Business

Shopping tourism: one Italian out of three, travels to make purchases

Not just culture or relaxation: at the top of the wish list of Italian travelers there is also shopping. Almost one in three, in fact, declares to travel to make purchases. In the Peninsula, Milan is the preferred destination for national tourist shopping, who mostly buy fashion products in the commercial streets of the big cities

Excellence Magazine: new ideas, projects and goals for the next year

Excellence Magazine built on its range of enterprise services with valuable collaborations that will offer our partners the opportunity to benefit from visibility and appearances on highly influential international stages: the major European film festivals like Cannes and Venice, exclusive events like the Longines Global Champions Tour and the Formula 1, and gatherings in prestigious locations around London, Paris, Milan, Rome and Montecarlo.

Altagamma: luxury grows by 4%, now worth 1.268 billion Euros

Milan hosted the 18th edition of the Altagamma Observatory, which presented data from the Altagamma 2019 Worldwide Market Monitor study, carried out by Bain & Company on the luxury market

Tiffany enters the orbit of LVHM

Lvhm, the world's leading luxury goods company, has bought American Tiffany jewelery. The two groups announced this in a joint note. The transaction is worth about 14.7 billion euros, or 16.2 billion dollars, for Tiffany

Deloitte launches 6th Art & Finance Report

The interest in art and collectibles as part of a holistic wealth management strategy continues. Technology, changes in regulations, and social impact investing are key trends to shape the art and finance market in 2019 and moving forward.

LVMH for luxury holding is a real boom

Le azioni del gruppo LVMH crescono di quasi il 50% da inizio anno, trascinando il comparto del lusso al rialzo. Il prezzo delle azioni è passato, in poco più di nove mesi, da 253,3 euro di inizio 2019 agli odierni 375,8 euro

A week of dispersion

The last 5 trading days were overall neutral for luxury stocks, even if quite  a few things happened on the market. Equities as a whole closed little changed globally: the S&P 500 declined a bit while the European Stoxx 600 managed to edge a tiny bit higher. Asia finished almost unchanged recouping most of the losses suffered through the earlier part of the week

An Italian center for luxury design: Pattern lands at Piazza Affari

Milan Stock Exchange, Piazza Affari. The AIM Italia index now also lists Pattern, a company active in designing, engineering, developing, prototyping, and producing apparel collections for several high-end global brands in the segment of runway shows and men’s and women’s main lines

A choppy yet positive week

Last week was not particularly eventful neither for equities as whole nor for luxury stocks specifically The only remarkable piece of news recorded was once again to be found within the US market where the S&P 500 managed to close for the first time above the 3000 threshold

The boom of rental fashion: set to be worth US$ 1.9 billion by 2023

An epochal turning point that might change the shopping universe for good, besides finally solving some never-ending issues with closet storage. Already a hit in the US, the trend of rental fashion is now rapidly growing in China and the United Kingdom too. According to Allied Marek Research, this phenomenal growth will lead it to be worth a record US$1.9 billion by the end of 2023