Giorgio Armani’s Post

The answers to what should I wear? A simple question that may not have a easy answer. We make strategic changes all the time in jobs, projects, health, and relationships. Yet, have you ever considered changing your wardrobe?

The Swiss luxury watchmaker, Rolex, has been hit with a $100 million penalty in France over its online sales constraints. The French antitrust body is targeting the prestigious Swiss brand for an unlawful ten-year suppression on vendors selling Rolex's high-end watches via the internet. The financial penalty was collectively given to Rolex France, Rolex Holding SA, the Hans Wilsdorf Foundation, and Rolex SA by the French competition watchdog. The ruling came in response to industry grievances and investigations conducted by the regulator. The French competition agency highlighted a striking discrepancy; while Rolex refrains from selling its esteemed timepieces online, its equally prominent rivals are capitalizing on the digital age by permitting the online sale of their luxury watches, albeit under certain stipulations. The regulator implies that achieving brand objectives doesn't necessarily have to limit competition, suggesting a more stylish and clever approach to manoeuvring the market. #luxury #luxurywatches #luxurygoods

Counterfeits and luxury brands - a story as old as time. According to a Uswitch study, the term "fake Rolex" is searched online over 225,000 times each year. Gucci and Louis Vuitton aren't spared either, garnering 118,800 and 87,600 searches, respectively, for their replicas. Read more: #SchroderDavisLaw #FashionLaw #EntertainmentLaw #IPLaw #CounterfeitGoods #Gucci #LV #Rolex https://lnkd.in/eEyjJGji 

 The Bloomberg Subdial Watch Index tracks prices for the 50 most traded luxury watches on the secondary market by transaction value. The data is provided by Subdial, a pre-owned watch dealer and trading platform based in London. Some of the constituents of this index are 1. Rolex Submariner Date 2. Patek Philippe Nautilus Blue 3. Audemars Piguet Royal Oak Jumbo 4. Rolex Oyster Perpetual 41 Source- Bloomberg, Subdial Watches

⌚ What time is it? 💰 The answer might be worth billions. The luxury watches industry exceeded 26 billion CHF in 2022 and grew to more than 29 billion CHF in 2023. Let's explore which brands reign supreme in 2022. The revenue champs: - ROLEX - Cartier - OMEGA SA The biggest amount of watches sold: - Longines Watch Co. Francillon Ltd. - ROLEX - Cartier What will 2024 bring to the luxury watches industry? Only time will tell. And we may only speculate in the comments below. Tick tock. Tick tock. Follow Leverage Shares for regular updates. #LeverageShares #LuxuryGoods #LuxuryWatches #Rolex #Cartier #Omega Capital at risk.

Here is a paper examining trends in search interest for Rolex across the five major markets in Europe over the last four years. It shows that Rolex is the dominant luxury watch brand in Europe, with rising search interest since 2020. However, Rolex is losing share of search to Cartier whose search volumes have been rising faster. Enjoy the read. #rolex #watches #searchtrends #shareofsearch #trends

Less is More: Embracing Simplicity and Familiarity In a world of extravagance, the philosophy "LESS is MORE" remains impactful. Sometimes, a simple song and relatable video connect more deeply with audiences than elaborate productions. This minimalist approach fosters familiarity, seamlessly introducing new products. Miley Cyrus’s campaign with Sabato De Sarno for Gucci Flora Gorgeous Orchid Eau de Parfum exemplifies this. The campaign blurs reality and imagination, telling a story of empowerment and self-love, perfectly capturing the fragrance's essence. Miley’s natural charisma and the perfume's enchanting essence highlight how simplicity and authenticity make a powerful impact. "Miley Cyrus for Gucci Flora," released in July 2024 in the U.S., demonstrates how to reuse a video concept to your advantage. Do you like that? #celebrityb2c #FragranceMarketing #PerfumeCampaign #ScentStrategy

Check out this week’s EveryWatch Index, featuring the Cartier Crash. With a median selling price at auction of US$190,890, the watch fetched US$186,340 in the latest sale on June 19, 2024. Meanwhile, in the market, the median asking price stands at US$255,000, suggesting that auction sales provide better deals for this watch. Stay updated with the latest watch trends and insights by subscribing to EveryWatch.com. https://lnkd.in/gg_dG-7w #EveryWatchIndex #EveryWatch #WatchMarketInsights #MarketKnowledge #LuxuryWatches #WatchCollectors #watchlover #index #cartier

Sebastian Santos highlighted the unique craftsmanship of some notable #luxurywatch #brands such as ROLEX, Patek Philippe, and Bell & Ross which enables them to maintain their #brandintegrity and identity. According to him, these brands have a distinct approach to #designing and creating watches, which sets them apart from other luxury watch manufacturers. Overall, the conversation provided valuable insights into the #luxurymarket and its complexities in India. #luxuryinindia #luxurywatches #mbaesgindia #mbaesgparis #indsutryspeaks #expertsview