Salma Hayek’s Billionaire Marriage Bombshell: No Prenup, Separate Fortunes, and a Life of Luxury and Independence!

November 8, 2024
Salma Hayek’s Billionaire Marriage Bombshell: No Prenup, Separate Fortunes, and a Life of Luxury and Independence! In an interview with The Wall Street Journal, actress Salma Hayek shared intriguing details about her financial arrangements with her husband, François-Henri Pinault. The couple, who married in 2009, chose not to sign a prenuptial agreement—a notable choice given […]
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Rolex and it's dominance over the competition

May 18, 2023
With substantial waiting lists, Rolex's dominance in the luxury watch market can be attributed to its commitment to exceptional craftsmanship. Each Rolex timepiece is handcrafted with an attention to detail that watch aficionados lap up. From the selection of the finest materials to the assembly of every component, Rolex watches exemplify Swiss watchmaking, which has […]
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The Next Generation: How Luxury Brands Are Adapting To The Challenge Of Younger Audiences

July 19, 2022
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 […]
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Chinese Lockdowns Limit Burberry’s Sales Growth

July 15, 2022
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 […]
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Prada CEO Patrizio Bertelli Plans Hand Over Role Within 3 Years

November 19, 2021
Bertelli told an analyst presentation in Milan that he says three years because of his age, though insists he’s not anxious about it. He says he believes his son has “the right attitude” for the job, but “it will be up to him to decide” when to take over. Lorenzo, who currently stands as the […]
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Joshua Schulman Named As CEO Of Michael Kors Brand

August 25, 2021
Schulman will initially be responsible for all aspects of the Michael Kors brand globally and will report to Idol.  Schulman previously held the role of president and CEO of the Coach brand between 2017 to 2020. Prior to this role, Schulman worked with the Neiman Marcus Group as president of Bergdorf Goodman between 2012 to […]
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How Global Luxury Brands Can Make The Most Of China’s Flourishing Duty-Free Market

June 17, 2021
James Hebbert, managing director of Hylink (UK), gives CEO Today an insight into China's thriving duty-free market and explains how global luxury brands can make the most of it.  China's duty-free market is rapidly expanding, particularly in the island province of Hainan where even domestic tourists can shop duty-free. Last year alone, duty-free sales in Hainan […]
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Welcome to the Sustainable Revolution: How are Luxury Brands Becoming More Sustainable?

June 11, 2020
And although luxury brands have an advantage over fast-fashion retailers because their products are items that you’d keep in your collection for years to come, they shouldn’t ignore the growing trend towards sustainable and conscious products. Millennials and Gen Z consumers, who are currently driving 85% of global luxury sales growth, are actively making changes […]
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