Despite the harrowing effects of the covid-19 pandemic on the worldwide economy, one trade has come out of the yearlong storm stronger than ever: the luxury watch industry. Bolstered by demand from wealthy clientele, who were fortunately not as fiscally affected by the year’s economic downturns, highly sought after luxury watch brand Rolex reached a global evaluation of $7.9 billion dollars…
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Article first published in Forbes Monaco September/October 2020 issue. High-end bespoke jewelry knows no bounds at Les Ateliers MC. Call it an innovative concept that mixes high-tech design and expert savoir-faire but also revisits a notion from the past: meticulously crafted one-of-a-kind jewelry that cannot be bought in any high-end boutique. “Two centuries ago, when a…
Luxury goods purveyor LVMH said Thursday it will countersue fine jewelry maker Tiffany for mismanagement and violating the terms of their deal to take it over, according to a statement, coming just a day after LVMH said it was pulling out of the deal and Tiffany filed a suit to force the deal through. KEY FACTS - LVMH’s countersuit is expected within days, according to the New York Times. …
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