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Monterey 2026 closed at a record USD 758.3 million, up 75% on last year. But sell-through was flat at 75%: the same proportion of cars sold, at much higher prices. A supply story wearing a demand headline.
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.
Paris Haute Joaillerie Week once again demonstrated why the French capital remains the global . . .
Richemont has opened its 2027 financial year with an outstanding first quarter, reinforcing the enduring . . .
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.
The North American real estate market continues to evolve with clarity and purpose in 2026. Recent data highlights a landscape defined by stability, disciplined growth, and long term wealth alignment. For the 1%, this environment creates a refined space where strategic decisions shape enduring value.
Davos has always been a meeting of influence. But in 2026, the real headline is not who is speaking on . .
As the global elite descended upon Art Basel Miami Beach, Cartier unveiled an experience not just designed to be seen . .
In an era of shifting markets and heightened global uncertainty, one truth remains constant among the 1%: art is no longer . .
The U.S. government shutdown that began earlier this month didn’t just blunt commercial air traffic – it sparked a strategic . .
