Pininfarina has announced that its Battista electric sports car has entered series production at its atelier in the Piedmont region of Italy. The uber-sleek vehicle, which costs £1.7 million, is being produced in a dedicated 7,546-square-foot space located at the company’s Cambiano headquarters. A team of 10 craftspeople will build each Battista, with each EV […]
When you return to work after a holiday, you’ll likely find that you’re more productive and efficient. You may also find that you have a refreshed perspective and a greater appreciation for your job. In short, taking regular holiday breaks is good for your mind, body, and soul. So go ahead and book that vacation […]
Although Millennials and Gen Z have had their differences, they have one major thing in common for the luxury industry – they are both making up more and more of luxury brands’ customer bases. Millennials are expected to make up to 50% of the whole luxury market by 2025, and from February 2021 to February […]
Burberry revealed that first-quarter sales dipped 35% in the country which is a vital market for its clothing. Prior to the pandemic, approximately one-third of the global luxury industry was reliant on Chinese spending, both at home and aboard as tourists. Excluding China, Burberry’s sales were up 16% globally, but when included, sales only rose […]
Beverage giant Diageo has been making use of Vivanda, an artificial intelligence (AI) tool that could soon be recommending your next bottle of whisky. Diageo has been using Vivanda’s technology since 2019 in numerous markets, including the “Journey of Flavour” experience at Johnnie Walker Princes Street in Edinburgh. Vivanda is the foundation behind the “What’s […]
According to a Monday report by Bloomberg, luxury fashion brand Tom Ford is in talks with investment bank Goldman Sachs about a company valuation. The potential sale could put the company’s worth at several billion dollars, though as the details of Tom Ford’s financials are not public, this figure is difficult to estimate. According to […]
The whisky industry has woken up to the idea of unexpected pairings and it’s not middle-aged men having a nightcap they are targeting — it’s the young — at parties and BBQs — in the middle of summer. Such whisky expressions are booming with double-digit growth year-on-year – and distillers, both big and small, are […]
Bulgari Resort Ranfushi will be built on the isle Raa Atoll, just 45 minutes from Malé airport by seaplane When completed, the resort will boast 54 spectacular rooms, 33 beach villas featuring their own swimming pools, and 20 overwater villas. All accommodation options will have access to a range of luxurious amenities, including a fitness […]
Luxury Italian carmaker Lamborghini is set to invest a minimum of €1.8 billion to produce a new hybrid lineup by 2024 and to release a fully electric model by the end of the decade. The announcement comes as the European Union agrees to ban the sale of petrol and diesel cars by 2035 in a […]
In the ever-changing world of business, it can be hard to find time to relax, re-evaluate and reflect upon the challenges you’re facing on both a personal and professional level. Such pressures make taking a hard-earned break over the summer season all the more important, with a chance to recharge and get back to your […]
Danish yacht maker X-Yachts has recently launched an innovative new sailing yacht that is as sleek and stylish as it is sustainable. Named the X49E, the 49-foot yacht is the very first electric sailboat produced by the luxury sailboat maker. The X49E is based on X-Yachts’ existing X49 model, but renounces the traditional diesel engine […]
According to the country’s Minister of Environment, Climate Change and Technology, the Maldives could disappear by the end of the century, if the world does not act quickly. In response to this devastating estimate, the government of the Maldives has been working in collaboration with Netherlands-based developer Dutch Docklands to generate plans for an innovative […]
CEO Today Online and CEO Today magazine are dedicated to providing CEOs and C-level executives with the latest corporate developments, business news and technological innovations.
