Articles tagged “lvmh”

Luxury’s New Model Is Goods Plus Experiences

Luxury’s New Model Is Goods Plus Experiences

Patrick Whyte, Skift

Luxury brands are gradually realizing the power of experiences and this is leading them to buy or partner with traditional travel and hospitality companies. Expect this trend to continue in 2019.

8 months ago

Luxury Brands Are Making Unconventional Partnerships the Next Big Thing

Luxury Brands Are Making Unconventional Partnerships the Next Big Thing

Laura Powell, Skift

Convergence, collaboration, partnership. By whatever name you call the phenomenon, expect to see more luxury travel companies taking the tack of expanding their appeal through teaming up with brands their customers likely fancy.

8 months ago

LVMH’s $2.6 Billion Bet on High-End Experiences

LVMH’s $2.6 Billion Bet on High-End Experiences

Patrick Whyte, Skift

LVMH's decision might seem strange on the surface, but in reality it makes a lot of sense for a company that wants to make sure it has a piece of all things luxury.

9 months ago

What LVMH’s Belmond Buy Means for the Future of Luxury Travel

What LVMH’s Belmond Buy Means for the Future of Luxury Travel

Deanna Ting, Skift

LVMH might not have been the most obvious of suitors for Belmond's luxury assets, but now that it's close to owning them, it's a deal that makes a lot of sense in this post-experience economy still contending with the concept of new luxury.

9 months ago

Louis Vuitton Owner to Buy Luxury Travel Brand Belmond for $2.6 Billion

Louis Vuitton Owner to Buy Luxury Travel Brand Belmond for $2.6 Billion

Jeff Sutherland and Robert Williams, Bloomberg

This acquisition is further proof that the experience economy is far from dead, and that even self-proclaimed purveyors and "world leaders in high-quality products" understand the importance of luxury experiences in this increasingly evolving and changing luxury market.

9 months ago

Peloton Vs. SoulCycle: The Battle Heats Up

Peloton Vs. SoulCycle: The Battle Heats Up

Leslie Barrie, Skift

There’s no denying SoulCycle has a huge competitor on its heels. Whether Peloton has surged past the studio-class brand is still unclear. Regardless, SoulCycle needs to find a way to regroup — and fast — if it wants to remain the leader in the stationary cycling space.

10 months ago