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July 18, 2024

Luxury news wrap: Rolex acquires Bucherer, Läderach launches in India

Arushi Sakhuja
As we step into the last week of August, let’s take a minute to look back at all that made news this week. While Delhi witnessed the launch of its first Laderach store, Rolls Royce unveiled one of its four uber luxe Droptail cars and Marc Jacobs beauty is making a return. Here are the top highlights for the week.  
Carl F. Bucherer Patravi ScubaTec Verde 
Carl F. Bucherer Patravi ScubaTec Verde
Photo Courtesy: Carl F. Bucherer
Carl F. Bucherer has been an active supporter of the Manta Trust since 2013 and has recently unveiled the Patravi ScubaTec Verde as part of its contribution for this year. As the name suggests, the Patravi Scubatec Verde timepiece arrives in a stunning green colourway, referencing waters around Isla de La Plata. Boasting a sleek design, the lacquered green dial matches the recycled PET rubber strap. As for functionality, the watch has a water resistance of up to 50 bar, the highest in all of CFB’s collections. Moreover, the Super-LumiNova® filled index markers and hands make it easy to read the watch at the lowest of depths. Complementing the overall colour palette, the watch comes with a matching green rubber strap fitted with textile inlays, fastened with a metal diver’s folding clasp. 
Cindy Crawford is the new face of MCM  
Photo Courtesy: MCM
The 90’s supermodel, Cindy Crawford is making a revival as she becomes the new face for luxury brand MCM. Making it to the luxury news for this week, MCM is leaning into its heritage with its latest campaign, which spotlights its caramel-coloured, monogram leather goods — and ’90s supermodel Cindy Crawford. Iconic supermodel Cindy Crawford has reclaimed her crown as the face of MCM, 27 years since she made her modelling debut for the German luxury house’s 1996 campaign. The campaign also introduces the brand’s fresh and novel logo. 
Luxury Swiss Chocolate brand Läderach opens in New Delhi’s Emporio  
luxury news this week
Photo Courtesy: Läderach
Photo Courtesy: Läderach
Läderach Delhi
Photo Courtesy: Läderach
We have some great news for all chocolate lovers in the national capital. Swiss chocolatier Laderach just opened doors to its first store in India at DLF Emporio in New Delhi. Known for its exceptional craftsmanship, the brand forayed into India in an exclusive partnership with Dharampal Satyapal Group (DS Group), a multi-business corporation and a leading FMCG Conglomerate.  The inaugural Läderach store in Delhi marks the beginning of an extraordinary chocolate journey for Indian consumers.ThestorewillfeatureanextensiverangeofLäderach’sluxurychocolatecreations, including their renowned FrischSchoggi (fresh chocolate), Tablets, pralines, truffles, and delectable chocolate bars. Each product is meticulously handcrafted to deliver an unrivalled blend of flavours, textures, and aromas that will elevate chocolate indulgence to new heights.  
“We are thrilled to introduce Läderach to the vibrant Indian market,” said Mr. Elias Läderach. “India has a rich cultural heritage and a deep appreciation for craftsmanship and luxury, making it the perfect destination for our brand’s expansion. The launch of the first store in India is a testament to our continued efforts in providing exceptional products and experiences to our esteemed consumers,” he added.
Marc Jacobs Beauty is coming back 
luxury news this week
Photo Courtesy: Marc Jacobs
When it comes to luxury news this week, the beauty industry is brimming with cheer. Marc Jacobs Beauty is preparing a comeback, two years after its cult products were quietly pulled from shelves.  
Marc Jacobs Beauty was launched in 2013 and had many cult-loved products but the Velvet Noir Major Volume Mascara was a brand staple. In 2021, and now according to Coty’s CEO, Sue Nabi, Marc Jacobs Beauty should return to the market in about two to three years. The return is part of an expanded partnership with Coty, and the licence will now run at least through 2038 and include cosmetics for the first time. New products are likely to hit shelves in 2025 and Marc Jacobs Beauty will be added to Coty’s cosmetics portfolio, sitting next to Gucci Beauty, Burberry Beauty and Kylie Cosmetics. 
moonray opens its flagship store in Mumbai  
luxury news this week
Photo Courtesy: moonray
Luxury, ready-to-wear brand moonray by Karishma & Avantika Swali, continues to expand its retail presence in India. After a grand opening in Dhan Mill, New Delhi earlier this year, moonray unveils its flagship studio in the art and fashion-forward district of Kala Ghoda, Mumbai.  Designed by Karishma Swali herself, the studio is a contemporary oasis with an all-white landscape designed to reflect the label’s finely-tuned sensibility. Inspired by the moon and its journey across the night sky, the studio takes on an elliptical shape bearing resemblance to the lunar orbit. Muted colour tones, curved furniture and wooden accents give the store a visually calm ambience.  
Adding to it’s portfolio, moonray now offers made-to-measure pieces, in addition to ready-to-wear clothing, accessories and jewellery.  
Rolls Royce unveils one of the four Droptail Roadster 
Rolls Royce Droptail Roadster
Photo Courtesy: Rolls Royce
Rolls Royce Droptail Roadster
Photo Courtesy: Rolls Royce
Rolls-Royce has introduced its latest masterwork, the Rolls Royce Droptail Roadster also named La Rose Noire. The two-door car promises an abundance of luxury and is a coach-built car. Making this worthy of luxury news this week, only four editions of the car will be available – and that truly is something special. Rolls-Royce says that the La Rose Noire is inspired by romance and the allure of the Black Baccara rose. The Drophead features a 6.75-litre V12 engine, producing 563 horsepower and 627 lb-ft of torque. It accelerates 0-60 mph in 4.9 seconds and hits 155 mph at top speed. Rolls-Royce presents the Droptail as a dual nature vehicle – a roofless roadster or coupe with a removable hard top. Is this the best of the luxury news this week? 
Rolex acquires Bucherer  
luxury news this week
Photo Courtesy: Rolex
Rolex is buying the luxury retailer Bucherer in a deal that left many in shock. The latter is one of the largest watch retailers in the world with over 100 stores globally. The acquisition paves the way for Rolex to begin widespread sales of its watches in its own stores. There’s currently only one store in the world owned and operated by Rolex, in its home city of Geneva. Bucherer will continue to operate independently, keep its name, and sell other watch brands, Rolex said. Rolex said the decision to buy the Bucherer business was made after the family controlling the retailer decided to sell, and based on a decades-long relationship between the two private Swiss companies. 
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Arushi Sakhuja


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