This week has some major takeaways when it comes to the luxury industry. While Tapestry confirmed its acquisition of Michael Kors, Versace and Jimmy Choo in an $8.5 billion deal, Bentley unveiled 18 pieces of the ultra-luxury car Batur. Here’s what made luxury headlines this week.
Audrey Hepburn’s pink Givenchy dress from Breakfast At Tiffany’s on auction
While the most famous look of Hepburn from Breakfast at Tiffany’s is the black Givenchy dress, there were many others that caught the audience’s eye. Another pink couture creation sported by Holly Golightly as she suffers a total meltdown is probably the second most iconic piece from the film. As per a recent announcement, this pink is being auctioned by Julien’s Auctions as part of their Legends: Hollywood & Royalty auction. This dress is expected to sell for about US$200,000 to US$300,000.
Bentley’s ultra-luxury Batur
Bentley made only 18 of this ultraluxury vehicle, and that exclusivity comes at a price, topping the luxury headlines for the week. “The people who buy these cars feel the value is justified,” a Bentley spokesperson said. The Batur is the latest coach-built vehicle to be created by Mulliner. While the roofless Bacalar features a barchetta-style body, offering an elemental, open-air driving experience, the Batur is a sleek hard-top coupé, characterised by a new, minimalist design language that will define the Bentley style in the forthcoming electric car era.
Beyoncé dons a Gaurav Gupta creation for her tour
It was a match made in heaven, as Beyoncé wore a custom Infinity Crystal Bodysuit paired with Crystal Legging Boots by the couturier Gaurav Gupta, during her Renaissance World Tour concert. Speaking on the achievement, the brand took to Instagram to announce the news with a post that read, “Beyonce is an absolute epitome of hope, infinity, and freedom. Her presence, aura and magnanimity spread freedom and power in the world. We custom-made the Infinity Crystal Bodysuit for her inspired by the new logo of Gaurav Gupta Couture – keeping it true to her iconic Renaissance World Tour! This magical collaboration is a very beautiful personal moment for me, my team, and the brand. We are so grateful for our amazing partnership with Hema of Maison Bose for making this happen so seamlessly.” – Gaurav Gupta
Emirates introduces new Bulgari amenity kits
Luxury airline Emirates is taking luxe travel to newer heights. The giant has introduced exquisite Bulgari amenity kits for their first and business-class passengers. The kit includes the finest Bulgari fragrance Le Gemme Desira and Le Gemme Gyan eau de parfum, basics-a dental kit, refreshing towel, deodorant, tissues, and even a fold-away hairbrush. Business class travellers are offered a choice between vegan leather or classic pouches in metallic silver with lilac accents. Their senses will be invigorated by the bright and citrusy Bulgari Omina Amethyste eau de toilette. For those flying on the A380s, an organic shower spa experience awaits.
Tag Heuer’s new Blue Monaco watch
Tag Heuer has launched an electrifying new Blue Monaco, fuelled by the adrenaline of French racing colours. Inspired by the cool hues of French racing cars like Galbot-Lago, Delage, and Bugatti, this is the perfect accessory for the South of France. The cobalt blue strap, complemented by pops of yellow in the subdials makes this limited-edition piece truly stand out on your wrist. Crafted with grade 2 titanium and with the TAG Heuer automatic calibre 11, this watch is limited to only 1,000 pieces.
Tapestry is acquiring Michael Kors, Versace and Jimmy Choo
The parent company of Coach is now expanding its portfolio. Tapestry has announced a $8.5 billion acquisition with Capri’s Michael Kors, Versace and Jimmy Choo to create a $12 billion giant. This is potentially, the closest America has yet come to building a branded portfolio powerhouse in the image of LVMH Moët Hennessy Louis Vuitton or Kering.
Tata CLiQ launches its first ever Tata CLiQ Palette store in Mumbai
Closer home, Tata CLiQ Palette has launched its first retail store in Navi Mumbai. Designed by Landor and Fitch, the store offers an immersive shopping experience through its experiential zones. Customers can interact with the CLiQ squad and professionals at the “Beauty Playground,” which offers guidance and education.
The beauty destination features a curation of more than 1,000 top-notch global and homegrown brands across a wide range of categories, including makeup, skincare, haircare, fragrance, tools, and accessories.
Speaking on the launch of the store, Mr. Gopal Asthana, Chief Executive Officer, Tata CLiQ, said, “Tata CLiQ Palette has been born as a result of Tata Group’s ambitious plans in the beauty segment. Personalization lies at the core of this vision, not only online but offline as well. Through the fusion of cutting-edge technology and a customer-centric approach, we offer an unparalleled level of personalization. Our store features AR-led makeup trials and skin analyzer mirrors, enabling customers to virtually try on makeup and receive detailed skin analysis, elevating their shopping experience and ensuring they find their perfect beauty match.”