
11/10/2025
5 key luxury headlines this week.
A curated roundup of the biggest stories shaping the industry:
1. Vestiaire Collective Names New CEO Amid Growth Drive
Vestiaire Collective has appointed Bernard Osta as CEO, succeeding Maximilian Bittner after seven years. Osta, formerly CFO and Chief Strategy Officer, plans to accelerate growth through AI innovation, enhanced authentication, and global market expansion, reinforcing the resale platform’s role in sustainable luxury fashion.
2. European Markets Open Higher Despite Political Uncertainties
European stock markets opened with gains even as political instability lingered across major countries. Investors shrugged off governmental turbulence, focusing instead on easing interest rate expectations and corporate earnings. Key indices traded above recent lows, reflecting cautious optimism ahead of upcoming economic data and geopolitical developments.
3. Demna’s Gucci Debut Boosts U.S. Retail Traffic and Sales
Demna’s first Gucci capsule collection—launched with a film during Milan Fashion Week and deployed in flagship stores, has reignited U.S. consumer interest. Store visits increased by over 50% at Rodeo Drive and nearly 20% in New York, signaling strong early demand and potential for brand revitalization.
4. BMW Surges in Q3 Deliveries While Mercedes Slows
BMW accelerated its deliveries in Q3 2025, capturing higher premium segment demand, while Mercedes-Benz experienced a slowdown. Growth at BMW suggests consumers are favoring its electrification push and model rollout, indicating shifting competitiveness within the luxury auto market.
5. Travis Scott’s Rare Cincoro Tequila Bottle Sells for $13,000
A one-of-a-kind bottle of Cincoro Extra Añejo tequila, co-founded by Travis Scott, fetched over $13,000 at auction. The sale underscores the growing collectibility of celebrity-bridged spirits and the premium placed on limited-edition luxury beverages in high-end auctions.
What's your take on this week's news? Tell us below.