Finance

British Baroque: Power and Illusion at the Tate Britain

Though mention of baroque usually conjures up images of gloriously over-the-top European courts – personified by the Sun King himself, Louis XIV – a new exhibition at Tate Britain, the first of its kind, showcases baroque art and culture in Britain. Covering the later 17th century, from the restoration of Charles II in 1670 (his father Charles I had been executed in the aftermath of the English Civil War) to the death of Queen Anne in 1714, it explores the overlap between art and power in this often-overlooked era

Salvatore Ferragamo Group Consolidated Revenues up by 2.3% in FY 2019

The Salvatore Ferragamo Group, one of the global leaders in the luxury sector, released the Group’s Preliminary Consolidated Revenues for Fiscal Year 2019, which amount to 1,377 million Euros up 2.3%

Gismondi 1754 makes its debut on Aim Italia

Gismondi 1754 makes its debut on Aim Italia (the Milan Stock Exchange market dedicated to SMEs) in a decidedly upward trend

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

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 3rd Annual Sohn Monaco Investment Conference

The 3rd Annual Sohn Monaco Investment Conference gathered renowned hedge fund and asset managers to discuss their most compelling investment ideas on Thursday 6 June at the Monaco Yacht Club. Excellence Magazine was one of the media partner of the event, bringing its contribution in terms of dissemination and promotion of the topics covered during the important conference