Luxury News Weekly Podcast Episode 10
In this podcast, the last of our first season of Luxury News Weekly Podcast we take a look at what we consider to be the top luxury news stories of 2021.
Listen to the podcast here
Tiffany & Co April Fools joke
Tiffany & Co. emerged this year as the surprise winner of 2021’s April Fool’s Day. The company made the announcement of a colour change via Instagram. “Introducing our new House colour,” read the caption that accompanied a photo of the classic Tiffany & Co. gift box. A simple hashtag summed up the new aesthetic: #TiffanyYellow. Think Big Bird, not a chic hue like chartreuse.
They also went the extra step of painting one their stores in Tiffany yellow and many expressed their thoughts about the colour change.
Tiffany & Co. tends to get a little over 100 comments per Instagram post. Their latest, on the other hand, has 10,500 and counting. The response was swift, and much of it along the lines of “I think this is a big marketing mistake.” But just as many were quick to point out a key detail: They made the announcement on Thursday—April Fool’s Day.
Ferrari races into high fashion
Ferrari launched a new era as a lifestyles brand, with a runway show unveiling its first ready-to-wear collection targeting a younger generation.
Models walked along the halted production line in a symbolic gesture that underlined the creative interplay between Ferrari’s long lineage of sleek, curved automotive bodies and the fashion line by creative director Rocco Iannone, strong on structured outwear contrasting with fluid, bright printed silks in Ferrari red, Scuderia yellow and electric blue. We were pleasantly surprised at the level of detail when it came to pieces and accessories and the catwalk was one of the most imaginative we had ever seen.
Rolls Royce Boat Tail
British marque Rolls-Royce revealed its one-off coach-built Boat Tail, costing $28m and there are suggestions that JAY-Z and Beyoncé are behind the car.
There are a number of clues such as the Boat Tail being finished in blue — and while this may be a stretch at first, the blue leather used inside the car is actually called “Blue Ivy,” like their daughter. One of the biggest clues provided from a source is that JAY-Z reportedly placed a signature on Rolls-Royce’s “Spirit of Ecstacy” before it was mounted to the hood, and Beyoncé did the same on the rear badge, and then both have signed the engine. Other hints include the fact it’s designed to feature a deck that holds a picnic set up, in which a fridge set at six degrees Celcius holds Armand de Brignac luxury vintage — in other words, JAY-Z’s preferred temperature for the brand he just struck a $600m USD deal with LVMH on.
The car is a one-off work of art not available for sale and at Luxury News Weekly, we would one day love to see the car in all its glory.
Gucci ‘hacks’ Balenciaga
This was possibly one of the most exciting collaborations we’ve seen in years. Gucci creative director Alessandro Michele never does anything by half measures, partnering with his friend Balenciaga creative director Demna Gvasalia to create something a hack so special.
The festivities kicked off at an imaginary Savoy Club inspired by the famous London hotel where Gucci founder Guccio Gucci once worked as maitre d’ before returning to Florence and opening a small leather leather goods store in 1921. The soundtrack featured many known Gucci pop songs and Gucci and Balenciaga logos were splashed across monogram outerwear and boulder shoulder, wasp waist suiting. They also featured prominently on layered chain-link necklaces as well as signature Balenciaga accessories such as Hourglass bags and pantaboots. The partnership between the two Kering hitmakers is a match made in retail heaven.
Christmas Gift Chanel 5.55 carat diamond necklace
As Chanel No 5 celebrates its centenary, an exceptional high jewelry necklace shaped like the iconic perfume bottle sees the light in a dazzling commemoration.
It took a full year to find a rough stone worthy of extolling Chanel’s most enduring talisman, the fragrance that helped build the feted maison and entrench the legend of Gabrielle “Coco” Chanel. The stone had to encompass all the virtues of Chanel No 5: it had to be flawless, eternal, and with just a frisson of mystery. Finally, a diamond was found. Not the biggest, most flamboyant one, but one that could be cut to obtain a perfect octagonal gem with a symbolic weight reflecting mademoiselle’s lucky number, to be used in a one-of-a-kind high jewelry necklace.
Now, two years after Patrice Leguéreau, director of the Chanel Jewelry Creation Studio, initially dreamed up a No 5 anniversary necklace with a few pencil strokes on black tracing paper – made specially for Chanel, of course – the piece is finally being unveiled. And at its heart: the astonishing dazzler weighing in at a symbolic 55.55 carats.
Definitely our favourite high jewelry piece this year!
Dolce and Gabbana auctions its NFTs
This year, Dolce and Gabanna joined the rank of other luxury brands by creating an NFT collection called Collezione Genesi.
This 9-piece, one-of-a-kind collection was personally designed by Domenico Dolce and Stefano Gabbana exclusively for UNXD. It featured entirely hand-made, museum-grade items across Alta Moda (women), Alta Sartoria (men), and Alta Gioielleria (high jewelry).
In a historic moment for the NFT ecosystem, Collezione Genesi is the first luxury NFT collection that involves both digital and physical works, truly bridging the physical and the metaphysical.
Jaeger-LeCoultre reverso hybris mechanica
Appropriately for the 90th anniversary of famed reversible wristwatch, Jaeger-LeCoultre (JLC) has debuted the ultimate Reverso. Boasting four faces, 11 complications, including a tourbillon, minute repeater, and instantaneous perpetual calendar, the Reverso Hybris Mechanica Calibre 185 Quadriptyque is a monumental wristwatch with four faces and a movement made up of 800 parts.
The watch is elaborately decorated – mainly with Clous de Paris guilloche and blue lacquer and only ten of the Calibre 185 will be made. The price of the watch is US$1.60 million and rather worth it in our humble opinion.
Botswana diamonds: second huge stone unearthed in a month
An enormous 1,174-carat diamond was unearthed in Botswana, a mining company – the second massive diamond to be found in the country in the space of a few weeks. The rare rock was recovered at the Karowe diamond mine and it is the third diamond of more than 1,000 carats found at the site.
The diamond is believed to be the world’s third-largest diamond.
“Stone” turns out to be rare 34 carat diamond
In one of the best feel-good stories of the year, an exceptionally rare 34-carat stone whose owner believed it was a cheap piece of costume jewelry has been valued at over $2.7 million. The giant gem, which is about the same size as a $1 coin, belongs to a woman in her 70s living in Northern England.
The owner doesn’t remember where she bought the stone but believes she might have picked it up at a flea market. While cleaning her Northumberland home, the unwitting diamond collector nearly threw the six-figure rarity in the trash, before a neighbor suggested she take it to get valued. We know she will definitely have a wonderful Christmas this year!
Van Gogh Olive Tree Painting Restored for Sale
One of Van Gogh’s Beloved Olive Tree Paintings Got Restored for a Special Exhibition. Conservator Michael Duffy gives the famous piece a meticulous refresh at the Museum of Modern Art in New York.
Vincent van Gogh’s olive-tree paintings represent an important entry in his sprawling oeuvre of more than 2,000 works. The series was completed during the penultimate year of the Dutch post-impressionist’s life, in 1889. Van Gogh was staying at a psychiatric hospital in Saint-Rémy-de-Provence, having admitted himself after suffering numerous breakdowns in nearby Arles.
The restoration called upon Michael Duffy’s extensive art knowledge and the use of modern technology to painstakingly restore this masterpiece to its former glory.
Listen to the podcast here