The 2024/25 Annual Report presents Burberry’s strategic evolution into a "Timeless British Luxury" brand, with a renewed focus on core categories such as outerwear and scarves to elevate brand desirability. The report acknowledges the challenges posed by a broader slowdown in the luxury market, particularly within soft luxury goods, which impacted sales and profitability.
Burberry’s strong commitment to sustainability is a central theme, with significant reductions in emissions, progress in responsible sourcing, and initiatives to support circular business models throughout the supply chain. The report also outlines the company’s governance practices, risk management approach, and executive remuneration.
In addition, it highlights efforts to foster a positive workplace culture and strengthen engagement with stakeholders. Overall, the document offers a detailed view of Burberry’s performance, strategy, and operational priorities during a dynamic year shaped by market uncertainty and increasing expectations around corporate responsibility.
A comprehensive overview of Mercedes-Benz Group AG's performance and strategy for the first quarter of 2025 and the full fiscal year outlook.
Key areas covered include the financial results of the Mercedes-Benz Cars, Vans, and Mobility divisions, highlighting revenue, EBIT, and free cash flow figures with year-over-year comparisons.
The document outlines strategic priorities such as the evolution of product offerings with a focus on luxury and electric vehicles, advancements in technology like MB.OS software and automated driving, and initiatives for operational efficiency and cost reduction.
Furthermore, it details the company's financial resilience, capital allocation framework, and ambition for double-digit return on sales in the future.
The 2024 Investment Stewardship Report from J.P. Morgan Asset Management (JPMAM), detailing their approach to investment stewardship.
The report outlines JPMAM's commitment to responsible investing, focusing on financially material environmental, social, and governance (ESG) issues to create long-term value for clients.
Key aspects covered include their engagement with hundreds of companies on six core stewardship priorities, their proxy voting activities to express views on corporate practices, and their processes for integrating ESG analysis into investment decisions.
The document also describes the governance structure and resources supporting their stewardship efforts, including their dedicated team and internal controls, and highlights their engagement with clients and stakeholders on sustainable investing topics.
Overall, it demonstrates JPMAM's framework for active ownership aimed at enhancing client outcomes and promoting sound business practices globally.
The heirs and great-grandchildren of Jewish Belgian art collector Samuel Hartveld are set to receive a painting by Henry Gibbs currently in the collection of the Tate.
The Henry Gibbs artwork, ‘Aeneas and his Family Fleeing Burning Troy’, is currently held by the Tate Museum, which acquired it in 1994 without knowledge of its complete provenance.
The Spoliation Advisory Panel, a UK government body, recommended the painting's return after a claim was made by trustees for Hartveld's heirs.
This decision highlights the panel's role in restituting cultural property lost during the Nazi era and acknowledges the Tate's cooperation in this process.
British Airways has announced a significant upgrade to its in-flight wine selection, particularly focusing on prestige cuvée English sparkling wines.
The airline will be the first to serve these top-tier English wines in its First cabin, partnering with renowned producers like Nyetimber and Gusbourne.
Club World (business class) passengers will also see an enhanced selection of English sparkling wines, offered on a rotating basis. Furthermore, First class will feature the return of beloved Champagnes alongside new prestigious options. This initiative is part of British Airways' broader £7 billion investment in customer experience and involves specialised wine training for cabin crew.
The Museum of Modern Art (MoMA) has announced the appointment of Christophe Cherix as its next David Rockefeller Director, commencing in September 2025.
Cherix, who has been with MoMA since 2007 and currently serves as The Robert Lehman Foundation Chief Curator of Drawings and Prints, will succeed Glenn D. Lowry after a six-month international search.
MoMA's board members highlighted Cherix's curatorial expertise, understanding of the museum's collection, and steady leadership as key factors in their unanimous decision.
Cherix expressed his commitment to supporting the museum's staff and its ongoing engagement with new art forms and diverse audiences as it approaches its centennial. Both the outgoing director, Glenn D. Lowry, and MoMA's board expressed their enthusiasm for Cherix's appointment and look forward to a smooth transition.
Cherix's impressive exhibition history and his role in acquiring significant collections for MoMA further underscore his qualifications for the directorship.
Maurice Lacroix is celebrating its 50th anniversary in 2025 with the launch of the 1975 collection.
This new range of automatic and quartz watches takes inspiration from vintage designs, specifically revisiting their Les Classique line from 1988, but incorporates modern aesthetics and materials.
The collection aims to deliver Swiss craftsmanship and high perceived value, a hallmark of the brand since its founding in 1975, a history that includes becoming a Manufacturer and releasing innovative models.
Available in various sizes, dial colours, and strap options with an easy exchange system, the 1975 collection embodies the brand's commitment to timeless style and innovation for contemporary wearers.
Managing Director Stéphane Waser states the collection captures the essence of Maurice Lacroix and celebrates their 50 years of watchmaking.
Piaget highlights their Altiplano Skeleton High Jewellery watch, a limited edition timepiece demonstrating a fusion of their expertise in ultra-thin skeleton movements, gem-setting, and Métiers d’Art.
This new watch uniquely combines a diamond and sapphire-set skeleton movement with Grand Feu cloisonné enamel artwork by Anita Porchet, extending even to the back of the watch. Piaget's commitment to exceptional craftsmanship and artistic innovation, embodied by their "Ateliers de l’Extraordinaire", is a central theme, positioning this watch as a testament to their heritage and daring spirit.
Watches and Wonders Geneva 2025, scheduled for April 1st to 7th, will host 60 watch brands, including Bvlgari and six new independents.
The event will feature new product launches, ambassador appearances, and immersive experiences, with public access from April 5th to 7th. Attendees can expect personalised schedules, exclusive presentations, guided tours, and the innovative LAB showcasing future watchmaking.
Furthermore, events extend into the city, and watchmaking professions are highlighted through various initiatives, including the SwissSkills competition.
The Watches and Wonders Geneva Foundation, established to promote watchmaking, organises this flagship event.
Kering and Les Rencontres d’Arles are jointly announcing that Nan Goldin will receive the 2025 Women In Motion Award for photography, recognising her significant impact on the art form and her representation of women and marginalised communities.
The award ceremony will take place on July 8, 2025, during the Rencontres d'Arles festival, where Goldin will also present her work, including Syndrome de Stendhal. This award, initiated in 2019 by Kering, honours the careers of leading women photographers and supports the Rencontres d'Arles Collection.
Kering's Women In Motion programme, which began in cinema, has expanded to photography to address gender inequality in the arts.
BOSS and Aston Martin celebrated the launch of their new Spring/Summer 2025 menswear capsule collection with an event at the grand opening of the first BOSS halo store in Shanghai, coinciding with the Formula 1 Chinese Grand Prix.
The event featured Aston Martin Aramco Formula One Team drivers Lance Stroll and Fernando Alonso, alongside VIPs, showcasing the new collection inspired by luxurious travel and high performance.
Guests also witnessed the unveiling of Alonso's new BOSS-designed helmet and explored a replica F1 car and racing simulator within the store.
The collaboration builds upon the existing partnership between the fashion brand and the luxury automotive company, emphasising shared values of sophistication and performance.
Breitling has announced its acquisition of Gallet, a historic Swiss watchmaker established in 1826 and known for its contributions to early long-distance travel timekeeping.
This marks Breitling's second brand acquisition, following Universal Genève, and aims to revive Gallet as a luxury, entry-level sister brand. Breitling's CEO, Georges Kern, stated the long-term vision is to re-establish Gallet while honouring its heritage of adventure and chronograph innovation.
Founded on principles of adventure and producing robust instruments for various expeditions, Gallet experienced a period of dormancy after the quartz crisis but is now poised for a revival under Breitling's guidance, emphasising heritage and quality.
Kering, a global luxury group, held its inaugural "Kering Generation Award X Japan" ceremony in March 2025 to recognise and support innovative Japanese startups focused on sustainable solutions for the fashion industry.
The top prize went to Fermenstation for its fermentation technology using waste to produce natural ingredients. Other awarded companies included AMPHIBIO for PFAS-free textiles, Algal Bio for algae-based materials, and Micro Bio Factory for bio-indigo technology.
This initiative, part of Kering's broader sustainability strategy, aims to promote environmentally and socially conscious practices within the luxury sector. The award provided winners with training, networking, and an opportunity to showcase their innovations at a global summit.
Kering's commitment to sustainability is further evidenced by initiatives from its various houses, such as Gucci's 3D-printed sneakers and Balenciaga's bio-based coat.
Oceania Cruises has announced its 2027 Around the World cruise aboard the Vista, a 180-day voyage departing from Miami.
This extensive journey will visit over 100 ports across 46 countries and six continents, offering immersive cultural and culinary experiences.
Passengers can explore numerous UNESCO World Heritage sites and benefit from inclusive amenities. The luxurious Vista boasts spacious staterooms, exceptional dining options, and a high crew-to-guest ratio, promising a comfortable and personalised experience.
In addition to the full-world cruise, shorter itineraries are also available. This announcement highlights Oceania Cruises' commitment to providing enriching and luxurious global travel opportunities.
Porsche is updating its eBike range for 2025, enhancing both technical capabilities and aesthetic appeal.
The eBike Sport has been refined with new suspension, lighting, and electronic shifting, expanding its suitability to include light trails.
Additionally, the eBike Cross Performance EXC now offers five new exclusive Porsche paint colours.
These updated models, alongside the standard eBike Cross and eBike Cross Performance, provide a premium two-wheeled Porsche experience.
The bicycles are available in multiple sizes and can be purchased online and at select Porsche locations, with prices ranging from €5,950 to €9,900.
Emirates has partnered with Parsys Telemedicine to introduce advanced medical equipment on their flights.
This new telemedicine station enables cabin crew to gather vital signs and conduct real-time video consultations with ground-based medical professionals.
The system includes portable devices, secure data transmission via a cloud platform, and software customised for Emirates' procedures.
This collaboration aims to provide passengers faster, more reliable medical assistance during inflight emergencies, building upon Emirates' existing comprehensive medical training for their cabin crew.
Maserati unveils the first steps of a new collaboration with renowned Italian furniture house Giorgetti at the 2025 Milan Design Week, an annual international celebration of design attracting one of the most cosmopolitan and kaleidoscopic audiences in the world. The union of these two symbols of Made in Italy has given birth to an interior collection and a Fuoriserie bespoke car, creating a perfect marriage of timeless elegance and technological innovation.
This all-Italian partnership is founded upon shared values: meticulous attention to detail, the pursuit of perfection, and the desire to offer unique experiences. Both Houses embody the Italian concept of "beautiful and well-crafted," appealing to a refined, sophisticated audience that demands uncompromising quality in a dialogue where each brand inspires the other, giving rise to new creative challenges and journeys.
British Airways’ Seattle lounge has opened its doors following an extensive refurbishment, becoming the latest to offer an improved pre-flight customer experience. It joins Singapore, Washington, Lagos and London Gatwick, which have all been given a new look and feel over the last nine months, following lounge refreshes in Edinburgh, London Heathrow Terminal 5B and Heathrow Terminal 3 in 2023.
The airline’s lounge at Seattle Tacoma International Airport has been designed taking inspiration from the Pacific Northwest whilst also incorporating British design elegance. The lounge now features a completely redesigned food servery area offering a comprehensive range of hot and cold items, a dedicated à la carte dining experience for First customers and work-friendly focus pods. A brand-new full-service bar has also been installed acting as an elegant centrepiece to the lounge and walls are adorned with textile artwork by local artists such as Hannah Mason.
British Airways also recently completed the refresh of its lounge in Singapore, with a brand-new à la carte Concorde Dining area, bespoke British furniture, locally inspired fabrics, and newly designed menus showcasing British Original-inspired dishes. The lounge also features local artwork that celebrates Singapore’s vibrant history and culture, and new ambient lighting, creating a warm and inviting atmosphere for travellers.
British Airways’ Club and First lounges at London Gatwick have also undergone full refreshes, with brand-new bars serving cocktails and beverages, new décor, and furniture, with exciting additions coming soon. The airline’s lounges across London Heathrow Terminal 3 and 5 will be undergoing significant transformational changes commencing in 2026, as part of its global lounge redevelopment programme, with more detail to follow later this year.
Across the Atlantic, the airline’s lounge at Washington Airport recently opened that includes a complete redesign of the Concorde Dining area which now benefits from the great views and a brand-new à la carte menu. The lounge also has a revamped bar, new soft furnishings and artwork, bringing a significantly refreshed look to the space.
British Airways has more exciting updates to come this year, with the opening of its new lounge at Dubai Airport, debuting the airline’s new design concept with exclusive features including Concorde Dining, a significantly elevated food offering, showers and a full-service bar. British Airways will also be opening a new lounge in Miami later this year, in a brand-new space conveniently located above the departure gates. Lounge refreshes in Boston and Glasgow will also commence later this year.
Kering and Gucci are delighted to announce the appointment of Demna as the House’s new Artistic Director, starting early July 2025.
Demna, Artistic Director of Balenciaga since 2015, has redefined modern luxury, earning global recognition and cementing his authority on the industry.
François-Henri Pinault, Chairman & CEO of Kering, stated: “Demna's contribution to the industry, to Balenciaga, and to the Group's success has been tremendous. His creative power is exactly what Gucci needs. As I thank him for everything he has accomplished over the past 10 years, I look forward to seeing him shape Gucci’s new artistic direction.”
Francesca Bellettini, Kering Deputy CEO in charge of Brand Development, said: “Demna’s profound understanding of contemporary culture, coupled with his extensive experience in conceiving visionary projects, has established him as one of the most influential and accomplished creatives of his generation. His appointment as Artistic Director is the perfect catalyst to reignite Gucci’s creative energy. I look forward to the collaboration of Demna and Stefano as they lead Gucci into a new era of success.”
Stefano Cantino, CEO of Gucci, said: “I have always admired Demna's creative approach, that is both unique and powerful. His ability to honor the iconic legacy of a brand while embracing a modern sensibility is extraordinary. With Gucci’s strengthened foundations as a springboard, Demna will lead the House towards renewed fashion authority and enduring cultural relevance.”
Demna said: “I am truly excited to join the Gucci family. It is an honor to contribute to a House that I deeply respect and have long admired. I look forward to writing together with Stefano and the whole team a new chapter of Gucci's amazing story.”
Maurice Lacroix unveils the incredible AIKON Automatic Wotto Limited Edition! Limited to 1,000 pieces, this wearable masterpiece doesn't just shake up codes, it blows them out of the water.
With the ultimate fusion of urban culture, artistic engraving, and Swiss watchmaking, this striking design marks its entry into the Urban Tribe series.