The Christofle store at Bal Harbour Shops in Bal Harbour, Florida. Image credit: Christofle
Curated headlines by Luxury Roundtable
We bring you the latest headlines in luxury to save you time. Please note that most sources are behind paywalls.
How to look rich
Perform ease — but get the details right. (Financial Times)
Portugal to scrap ‘fiscal injustice’ of tax breaks for foreign residents
Prime minister António Costa says incentive no longer makes sense and will be eliminated next year. (Financial Times)
Meta to charge users in EU for ad-free Instagram and Facebook
Tech group plans a $14 monthly subscription fee for access via mobile. (Financial Times)
Gucci, Chanel and other luxury retailers splurge on American real estate
Premium brands expand in U.S., pursuing new markets as their customers stay true to in-store shopping; a boutique in Detroit. (The Wall Street Journal)
Decoding 2023’s Web3 retail trends post-NFT rush
With NFT and metaverse hype having dissipated at the end of 2022, this year, brands are looking outside of the box to harness Web3 tech. Photo: Ralph Lauren. (Jing Daily)
The Saudi Fashion Commission makes its pitch in New York
The Vision 2030 plan has the kingdom investing in fashion with an opportunity to build from the ground up. (WWD)
Lorenzo Bertelli: The Prince of Prada prepares to take the wheel
The 35 year-old former racecar driver — son of designer Miuccia Prada and the company’s chairman Patrizio Bertelli — is restructuring the Milanese group from the inside out. (The Business of Fashion)
How Chelsea became the unlikely center of the art world
The art business took over a neighborhood on the Far West Side of Manhattan previously known as Gasoline Alley. Then the city turned the area into a ‘monument to real estate developers.’ (The New York Times)