Week 40 in Luxury: Off-White Sold, Hedi Slimane Departs LVMH, Rolex Goes Pre-Owned, and Armani Launches ‘Blanche’

Welcome to the Week 40 edition of "This Week in Luxury," where we’ll bring you the latest developments in the world of luxury!

1. Off-White sold by LVMH to Bluestar Alliance 

Off-White has a new owner. On Monday 30th September, LVMH announced it sold the Virgil Abloh-founded brand to brand management company Bluestar Alliance, which owns brands including Scotch & Soda, Hurley, Bebe, Catherine Malandrino, and American teen brands Justice, and Limited Too.

Read the full article here | Vogue Business

2. Hedi Slimane is exiting LVMH’s

The star designer is departing the Parisian fashion house after months of thorny contract negotiations.

Read the full article here | BOF

3. Rolex will now sell you a used watch 

The company that makes what are probably the world’s most desirable timepieces is now in the used watch business. Rolex calls it “Certified Pre-Owned,” but what matters to customers is knowing that the watch they are buying is a Rolex and not a fake.

Read the full article here | Bloomberg

4. Giorgio Armani Unveils ‘Blanche’

Giorgio Armani expands its fine jewelry offerings with the introduction of the ‘Blanche’ collection, a new line that draws inspiration from the rare and exquisite Sambac jasmine flower.

Read the full article here | Diamond World

That concludes this week's edition of "This Week in Luxury." Stay tuned for more updates on the world of luxury in the weeks to come!

Check the past editions of “This Week in Luxury” here.


Do you want to learn more about the luxury industry? Join our Luxury Club Membership and learn from the best professionals through courses and masterclasses, and gain access to exclusive resources, events and networking opportunities: https://www.luxurymarketingconnectmonaco.mc/club


Luxury, Cartier, jewellery workshops, ropean Heritage Days, Kering, Alexander McQueen, luxury stocks, inflation, China, Chanel, watches, jewellery, ultimate luxury push, wealthy customers, spending forecasts, luxury industry trends.

Previous
Previous

Effects of Economic Crises on the Luxury Market

Next
Next

Week 37 in Luxury: Luxury's New Frontiers, Exclusive Clubs, Fashion Power Moves, and LVMH's Expanding Influence