Valtech, ISG Luxury Program, and Paris Packaging Week.

12/11/2025

Chef Guy Martin merges culinary artistry with business acumen, and Luxus+ had to have a conversation with him.

At 55, he runs Paris’s famed restaurant Le Grand Véfour and oversees a gastronomic empire that now extends into publishing and cookware. He credits his Savoyard upbringing and mountain roots with his respect for rhythm, seasonality and craft.

When asked about entrepreneurial evolution, he said even the finest dish demands a vision, from product sourcing to staff choreography to story-telling around the plate.

Have you been to the Le Grand Véfour, and what are your thoughts on it?

Read the complete interview by Vicky Berger on Luxus+
Link in the comments below.

08/11/2025

5 key luxury headlines this week.
A curated roundup of the biggest stories shaping the industry:

1. Coty Sees Recovery Path Despite Q1 Decline

Coty’s Q1 2025-26 net revenues dropped 6% to US$1.57 billion, with adjusted EBITDA down 18%. Despite the setback, the company forecasts a return to growth in the second half of fiscal 2026, citing an organizational overhaul, price hikes in the U.S., and a strategic focus on its premium fragrance portfolio.

2. Niche Fragrance Houses Strengthen Governance Amid 41% Growth

Parfums de Marly and Initio Parfums Privés recorded around US$775 million in retail sales, up 41% year-on-year. They have appointed Patrice Béliard as CEO and enhanced governance to support global expansion, after Advent International acquired a majority stake in the two brands.

3. European Markets Slip While U.S. and Asia Rebound

European indices fell modestly, STOXX 600 down 0.21%, EuroSTOXX 50 down 0.27%, even as Wall Street and Asia posted gains. Soft earnings, elevated tech valuations, and macro uncertainty dampened sentiment in Europe even amid global rally signals.

4. Fondation Cartier Reopens at Historic Paris Landmark

The Fondation Cartier pour l’art contemporain has relocated to 2 Place du Palais-Royal, opposite the Louvre, unveiling an 8,500 m² venue redesigned by architect Jean Nouvel. The opening exhibition spans 4,500 works, marking a major cultural reinvention in central Paris.

5. Puig Posts €1.30 Billion Q3 Revenue, Raises Full-Year Outlook

Beauty and fashion group Puig delivered net revenues of €1.30 billion in Q3 2025, up 6.1% like-for-like. Makeup surged 18.8% and skin care 10.5%. The company now expects full-year growth in the 6-8% range, driven by Makeup and the Asia-Pacific region.

What's your take on this week's news? Tell us below.

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Heures d'ouverture

Lundi	10:00 - 20:00
Mardi	10:00 - 20:00
Mercredi	10:00 - 20:00
Jeudi	10:00 - 20:00
Vendredi	10:00 - 20:00
Samedi	10:00 - 20:00
Dimanche	10:00 - 20:00

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