THE LUXURY BLOG is all about what it is happening within the Luxury Industry. It is mainly written by the President & CEO of THE LUXURY CONSULTING COMPANY.

SAINT LAURENT PARIS @ THE HOLLYWOOD PALADIUM in LOS ANGELES

2/9/2016

Mark your pre–New York Fashion Week calendar for February 10, the day that SAINT LAURENT will debut its men's fall line and the first part of its women's collection at the Hollywood Paladium in Los Angeles.

The fashion house is one of the most iconic and successful house within the KERING Group (GUCCI, BOTTEGA VENETA, McQUEEN, BALANCIAGA). Hedi Slimane is the creative director who has rejuvenated the SAINT LAURENT PARIS brand since March of 2012.

According to the last official published results by KERING Group in November 2015, sales for SAINT LAURENT were at €707 M in 2014, with a H1- 2015 at €443M + 38% vs 2014 and Q3-2015 at € 243 M +36.9% vs 2014. We believe that SAINT LAURENT should confirm an excellent year in 2015.

In an undoubtedly turbulent year, this is sure to be a moment to watch.

This year marks the tenth anniversary of the Hedi Slimane Diary, which is, Saint Laurent tweeted, "an interpretation of the written daily diary through photography." The diary's dedication to music has inspired the theme of the show at the Palladium, which will be a tribute to L.A.'s music scene.

The French - Paris house announced the Palladium show with a slew of all caps tweets and Instagram. Discover them all on http://www.ysl.com/corporate/fr/saint-laurent-at-palladium/ . The second part of the women's line will debut during Paris Fashion Week on March 7th, 2016.

BULGARI, The Future Global Brand of the LVMH Group...A New Hotel for 2018 in Dubai !

6/16/2015

BULGARI will be in the year to come one of the most powerful brand of the LVMH Group € 30.638 B Sales and Profit from recurring Op at € 5. 715 B in 2014.
The Watch & Jewelry division ( BULGARI including in it) representing 9% of the total revenue of LVMH at €2.782 B with a Op result at €191 M in 2014.

The DNA of the BULGARI Brand will allow natural extension to mainy products category and services, after Jewelry and Watches, Perfumes, and leather goods...The Hotel category.

After Milan, Bali, London and Shanghai, Bulgari has announced the opening of a fifth hotel in Dubai towards the beginning of 2018. Located on the exclusive Jumeirah Bay island, the 185,000-square-meter plus residence will be decorated in Bulgari’s iconic luxury style.

CHOPARD & The Cannes Film Festival !

5/20/2015

THE 2015 RED CARPET COLLECTION68 SPECTACULAR HIGH JEWELLERY CREATIONS

The amazing love story between Chopard and film-making continues beneath the Mediterranean sky with a dazzling Haute Joaillerie collection. In 2015, for the 68th edition of the Festival, no less than 68 one-of-a-kind pieces will eloquently showcase the talent and expertise of our Geneva ateliers on La Croisette. Propelling Haute Joaillerie towards ever broader horizons, the Red Carpet collection breathes incomparable glamour into the Cannes Film Festival and its stunning nightly mounting-the-steps ritual

APPLE WATCH...The Watch Reimaginated...A Future Revolution in the TechnoLuxury !

3/9/2015

January 12th, 2015

1/12/2015

The SIHH returns for its 25th edition, January 19th to 23rd 2015. This anniversary is a tribute to the continued success of what began as something of a bold move, as well as a celebration of the exhibiting Maisons which have done justice to the watchmaker's art throughout these years.

Exhibitors: A. Lange & Söhne Audemars Piguet Baume & Mercier Cartier Greubel Forsey IWC Jaeger-LeCoultre Montblanc Officine Panerai Parmigiani Fleurier Piaget Ralph Lauren Watch & Jewelry Richard Mille Roger Dubuis Vacheron Constantin Van Cleef & Arpels

RICHEMONT, Interim Mid Year 2014 Results.

11/17/2014

RICHEMONT has published on Nov 17, its interim mid year results 2014.

Chairman’s commentary
Johann Rupert Chairman
Compagnie Financière Richemont SA Geneva, 7 November 2014

"Richemont results for the first half were fairly resilient overall, given the volatility of the environment that affected our clients and retailer partners in all regions, with the notable exceptions of the Americas and Middle East. Worth highlighting is the resilience of the jewellery category where sales rose by 10 % at constant exchange rates.

In this difficult environment, our Maisons benefited from successful product launches and, in certain markets, price increases. Lower precious material prices and cost containment measures helped mitigate subdued sales and the overall negative impact of foreign exchange rates. The decline in operating profit was limited to 4 %.

Net profit decreased by 23 %. Together with the lower operating profit, this reduction is explained by the substantial € 239 million mark-to-market charge associated with our well- established hedging programme. This compares to a gain of € 127 million in the comparative period.

Cash flow from operations remained solid, reflecting strict working capital management by the Maisons. Richemont has an exceptionally strong balance sheet with net cash of € 4.3 billion at 30 September 2014.

In the month of October, sales increased by 4 % at actual exchange rates. Sales in the month were 1 % lower at constant exchange rates, partly reflecting the exceptional level of high jewellery sales in the Asia Pacific region during the comparative period. In geographic terms, the volatile sales pattern seen during the six-month period continued into the month of October with growth in the Americas, Europe and the Middle East, but lower sales in the Asia Pacific region and Japan. Wholesale sales outperformed retail in certain regions.

As in previous challenging periods, cost control measures have been put in place to preserve the Group’s cash flows. At the same time Richemont’s Maisons will continue to pursue their differentiated marketing strategies and planned investment programmes.

The external environment remains difficult ahead of the holiday trading period. Taking a longer-term view, the strength of the Maisons, the quality of our products, the skills of our artisans and the financial strength of Richemont means we can look forward positively. We remain confident that demand for high quality products will continue to grow in the global market. "

Financial highlights

Sales grew by 2 % to € 5 430 million and by 4 % at constant exchange rates
Performance varied across regions and product lines
Operating profit decreased by 4 % to € 1 311 million, reflecting volatile trading conditions and unfavourable currency movements

Operating margin declined by 160 basis points to 24.1 %
Profit for the period declined by 23 % to € 907 million, reflecting primarily unrealised currency hedging losses
Solid cash flow from operations of € 1 008 million

Mellerio dits Meller, The Jeweller of the Queens.

11/5/2014

Four hundred and one years ago, Marie de Medicis, Queen of France, granted special privileges to the Mellerio family by royal decree, thus giving birth to what would become the oldest dynasty of jewellers.

Today 401 years after, still at the 9 rue de la Paix, in Paris where where everything started, the 15th generation with Emilie Mellerio, as President, is managing this unique jewelry house known as " The Jeweller of the Queens" and continue to create beautiful and exceptional jewelry. Among our favorite pieces, The "Medicis" Collection, The "Monte Rosa", The "Reines de Coeur", The "Eden Rose", and "La Neuf" - "The New One" watch collection !

Swiss Watchmaking Export, Sep2014

10/21/2014

Swiss watchmaking in September 2014 Steady growth

In September Swiss watch exports progressed in line with the first eight months of the year, continuing a positive trend and recording a high value. With one working day more but an unfavourable base effect, the increase was +2.8% compared to September 2013, to a level of nearly 2 billion francs.

The I WATCH: The New Revolution in Time

9/26/2014

The I Watch !

The I Watch is a major innovation and will shake up the market the same way they did for the Phone industry, by introducing smart watches, as APPLE did with smart phones. All Established Watch Brands from high end to low end, should rethink their strategy in perspective of what APPLE has presented, a complete new digital connected mobile smart watch that will capitalized on the APPLE existing digital eco system. On APPLE side, they should anticipate markets reaction. For all actors, for all the watch supply chain, consumers, retailers, watch brands, manufacturers : This is a New Revolution in Time !

"Don't Crack Under Pressure" by TAG HEUER, the Mythical Advertising Campaign is back !

9/5/2014

Founded over 150 years ago, watchmaker TAG Heuer has revived its famous slogan “Don’t Crack Under Pressure”, challenging all aficionados of adrenaline and bold initiatives, In a campaign breaking in September 2014, where TAG Heuer refocuses its identity, inspired by the slogan that became a milestone in the company’s history after it was introduced in the 1990s, you will discover new brand ambassadors such as Football star Cristiano Ronaldo and Formula 1 driver Jenson Button tweet challenges to one another in their respective sports before facing off in a football match…behind the wheel of a McLaren racecars !

SAINT LAURENT PARIS @ THE HOLLYWOOD PALADIUM in LOS ANGELES

BULGARI, The Future Global Brand of the LVMH Group...A New Hotel for 2018 in Dubai !

CHOPARD & The Cannes Film Festival !

THE 2015 RED CARPET COLLECTION68 SPECTACULAR HIGH JEWELLERY CREATIONS

APPLE WATCH...The Watch Reimaginated...A Future Revolution in the TechnoLuxury !

January 12th, 2015

RICHEMONT, Interim Mid Year 2014 Results.

Mellerio dits Meller, The Jeweller of the Queens.

Swiss Watchmaking Export, Sep2014

The I WATCH: The New Revolution in Time

The I Watch !

"Don't Crack Under Pressure" by TAG HEUER, the Mythical Advertising Campaign is back !

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The I Watch !

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