© 2025
The One Percent.
All Rights Reserved.
Luxury collectibles are now the second-largest revenue stream at Christie’s and Sotheby’s. The houses are not selling watches for the margin, they are buying a client relationship at twenty-five to consign a painting at fifty.
LVMH has delivered a resilient first half of 2026, with its Watches and Jewellery division once again demonstrating the enduring strength of luxury jewelry despite a more measured pace across the global luxury sector.
The world’s largest luxury group reported first-half revenue of €33.6 billion, an increase of 2 percent compared with the same period last year, while recurring operating profit remained stable at €8.7 billion. A stronger second quarter, with revenue growth accelerating to 3 percent, suggests confidence is returning to the luxury market as demand stabilizes across key regions.
Luxury fashion brands are entering one of the most significant transformations in decades.
While the global luxury industry is returning to sustained growth, the most important evolution is not simply financial. It is the emergence of a new luxury consumer, one who values craftsmanship, wellbeing, technology, and timeless design above traditional status symbols.
Richemont has opened its 2027 financial year with an outstanding first quarter, reinforcing the enduring . . .
Automobili Lamborghini has appointed Christian Mastro as Chief Executive Officer of Automobili Lamborghini America, marking a new milestone for one of the world’s most iconic luxury car brands.Bringing more than two decades of international leadership experience, Mastro assumes responsibility for one of Lamborghini’s most strategically important markets as the marque continues to strengthen its presence across North and South America.
Bringing more than two decades of international leadership experience, Mastro assumes responsibility for one of Lamborghini’s most strategically important markets as the marque continues to strengthen its presence across North and South America.
Richemont has reinforced its position as one of the dominant forces in luxury jewelry, reporting strong fiscal year results driven by exceptional performance from its prestigious jewelry maisons.
The owner of Cartier, Van Cleef & Arpels, Buccellati, and Vhernier generated €22.4 billion in annual sales for the fiscal year ending March 31, reflecting continued appetite for high jewelry among the world’s most affluent consumers.
For the 1%, luxury jewelry remains one of the most coveted categories within personal luxury, combining artistry, heritage, and enduring value. Richemont’s latest results highlight how demand for exceptional craftsmanship continues to shape the global luxury landscape.
Jewelry Continues to Lead Luxury Growth
Richemont’s jewelry division delivered €16.5 billion in annual sales, representing an 8 percent increase at actual exchange rates and 14 percent growth at constant exchange rates.
Savannah Friedkin Jewelry is entering a new phase of growth with the appointment of Morgan P. Richardson as chief executive officer, reinforcing the brand’s ambitions within the evolving world of luxury jewelry.
The New York based house, founded in 2024 by Savannah Friedkin, has quickly positioned itself within a new generation of fine jewelry brands focused on elevated design, modern craftsmanship, and conscious luxury.
Luxury Fashion Brands are entering a phase shaped by a single defining force.
In the refined world of luxury car brands, Ferrari continues to shape the narrative of performance and elegance through vehicles that capture both emotion and engineering mastery. The Ferrari Amalfi Spider introduces a new chapter in open top grand touring, designed for those who seek freedom, design precision, and immersive driving experiences. For the 1%, the Amalfi Spider represents a seamless blend of Italian craftsmanship and contemporary performance.
Van Cleef & Arpels has unveiled a new chapter in its American journey with the relocation of its boutique within . .
