Luxury News Weekly Episode Four: Channel Hikes Prices....Again!

Season 2, Episode 407,   Dec 22, 2021, 06:42 PM

Valentino Unveils Vintage Project
Valentino wants to enter the booming resale and vintage market.

The Italian luxury house and its creative director Pierpaolo Piccioli forged partnerships with a number of vintage stores around the world.

Owners of Valentino vintage pieces will be encouraged to submit them to the boutiques in exchange for store credit to use on new Valentino collections.

Harrods £68m in red and faces strike by dozens of restaurant workers

Harrods plunged £68m into the red last year after pandemic lockdowns halved its revenues, according to recently published accounts, and the luxury department store is now facing a strike by dozens of restaurant workers.

Chanel Hikes Handbag Prices in Run-up to Christmas

French luxury group Chanel has hiked prices of some of its most sought after handbags at a time when strong consumer demand and low stock in the run-up to the holiday shopping season are boosting their exclusivity.

Michael Jordan is the highest paid athlete of all time

The retired NBA great is the highest-paid athlete of all time, with an estimated $2.62 billion in inflation-adjusted career earnings, according to an analysis by Sportico. His Airness tops a list of 12 billionaire athletes, which includes long-retired greats like Arnold Palmer and present-day stars such as Lionel Messi.

Aston Martin starts Valkyrie production

Hosts:

Elizabeth Solaru
Linkedin: Elizabeth Solaru
Instagram: @luxurybusinessemporium
Website: www.luxurybusinessemporium.com

Simba Wakatama
Linkedin: Simba Wakatama
Instagram: @simbawakatama
Website: www.volobespoke.com

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