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Dec. 18, 2025
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News briefs

Luxury demand, Cartier, Christie’s and Mandarin Oriental

May 14, 2020

Estimated at $1 million to $2 million, this 28.86-carat diamond ring is claimed to be the highest-valued lot ever offered for sale online at Christie’s.Image courtesy of Christie's Estimated at $1 million to $2 million, this 28.86-carat diamond ring is claimed to be the highest-valued lot ever offered for sale online at Christie’s.Image courtesy of Christie's

 

By Luxury Daily News Service

Luxury Daily's live news: 

Bar China, most levers of luxury demand on mute
The weakened macroeconomic backdrop, along with consumer uncertainty spanning employment, income, health and wealth, will reduce the number of aspirational shoppers that luxury brands are able to attract in the near- to medium-term future.

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  1. Luxury Unfiltered: Why the best luxury experiences look exactly like the worst ones (on paper)
  2. Dior builds five-story statement flagship in Beijing
  3. With ‘My Call,’ Rémy Martin finds meaning in new milestones
  4. Louis Vuitton shares names of final Watch Prize contestants, jury members
  5. Chef Yotam Ottolenghi to debut first Netherlands restaurant at Mandarin Oriental Amsterdam
  6. US luxury car market expected to double in next decade: BCG
  7. Matches plots second act under new ownership
  8. ‘Sound. Elevated.’ from Bang & Olufsen marks centennial
  9. Lamborghini heads to French Alps for women-led driving series
  10. Ennismore picks Bangkok site for first-in-region SLS Residences
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