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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. EssilorLuxottica acquires Japan's Washin Optical Co.
  2. Porsche uses Apple Vision Pro to improve production trainings
  3. Cunard taps world's first female master tailor
  4. Chanel pushes watches, fine jewelry to new heights for holiday
  5. Zero-waste wearables lead digital release from Stella McCartney
  6. Burberry sponsors outdoor excursions for UK youth
  7. Made-to-measure garments color Dolce & Gabbana campaign
  8. Dolce & Gabbana exhibition coming to Milan's Palazzo Reale
  9. The Macallan Estate to host 'Cirque du Soleil Sprit' showcase
  10. Balmain takes minimalist approach in conceptual campaign
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