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How is the luxury market affected by COVID-19. Find out our selection of the latest articles on the subject : An Hermès boutique in China made $2.7 million in one day after it reopened Is Hermès’ blockbuster reopening in China a barometer of things to come in post-pandemic luxury shopping? The French heritage brand’s Guangzhou flagship store reportedly achieved $2.7 million in sales when it reopened this weekend, according to WWD. This figure is believed to be the highest daily haul for a single boutique in China, and offers hope to luxury brands and retailers of what economic recovery may look like in the coming months .  Read more... Rolex, Patek Philippe, and more luxury brands leave Baselworld for new trade show with Watches & Wonders in Geneva This might not be the end of Baselworld, but it is the end of Baselworld as we know it. Rolex, which has been among the least vocal brands since the beginning of the COVID-1...

As the Easter weekend is coming, here are some of the most interesting articles of the last weeks selected by The Consultancy Group: Stratechery - Disney and the Future of TV Bloomberg - Vista Global Buys an Uber For Private Jets Sportspro - Tiger Woods’ Masters win swings Nike US$22.5m in exposure   Marketing Week - Why behaviour beats demographics when it comes to segmentation   CNBC - This esports giant draws in more viewers than the Super Bowl, and it’s expected to get even bigger Forbes - Breitling Bolts From Baselworld, For Now, As The Fair Repositions Itself And Struggles With Timing JOE - UEFA release Game of Thrones style video sequence featuring Euro 2020 host cities SportBusiness - ATP Finals set for move to Turin Don't forget to hit the Subscribe button to be notified of our new article! 

Here are some of the most interesting articles of the last weeks selected by The Consultancy Group: AdWeek - The NYC Luxury Retail World Is Already Crowded. Can Neiman Marcus and Hudson Yards Stand Out? CNN - Mike Trout: Los Angeles Angels star to agree richest deal in sport with $430 million deal Luxury Society - How Baselworld Can Establish its Relevance Once More   Wide World of Sports - Carolina Hurricanes' classic response to being called 'jerks' by iconic NHL commentator Don Cherry   SportsPro - Why Red Bull Media House is the ‘King of Content’? Forbes - Sports Betting Explodes During March Madness, And AGA Estimates $8.5 Billion Bet On NCAA Tournament Bloomberg - Netflix’s Growth Helps Streaming Eclipse Cable Subscriptions Don't forget to hit the Subscribe button to be notified of our new article! 

Here are some of the most interesting articles of the last weeks selected by The Consultancy Group: GQ - The Biggest News From SIHH, the Coachella of Watches SportsPro - Ben King leaves Apple for DAZN   Bloomberg - Bank Lombard Odier Sees Opportunities in Far East Equities   CNN - The Super Bowl, a government shutdown and the world's busiest airport. What could go wrong? SportBusiness - Wimbledon chairman eyes ticketing change, hits out at tennis calendar   The Drive - Formula 1 Owner Liberty Media Reports Healthy TV and Digital Growth in 2018 Don't forget to hit the Subscribe button to be notified of our new article! 

Here we are in December, the month that wraps up the year and leaves us happy to participate in holiday festivities. One of our greatest joys of this season is the opportunity to say thank you. As our gift for the end of the year, here are some of the most interesting reads of these last weeks: Hodinkee - Rolex Launch 'Rolex.org' Website Reuters - Nadal to join Roger Federer in 2019 Laver Cup   CBC - Boeing buys 80% of Embraer's commercial aircraft operations for CAD$4.2B SportsPro - IOC and Alibaba launch first Olympic online store on Tmall FHH Journal - SIHH and Baselworld to coordinate their dates from 2020   The Consultancy Group team wishes you a strategically innovative 2019, and don't forget to hit the Subscribe button to be notified of our new article! 

Every sector has its own cycle, and it seems that retail is in the thick of a massive renewal at the moment. The economic crisis in 2008 impacted every industry, requiring them to rethink their strategy, some faster than others. In this article, we will focus on luxury businesses, as they are one of our areas of expertise at The Consultancy Group. Up in the air  Business aviation was impacted immediately by the 2008 crisis, with a dramatic decrease in chartered flights and the purchase of planes, both new and pre-owned. As we saw in a previous article on this blog, travelling reduced dramatically as a first step in cutting costs, business aviation included. The retail market for pre-owned jets became saturated and the market for new jet orders was severely limited. At its best, the leading manufacturers, such as Bombardier, Dassault or Cessna, went from building over 140 business aircraft per year to 35, according to a recent interview of Stefano Albinati , CEO and...