Luxury news wrap: Alia Bhatt Gucci’s new ambassador, Mugler x H&M, Dior store in Delhi
- Featured News
Arushi Sakhuja- 10 minutes read
Arushi Sakhuja
Behold, because the luxury world has offered a whirlwind of news for the week. You may ask what’s new in luxury, and we can say a whole lot! Scroll on to stay up to date with the latest luxury news.
A 1960 Cadillac Coupe De Ville to be auctioned
A 1960 Cadillac Coupe De Ville has been transformed into a modern-art masterpiece, by artist Kenny Scharf. An intersection between fine art and automobiles, Scharf’s playful and sophisticated style is reflected in the Cadillac and it is certain to attract attention from art aficionados and car enthusiasts. The car has a top-end estimate at $600,00 and will be up for grabs at Heritage Auctions’ Modern & Contemporary Art Signature Auction on May 23rd.
Dior opens a new store in New Delhi
After Dior’s successful show in Mumbai, the brand is grounding its feet in India with the opening of a new store in the capital. Nestled, in the heart of Delhi’s luxury scene, Dior has opened a new store at DLF Emporio. The store houses the brand’s extensive collection including its range of handbags from the Lady Dior to the Caro bag and the new iterations of the iconic Dior Book Tote and even luxury wear. The store also houses the athleisure line by designer Maria Grazia Chiuri. The Dior Vibe line combines the world of sportswear and Dior heritage with boldness.
Dua Lipa X Donatella Versace Collection
Dua Lipa has co-designed a high summer women’s collection exclusively for Versace titled La Vacanza. The 27-year-old, who also co-chaired this year’s Met Gala, has been revealed as the latest high-profile name to collaborate with Donatella Versace. The designer revealed that the collection will be debuted in Cannes on May 23.
Fossil introduces a time capsule to celebrate
To celebrate the 40th anniversary of Star Wars: Return Of The Jedi, Fossil has released a Star Wars timepiece capsule. Talking about the collection, Melissa Lowenkron, Chief Brand Officer stated: “”We’re thrilled to share this special collection celebrating a story that has made such a cultural impact on generations and that, like Fossil, evokes a feeling of nostalgia for so many.” The collection will include several unique pieces based on some of the most famous characters from the George Lucas’ film franchise. Luke Skywalker, Leia Organa, HanSolo, Chewbacca, R2-D2and C-3PO.
Gucci appoints Alia Bhatt as the first Indian Global Ambassador
Alia Bhatt is definitely what’s new in the luxury space. Making history, Gucci has announced actor, producer and entrepreneur Alia Bhatt as the first Indian Global Ambassador for the House. Bhatt will make her first appearance as Global Brand Ambassador on the occasion of the House’s upcoming Cruise 2024 fashion show in Seoul, at Gyeongbokgung Palace, on May 16.
Ferrari’s market value at over $ 50 billion
Ferrari’s market value has surpassed that of Stellantis NV – the auto conglomerate that contains Fiat, which was once the parent of the iconic Italian luxury sports car maker. This year, Ferrari has gained 34% making it the best-performing stock among European auto manufacturers. The new figure makes the market value soar to US$53.9 billion overtaking Stellantis’s US$51.6 billion and making it one of the three biggest companies on the Milan stock exchange.
Hyundai Mobis’ new innovations in the automobile world
What’s new in luxury in the automobile world? Hyundai Mobis has developed a game-changing e-Corner System technology, making parallel parking a breeze with crab walking, where all four wheels turn 90 degrees for smooth sideways movement. The innovative system also brings us one step closer to effortless autonomous driving, this new feature is available in the Hyundai Ioniq 5.
Mugler X H&M
