LVMH’s Watches and Jewellery Division Drives Resilient Growth in the Global Luxury Market

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.

Continue reading

Richemont Completes Baume & Mercier Sale to Damiani Group | Luxury Jewelry Industry

The world of fine watchmaking and haute joaillerie moves with quiet purpose, guided by those who understand that true luxury endures. In one such moment of graceful transition, Richemont has officially completed the sale of Baume & Mercier to the Damiani Group.

The transaction marks a defining milestone for both houses, uniting nearly two centuries of Swiss watchmaking heritage with one of Italy’s most revered luxury jewelry groups.

Continue reading

Luxury Private Jet Strategy: Why Flexible Aircraft Are Becoming Essential for the 1%

The future of private aviation is increasingly shaped by flexibility. While ultra long range aircraft continue to dominate intercontinental travel, a growing number of Ultra High Net Worth Individuals are seeking aircraft capable of connecting business centers, alpine destinations, coastal retreats, and secondary airports with greater efficiency.

This shift is helping drive interest in a new generation of aircraft designed around accessibility and versatility. The latest example comes from Europe, where a newly delivered Pilatus PC-24 has entered charter service under professional aircraft management, further expanding access to one of business aviation’s most adaptable platforms.

Continue reading

Luxury Jewellery: New Friedkin Jewelry CEO Vision

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.

Continue reading