Un-bowl-ievable: The new menu is out🍽️

📣 Chirping This Week 📣

  • BMW's Unveiling an All-Electric SUV and a Charged-Up 3 Series. 🚗

  • Is Mumbai the New Mecca for Luxury Fashion? 👗

  • New Fragrance Launch: Creed Queen of Silk Perfume. 🧴

  • Luxury Influencer Masoom Minawala spotted wearing JAEGER-LECOULTRE. ⌚

Canary’s special tidbit this week 📩

➡️ Did You Know? Rolls-Royce has a rich history intertwined with India.

🗞️ Luxury News 🗞️

From Runway to Riviera Feast: Jacquemus' New Saint-Tropez Boutique is a Foodie & Fashion Paradise. (Fashion)

Attention all fashion flockers! Jacquemus has invaded Saint-Tropez in the best way possible! First, the beloved La Renaissance cafe got a Jacquemus makeover. Think dreamy decor and a refreshed menu by superstar chefs – salade niçoise, anyone? But Jacquemus didn't stop there. He transformed Indie Beach into a green-striped paradise, complete with Jacquemus-designed beach gear you can buy on-site. Plus, a temporary boutique showcases his latest collections, including the head-turning "Les Sculptures." Basically, Jacquemus turned Saint-Tropez into his own chic summer playground, and we're all invited (as long as we have impeccable taste, of course). So pack your beret and head to the French Riviera for a summer to remember!

Is Mytheresa Going Private ? (Business)

Mytheresa, a German luxury e-commerce company, is looking to go private and is also interested in acquiring Net-a-porter, another luxury e-commerce retailer. It wants out of the public eye: They're tired of the pressures of being a publicly traded company and want more freedom to operate. Going private could fuel growth: This would allow them to invest more in their business without worrying about short-term stock prices. Net-a-porter acquisition a strategic move: Net-a-porter has a strong presence in the US and Asia, which would complement Mytheresa's German base. Mytheresa is in a good position: They're profitable and growing, unlike many other luxury e-commerce companies. The future of luxury e-commerce is uncertain: It's a tough market with a lot of competition, but Mytheresa seems to be navigating it well by focusing on high-end products.

From Bollywood to Billionaires: Is Mumbai the New Mecca for Luxury Fashion? (Markets)

India's luxury market is expected to surge by 25% annually, reaching €38 billion by 2030, driven by a growing middle class. Despite challenges like income disparity, major cities like Mumbai and Bengaluru are becoming luxury hubs attracting brands like Gucci and Louis Vuitton. While watches and jewelry are popular, the market for premium beauty products is also set to take off. Overall, India's luxury market presents a massive opportunity for luxury brands willing to adapt to local preferences and navigate the existing challenges.

Ilma, the Ritz-Carlton's New Mega-Liner, is the Ultimate Ocean Oasis. (Motors/Marine)

Hear ye, hear ye! Canary's got the scoop on Ilma, Ritz-Carlton's latest seafaring sensation—a gargantuan 224-suite luxury cruise liner that's set to redefine opulence on the high seas. Ilma, affectionately dubbed a "superyacht" by Ritz-Carlton, was unvieled at the Chantiers de l'Atlantique shipyard in Saint-Nazaire, France, last September. And mark your calendars, my loves, for her debut voyage is slated for this fall. This majestic vessel joins the illustrious Ritz-Carlton fleet alongside the Evrima, a 623-foot gem and the upcoming Luminara, a 794-foot marvel scheduled to grace the waves in 2025. Now, let's talk suites, shall we? With 224 spacious abodes, Ilma promises an indulgent experience for up to 448 lucky passengers. Each suite boasts floor-to-ceiling windows and private oceanview terraces, ensuring an unbreakable bond with the majestic sea. Prepare to be whisked away by the exquisite decor, inspired by the rich tapestry of Maltese mythology, coastline, history, and fauna. Picture neutral tones mingling with dark finishes, illuminated by statement lighting courtesy of the visionary designer DPA.

Brake Time! BMW's Unveiling an All-Electric SUV and a Charged-Up 3 Series. (Cars)

Heard a rev about BMW's swanky new electric lineup, Neue Klasse. Forget waiting lists for gas, these luxe saloons and SUVs are charging into production next year. Apparently, the first two rides will be a sporty SAV (think iX3) and a sleek sedan (think next-gen 3 Series). No surprise there, considering their old-school 60s namesake. Whispers suggest the sedan will follow the original Vision Neue Klasse concept. BMW's staying hush-hush on most details, but expect some seriously cutting-edge tech: next-gen electric drive systems, beefier batteries, and crazy-fast charging. Plus, at least six new EVs are on the horizon. Seems like BMW's all-in on electric, and with good reason - their EVs are flying off the shelves! Over 82,000 delivered so far this year, that's almost 14% of their total sales. Looks like the future of luxury is electric, and BMW's leading the charge.

Brace Yourselves for a Bitter Pill: Cocoa Prices Hit Record Highs. (Luxury Dining)

Bad news, chocoholics. Your cocoa fix is about to get pricier. The cocoa market is going bananas, with prices reaching a crazy $11,000 a ton in April! Yikes. There's a perfect storm brewing: bad harvests in Africa (think aging trees and no rain) are causing a shortage. Experts predict the shortage will last a while, with a gap of almost 400,000 tons of cocoa this season. Financial folks are also playing a role, betting on even higher prices in the future, which drove prices even crazier. Big chocolate companies like Hershey's are already raising prices, and they might go even higher if things don't change. The good news? Fancy chocolate makers who source their cocoa from smaller farms are less affected. They already pay more for higher quality beans, so the price hike hurts them less. But for the rest of us? Looks like that Hershey's bar might become a real luxury treat. So savor every bite!

🔥Hottest in Luxury 🔥

🎯Luxury Spotted🎯

[Continuing some of the best from Met Gala]

Sabrina Carpenter flaunting Oscar de la Renta’s Retro gown with Alice in Wonderland-blue skirt and train at Met Gala 2024.👗

Tyla staying true to the theme in a custom made Balmain at Met Gala 2024.👀

Kendall Jenner chose Vintage Givenchy Haute by Alexander McQueen at Met Gala 2024. 💃

Ed Sheeran. The British musician was spotted wearing the Audemars Piguet Royal Oak Perpetual Calendar “John Mayer” at this year’s Miami Grand Prix. 🏎

Global fashion and Luxury Influencer Masoom Minawala spotted wearing JAEGER-LECOULTRE at The Precision Pioneer exhibition and experience hands-on watchmaking. ⌚

Mercedes-AMG driver Lewis Hamilton spotted wearing an IWC watch inspired by the three-pointed star to the Miami GP. The Big Pilot’s Watch is one of two models IWC released to celebrate 10 years of working with the Mercedes F1 team. 🏁

💡Luxury Tidbit 💡

Did You Know? Rolls-Royce has a rich history intertwined with India.

Here are some lesser-known luxury tidbits about Rolls-Royce and its association with India:

Maharajas' Love Affair with Rolls-Royce: In the era of British rule, Rolls-Royce became the ultimate symbol of wealth and status for India's princely states. Maharajas and Nawabs collected fleets of these luxury cars, displaying their power and opulence. Many were one-of-a-kind creations, customised with lavish interiors, personal emblems, and even gold accents to reflect the owner's unique taste.

Spirit of Ecstasy Inspired by an Indian Princess: The famous "Spirit of Ecstasy" ornament gracing every Rolls-Royce has an Indian connection. Eleanor Thornton, an Indian-born British socialite, is believed to be the inspiration for the original figurine. Commissioned in 1910, her elegance and grace are captured forever in this enduring symbol of Rolls-Royce luxury.

Rolls-Royce Phantom VI State Limousine for the Indian President: Creating bespoke vehicles for world leaders is a Rolls-Royce tradition. For India, they crafted a special Phantom VI State Limousine for the President. These majestic cars, with their imposing presence and regal interiors, served as official state cars for important ceremonies and diplomatic events, embodying India's heritage and prestige.

Bollywood and Beyond: Rolls-Royce cars are a favourite among Indian celebrities, especially in Bollywood. From legendary actors like Amitabh Bachchan to today's stars like Shah Rukh Khan, owning a Rolls-Royce signifies success and style. These luxury cars even make appearances in Bollywood movies, adding a touch of glamour to the silver screen.

Rolls-Royce Boutique in India: Rolls-Royce's commitment to India has grown with exclusive boutiques opening in major cities. These boutiques allow discerning customers to experience the Rolls-Royce legacy firsthand. See the latest models, explore bespoke customisation options, and discover lifestyle accessories—all in a personalised and immersive environment. This caters to India's growing population of luxury enthusiasts.

These fascinating facts reveal the deep connection between Rolls-Royce and India, a story of enduring legacy, royalty, and automotive excellence.

Canary’s in for a ride? Wanna hop in?😎
She’ll return Next Friday with a bang!

Until then,
Stay Luxe you all!

Sources:
LinkedIn
Bloomberg
Robb Report
WWD

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