Luxury Headlines – 06/04/2026
Luxury Headlines – 06/04/2026
-
Kering Expands Jewelry Division with €115M Stake in Raselli Franco Group
Following the launch of its new jewelry division, Kering has acquired a 20% stake in the Raselli Franco Group for €115 million. This investment values the independent manufacturer and long-term partner of Kering at €575 million. In line with the agreement established in December, Kering has set a structured timetable to complete a full acquisition of Raselli Franco Group by 2032.
-
RH Reports Robust FY2025 Growth Amid Global Volatility
US Luxury home goods brand Restoration Hardware (RH) demonstrated operational resilience in FY2025, navigating a volatile macro-environment impacted by tariffs and global geopolitical instability. The company reported Q4 net revenues of $843 million, a +3.7% year-over-year increase, while FY revenue rose +8% to $3.44 billion. Notably, RH’s 2-year growth of +15% outperformed furniture industry peers by 7 to 30 basis points. Fiscal year profitability included an adjusted EBITDA of $597 million (17.3% margin) and a free cash flow of $252 million, a $466 million year-over -year increase. For FY2026, RH projects revenue growth of +4% to +8%, with expansion projects in 48 new North American markets and international projects, including the opening of RH Milan. The Spring 2026 launch of RH Estates, featuring bespoke and couture furniture, remains a key strategic expansion.
-
Hermès Expands Design Team for Haute Couture Debut
Hermès is strengthening its design team as it prepares to enter haute couture. French designer Léa Peckre is expected to join the company and work under Nadège Vanhée. Formerly the Design Director for women’s ready-to-wear at Celine for 5 years, Peckre also founded her namesake brand that debuted across multiple seasons at Paris Fashion Week. She gained recognition after winning the Hyères fashion festival in 2011 and the ANDAM First Collection prize in 2015. The house is also expanding its menswear team under Grace Wales Bonner ahead of its runway debut in January 2027.
-
Golden Goose Boosts Spanish Presence with a New Flagship in Barcelona
Italian luxury footwear brand Golden Goose is accelerating its Spanish expansion by opening a new flagship store on Barcelona’s Paseo de Gracia. This standalone opening strengthens the brand’s retail footprint alongside existing locations in Madrid, Ibiza, and Marbella and comes on the heels of the new majority ownership by Chinese fund HSG with Temasek as a minority shareholder and Permira as a strategic partner. With Marco Bizzarri joining the board, the company has solidified its corporate structure to support this next phase of international growth and physical retail development.
-
Ralph Lauren Debuts First China Flagship in Chengdu
Ralph Lauren has officially launched its first flagship store in China, located within the high-end Chengdu IFS complex. Moving away from traditional hubs like Shanghai, RL is signaling that consumers in non-tier 1 cities are an important target markets, as this opening serves as a central home for the brand in Western China. The flagship functions as a comprehensive brand hub, housing dedicated sections for Double RL, Purple Label, and children's wear under one roof. Beyond retail, the flagship incorporates Ralph’s Coffee and Ralph’s Bar, creating an integrated brand ecosystem. This Chengdu debut marks one of the most complete physical expressions of the brand to date, allowing customers to engage with the Ralph Lauren universe across multiple lifestyle touchpoints in a single city.
-
Fairmont Unveils New Adventures Offerings to Deepen Cultural Connections
Fairmont Hotels & Resorts has expanded its “Special Happens…” initiative, launched in May 2025, by adding 6 new experiential offerings. Under the leadership of Chief Brand Officer Claudia Kozma Kaplan, the brand is focusing on "In the Wild" and "After Dark" categories to deepen guest connections with local communities. New standout excursions include private helicopter tours of the Great Wall of China, indigenous-led foraging in the Canadian Rockies, and a solar eclipse viewing at Fairmont Tazi Palace, Tangier. By integrating local culture and rare natural events, Fairmont’s executive vision effectively evolves the stay from a standard booking into a remarkable, memory-driven journey.
-
Chanel Brings Artisanal Mastery to the Museum of Art Pudong
Chanel is bringing its craftsmanship-focused cultural program to Shanghai, offering an immersive look into the skills behind its creations. From September 25 to November 15, La Galerie du 19M will take place at the Museum of Art Pudong, showcasing the work of Chanel’s specialist ateliers alongside Chinese craftsmanship and contemporary pieces from China and France. The exhibition is designed as an interactive journey, with hands-on experiences, workshops, and talks that encourage visitors to engage with craft as a living practice. A key Highlight is a retrospective of Lesage, celebrating its 100-year history. The initiative is part of Le19M, a hub dedicated to preserving artisanal skills. It also aims to attract younger audiences and demonstrate the time, training, and expertise behind luxury products.
-
Versace Unveils Premium Tai-Chi Sakura Line with Onitsuka Tiger
Versace has launched its collaboration with Onitsuka Tiger, a project initiated under former creative director Dario Vitale. The collection, which debuted on the September 2025 runway, features the Tai-Chi Sakura sneaker and a coordinating penny loafer. These items are manufactured at the Sanin Tottori factory in Japan using premium Italian materials, including nappa leather and vegetable-tanned calfskin. Design elements include the signature Medusa stud and archival retro outsoles. High-profile figures in the film and ballet industry have already showcased the line, which will be retailing at $750 for the sneakers and loafers at $995.
-
Rolls-Royce Unveils Global ‘Coachbuild’ Program for Bespoke Cars
Rolls-Royce Motor Cars has launched the Coachbuild Collection, a pioneering initiative that blends bespoke automotive engineering with a multi-year experiential program. Spearheaded by CEO Chris Brownridge, the project responds to a growing client’s desire to participate in the creative journey rather than just receiving the final product. Operating through the brand’s global Private Office network, the program offers elite collectors exclusive access to private testing grounds and behind-the-scenes design phases. Each collection features a one-of-a-kind, fully electric, road-legal vehicle that will never be replicated. By integrating heritage-inspired craftsmanship with modern innovation, Rolls-Royce is transitioning from a traditional manufacturer into a facilitator of co-created luxury legacies, making the development process as valuable as the car itself.
Related Insights
This Week in Luxury
Luxury Headlines – 05/05/2026
From science-driven beauty investments to resilient growth across luxury sectors! Discover the hottest updates in the world of luxury!
This Week in Luxury
Luxury Headlines – 27/04/2026
From a landmark beauty merger in the making to strong financial momentum across luxury! Discover the hottest updates in...
This Week in Luxury
Luxury Headlines – 20/04/2026
From strategic turnarounds in luxury fashion to bold wellness and retail innovation! Discover the hottest updates in the world...
Let us partner for success.
Contact us and see how we can help your experience transformation goals.