Breaking News

In recent years, the concept of housing has evolved, and one of the most fascinating trends is that of luxury floating homes. These impressive structures not only offer a unique way of living, but they also give a water-based living experience like never before imagined. From innovative designs to sustainable technologies, luxury floating homes are redefining the way we interact with our aquatic environment.

LVMH has announced a major executive restructuring, promoting Alexandre Arnault and Jean-Jacques Guiony to enhance leadership and business strength amid global challenges. Guiony, former CFO, becomes CEO of Moët Hennessy, tasked with revitalizing the division following an 8% sales decline. Alexandre Arnault, now Deputy General Director at Moët Hennessy, brings experience from Tiffany & Co. and Rimowa, highlighting a focus on succession planning. Additionally, Charles Delapalme takes over as CEO of Hennessy, reinforcing LVMH’s commitment to internal talent development. This strategic reshuffle aims to adapt to market changes and maintain LVMH’s dominance in the luxury industry.

Luxury is an emotional experience, with brands using neuroscience to understand consumer responses to exclusive products. By studying brain activity, they design marketing strategies that activate areas related to reward and pleasure. Multisensory experiences, including visual, tactile, auditory, and olfactory stimuli, deepen emotional connections, driving personalization and consumer loyalty.

Louis Vuitton, the iconic luxury brand, has announced plans to open its first hotel in Paris by 2026. The building chosen is the historic Elysée Palace, which has served as the headquarters of HSBC in recent years. This marks a significant move into the hospitality industry, as the brand aims to extend its influence beyond fashion.

PVH Corp., owner of iconic brands like Calvin Klein and Tommy Hilfiger, has announced the appointment of Fredrik Olsson as its new CEO for Europe, Middle East, and Africa (EMEA). Olsson, with over two decades of experience at H&M in various leadership roles, will replace Martijn Hagman, who has been CEO of Tommy Hilfiger Global and PVH Europe since 2020. This strategic change aims to strengthen PVH’s presence in the competitive European market.

LUXONOMY ULTRALUXURY MAGAZINE, established in 2013 and rebranded in 2019, caters to ultra-high-net-worth individuals with a focus on quiet luxury. Boasting 1,000 billionaire subscribers, it emphasizes refinement and exclusive content on art, fashion, and travel. Its 2025 cover reflects its commitment to quality, offering an alternative to fast digital consumption.