Keywords: LUXURY


Estée Lauder remains open to acquisitions after Puig talks collapse, CEO says

Estée Lauder remains open to future acquisitions following the collapse of merger discussions with Spanish fashion and beauty group Puig, according to the company’s chief executive. The proposed deal, which would have created a major global player in the premium beauty industry, fell apart......

Marrakech luxury property prices rise as foreign demand accelerates

Marrakech’s prime residential property market has recorded strong growth since 2023, driven by rising demand from international buyers, younger professionals, and Moroccan expatriates seeking second homes and lifestyle investments. The city, long associated with retirees and seasonal visitors,......

Ferrari pushes ahead with Luce EV despite fierce public backlash

Ferrari’s first fully electric vehicle has triggered sharp criticism from investors and longtime enthusiasts just days after its unveiling in Rome, yet company executives insist demand remains strong and customers are already placing deposits. The new model, called Luce, marks a major shift for......

Ferrari shares fall after lukewarm reaction to new electric Luce model

Shares of Ferrari dropped sharply after the unveiling of its first fully electric vehicle, the “Luce,” which received a mixed reaction from investors and automotive critics. The launch marks a major turning point for the iconic luxury brand as it enters the fully electric vehicle market.......

Ferrari stock falls after unveiling Luce electric vehicle in Rome

Ferrari shares dropped sharply on European markets following the unveiling of the company’s first fully electric vehicle, the Luce, at an event in Rome. The decline came as investors reassessed demand prospects for ultra luxury electric vehicles and questioned whether Ferrari could maintain its......

Ferrari unveils Luce as its first fully electric supercar

Ferrari has introduced its first fully electric vehicle, the Luce, at a dedicated event in Rome, marking a major milestone in the Italian manufacturer’s 78-year history. The launch signals a strategic shift for a brand long defined by high-revving combustion engines and motorsport heritage. The......

Daring car heist in Paris luxury parking: 21 high-end vehicles recovered

A major police investigation is underway in Paris after a highly organized theft targeted a luxury car concierge service in the 15th arrondissement, resulting in the disappearance of dozens of high-end vehicles. The incident occurred during the night of May 16 to 17, when a coordinated group of suspects......

Italian unions report strong participation in strike against Kering restructuring plan

Italian labor unions have claimed a major success following a one-day strike organized at facilities belonging to Kering, one of the world’s leading luxury companies. According to union representatives, participation rates ranged between 70% and 100% at several sites across Italy. The protest......

Gucci transforms Times Square for Cruise 2027 show amid brand revival efforts

Italian luxury fashion house Gucci unveiled its Cruise 2027 collection in a spectacular show held in New York’s famous Times Square, marking the debut of creative director Demna at the brand. The event transformed one of the world’s busiest public spaces into an open-air runway, with the......