Ad hoc announcement pursuant to Art. 53 of the Listing Rules
Net sales of CHF 7 499 million, +4.6% to the previous year at constant exchange rates, or +2.5% at current rates.
Sales growth of 25% in local currencies in all regions, with the exception of China, where Covid lockdowns resulted in sales shortfalls of over CHF 700 million.
The MoonSwatch is a best seller, with over 1 000 000 watches sold. Ongoing high demand, including in January, in the approximately 180 stores which exclusively offer the MoonSwatch.
Operating profit of CHF 1 158 million (previous year: CHF 1 021 million).
Operating margin of 15.4% (previous year: 14.0%).
Net income of CHF 823 million (previous year: CHF 774 million).
Net margin of 11.0% (previous year: 10.6%).
Operating cash flow of CHF 724 million (previous year: CHF 1 298 million); lower versus previous year, mainly due to precautionary increase in safety stock.
Free cash flow1) of CHF 342 million (previous year: CHF 1 033 million).
High net liquidity2) of CHF 2 540 million (previous year: CHF 2 558 million).
At its next meeting, the Board of Directors will decide on the dividend proposal to the Annual General Meeting.
In view of the strong position of the Group brands in all segments worldwide and the robust numbers in January for Mainland China, the Group aims to achieve a record year in 2023.
financial assets swatch group
OUTLOOK 2023
Group Management anticipates strong sales growth in 2023 in all regions and segments. After the end of Covid measures, consumption quickly recovered, not only in China, but also in the surrounding markets of Hong Kong SAR and Macau. In addition, lifting of travel restrictions in China will revitalize sales in tourist destinations. The sales growth in January in China reinforces the Group’s expectation to aim for a record year in 2023.
1) Cash flow from operating activities minus cash flow from investing activities (without financial assets and securities)
2) Cash and cash equivalents as well as financial assets, securities and derivative financial instruments minus current financial debts and derivative financial liabilities
For Automobili Lamborghini, the year just ended was full of milestones and accolades that mark the company’s steady growth: the result of a roadmap and strategy that, as demonstrated within the latest figures, are proving to be successful.
Lamborghini continues to confirm positive trends following the inevitable impact of the pandemic that affected nearly every industry. For the past two years the company has continued its impressive growth not only in terms of sales, but also by the awards and certifications received, which demonstrate Lamborghini’s commitment to the various contexts in which it operates, from sustainability to human resources.
Stephan Winkelmann, President and CEO of Automobili Lamborghini S.p.A
Stephan Winkelmann, President and CEO of Automobili Lamborghini S.p.A
The Sant’Agata Bolognese-based company continues on its growth path, achieving yet another sales record delivering more than 9,000 cars
In terms of numbers, Automobili Lamborghini continues to break records and also for 2022 saw the best sales figures ever. In fact, the company delivered 9,233 cars worldwide, an increase of 10% over the previous year.
Stephan Winkelmann, Chairman and CEO of Automobili Lamborghini, remarked: “Our trend of growth and development continues, and this shows that our direction is sound and our choices are on the mark. This is the product of well-defined collective assessments that can produce consistent and concrete results. We have been able to carefully and meticulously manage an extraordinary order intake, pursuing a clear strategy with the primary objective of maintaining controlled growth to protect the exclusivity of our brand. 2023 is going to be a year of challenges and changes that we are ready to confront by always pushing ourselves beyond. We now have the opportunity to focus on our next objectives also thanks to an 18-month waiting list, which enables us to look to the future and the upcoming goals with confidence.”
A further acceleration of this trajectory will take place in 2023, when the first hybrid cars will be produced and Lamborghini enters the second phase of our Direzione Cor Tauri program: a strategic roadmap unveiled in 2021 that involves the highest-ever investment in the company’s history (1.8 billion euros over five years) delivering the hybrid transition and subsequently the transition to fully-electric vehicles.
In all macro-regions the sign was clearly positive, maintaining a homogeneous and consistent distribution, with Asia registering +14%, followed by America with +10% and finally EMEA with +7% compared to 2021. Sales, in almost all key markets, broke all records. This was also thanks to the high reputation the brand enjoys internationally, with the number of dealers increasing from 173 to 180 in just one year and with a presence in 53 different countries.
The United States remains in the top spot (2,721 cars delivered, up 10% over the previous year), followed by Chinese Mainland, Hong Kong & Macau (1,018 cars delivered, up 9% over the previous year), Germany (808 cars delivered, up 14% over the previous year), United Kingdom (650 cars delivered, up 15% over the previous year) and Japan (546 cars delivered, up 22% over the previous year).
In terms of models, the Urus1 Super SUV’s success is confirmed (5,367 units delivered, up 7% over 2021), followed by an impressive increase of the Huracán2 (3,113 units delivered, up 20% over 2021) and the Aventador3 with 753 units delivered, reaching the end of its production in September 2022.
In terms of product, 2022 was a year full of news, starting with the launch of the Huracán Tecnica in April, which consolidates the level of expertise Lamborghini has achieved in the field of design and engineering. The V10-powered rear-wheel drive car condenses the fun and driving dynamics of a Huracán STO into a new, sleeker look suitable for everyday use with the addition of aerodynamic enhancements aimed at boosting performance, stability and ease of use on both road and track. November saw another V10 unveiling of the Huracán Sterrato, the first super sports car designed to offer the ultimate driving pleasure away from conventional roads on loose surfaces, in a totally unique combination.
Last year was also a very important one for the Urus Super SUV, with the entry of two brand new models. At The Quail, A Motorsports Gathering event held in California in August, Automobili Lamborghini unveiled the all-new Urus Performante, which highlights sportiness and performance by focusing on a design that showcases its incredible capabilities on the road, on the track, and on loose surfaces. The new Super SUV boasts a power of 666 hp and a weight reduction of 47 kg, earning it a best-in-class weight-to-power ratio of 3.2. The Urus Performante also broke the record for a production SUV on the Pikes Peak International Hill Climb track, setting the best time ever with 0 to 100 km/h acceleration in just 3.3 seconds and a 100 to 0 km/h braking distance of 32.9 m. In September 2022, Automobili Lamborghini introduced to the market the Urus S, the latest successor to the Urus. The Urus S offers more power combined with unprecedented versatility and design, consolidating the Super SUV concept in the luxury car segment. Its twin-turbo V8 engine delivers a power of 666 hp4, equaling that of the Performante but introducing specific sophisticated refinements in the design, with a significant increase in options in terms of colors and finishes for wheels, style packages, and interior and exterior details.
The past year was also a time of great success in terms of the awards received by the House of Sant’Agata. Some of the most significant recognitions concern employees and HR activity, such as the Italy Top Employer, received for the ninth year in a row and attesting to the best corporate welfare practices that have been promoted for years by putting people at the center of the business. In the sphere of human resources, another recognition came from IDEM certification, as the first company certified in the automotive sector in Italy for its commitment to gender equality. In November 2022, the company also renewed its DESI project (Dual Education System Italy), now in its fifth year, designed to train young students with the goal of developing them into qualified technicians for the Motor Valley technology district and Lamborghini itself.
Participating students have the opportunity to acquire highly qualified and innovative technical and professional skills, as well as earning a five-year vocational education diploma thanks to the combined approach of theoretical classroom lessons and in-company learning experiences.
Automobili Lamborghini also had the great satisfaction of having received, for the second year in a row, the “Green Star Award”, which recognizes the company’s commitment to sustainability.
In light of the many initiatives, investments and efforts the company puts into practice daily to improve the quality of the planet, this award recognizes it as among the most sustainable companies in Italy.
https://www.myluxepoint.com/wp-content/uploads/2023/02/A220515_x750.jpg500750Carloshttps://www.myluxepoint.com/wp-content/uploads/2017/11/logo2v-1.pngCarlos2023-02-05 17:54:322023-02-06 10:24:57Automobili Lamborghini 2022: a record year
BRAND FINANCE Sustainability Perceptions Index 2023
World’s Biggest Brands Could Stand to Lose Billions from Poor Management of ESG Perceptions
· First of its kind study places value on brands’ reputation for sustainability
· Amazon tops the table with a sustainability perceptions value of $19.9bn
· Tesla is seen as one of the most sustainable brands, with sustainability driving 26.9% of value for the EV manufacturer
A first of its kind study has revealed the financial value of sustainability perceptions of the world’s biggest brands. The Brand Finance Sustainability Perceptions Index, released today in association with the International Advertising Association at the World Economic Forum in Davos, reveals that major global brands such as Amazon, Tesla, Apple and Alphabet each have billions of dollars contingent on carefully managing a reputation for commitment to sustainability.
Amazon has the most at stake with a sustainability perceptions value of US$19.9 billion. Other notable brands at the top of the ranking include Tesla (US$17.8 bn), Apple (US$14.65 bn), and Google (US$14.6 bn).
Brand Finance Strategy and Sustainability Director Robert Haigh commented, “For the first time, companies can now see the financial value that is tied to a reputation for acting sustainably. Whether they are seen as sustainability champions or not, the world’s biggest brands have hundreds of millions of dollars’ worth of value contingent on how sustainable they are perceived to be”
Dagmara Szule, Managing Director, IAA Global commented, “We see this as an incredibly potent tool to incentivize action in line with the UN SDGs and wider aims of the UNGC. By highlighting the financial value that is contingent on sustainability perceptions, we hope to harness businesses’ profit motive, moving them past the point where they see sustainability as a ‘hygiene factor’, to a point of rapid, concerted action.”
As part of the analysis, Brand Finance determines the relative importance of sustainability as a driver of value for brands. This relevels that Tesla is particularly financially reliant on sustainability perceptions. 26.9% of Tesla’s brand value is associated with a reputation for sustainability.
In fact, the Luxury Autos sector accounted for a number of brands that performed extremely well in terms of sustainability perception, such as Porsche and Mercedes-Benz. The research has revealed the important role of sustainability perception in driving choice amongst consumers in the sector, reflected through an average driver score of 22.9%.
Mr Haigh continued, “It might seem counterintuitive that brands associated with high fuel consumption are so reliant on a reputation for sustainability. However our research has found that at the premium end of all sectors, sustainability plays a powerful role. In luxury auto, where the purchase is discretionary and the brand is publicly expressed, the role of sustainability is further enhanced.”
As part of the analysis, Brand Finance also evaluated how sustainable each brand is perceived to be, allocating a ‘Sustainability Perceptions Score’. This strips back the impact of revenues to see which brands consumers think are the most committed to sustainability. Tesla, IKEA and Patagonia performed well across a wide range of markets. Lush and The Body Shop scored very highly in the UK. In France, Yves Rocher and tyre brand Michelin stood out, while Brazilian cosmetics giant Natura scored highly in its home market.
Further Brand Finance research revealed consumers are typically fairly trusting of brands’ sustainability related communication, with 62% believing claims about sustainability made by brands. However, 79% of consumers also said that they had reduced their use of a brand having discovered it was acting in an unsustainable way, reinforcing the imperative for brands to communicate clearly, authentically and accurately.
Robert Haigh concluded, “Failing to communicate clearly about ESG topics puts value at risk. Consumers are relatively trusting of sustainability claims, and clearly value brand’s commitment to sustainability, so under-communicating or ‘green-hushing’ is a missed opportunity. On the other hand, communication must be authentic and supported by action, because over-claiming or ‘greenwashing’ exposes the business to hundreds of millions of dollars of reputational damage.”
Engel & Völkers reports 1.2 billion euros in Group commission revenues for 2022
Hamburg, 1st February 2023. Engel & Völkers, the leading platform for real estate agents, reports Group commission revenues of 1.2 billion euros for the 2022 financial year. Real estate worth a total of approx. 39 billion euros was brokered worldwide.
“Despite the onset of a cooling-off period on the real estate market, our turnover performance matched that of the previous year, in excess of 1.2 billion euros. We were also successful in driving international expansion forward in our core markets and increasing the number of agents working under our brand,” says Sven Odia, Global CEO of Engel & Völkers, continuing: “In the current market climate, expertise, experience and professionalism are key differentiators when it comes to strengthening client loyalty and gaining even greater market share. In the second half of 2022, we saw that sellers are particularly drawn to us for our elaborated specialist knowledge, as well as for the intensive personal support we provide when brokering their properties. They also trust in our brand, which has been globally established. In 2023, we intend to invest even more in the training of our real estate agents and the expansion of our digital technology platform – in order to provide our clients with the best possible advice, especially during periods of crisis.”
Real estate as an anchor of stability
“The war in Ukraine and its ramifications in the form of a shortage of raw materials, the energy crisis, and rising inflation and mortgage rates meant that 2022 brought along a special set of circumstances that still continues. This mood of uncertainty led, in turn, to a certain reluctance to buy in some of our markets,” says Sven Odia. He goes on to say: “There is still a high demand for real estate however – as a safe haven and a capital investment that provides dependability in terms of value retention. Properties are seen as an anchor of stability, especially in the premium segment, and used as an attractive method of protecting assets in the long term.” Between January and December 2022, Engel & Völkers closed 10 percent more real estate transactions in the uppermost segment of properties worth in excess of 10 million euros.
Alongside the Group’s stable revenue performance, the number of real estate agents is growing continuously. In 2022, more than 1,000 agents and 53 shops joined the platform worldwide. “We offer them a global and renowned brand, an international network, and a superb platform that harnesses the very latest technologies. This offer will continue to attract many market experts in the future, which in turn will take the Group’s ongoing professionalisation to the next level. We are cautiously optimistic about developments in this coming year,” Sven Odia concludes.
ENGEL & VÖLKERS
Engel & Völkers GmbH
Global Corporate Communication Team
Vancouverstraße 2a
20457 Hamburg
Germany
T: +49 40-36 13 11 20
About Engel & Völkers: Engel & Völkers is one of the world’s leading service companies specialised in the brokerage of premium residential property, commercial real estate, yachts and aircrafts. For over 40 years now, the wishes and needs of private and institutional clients have had top priority, giving rise to the ongoing development of a range of services relating to all aspects of real estate. Sales and leaseholds, as well as consultancy for various investment opportunities in the real estate segment are among the core competencies of more than 16,500 people operating under the Engel & Völkers brand. The company is currently operating in over 30 countries on five continents. Intensive training schemes in its in-house real estate Academy and the high level of quality assurance governing its systematically structured service provision are key factors that account for the company’s success. Engel & Völkers develops digital tools and IT products on an ongoing basis, in order to keep its service as efficient as possible. In doing so, the company is setting new standards in digital solutions for property brokerage. www.engelvoelkers.com
https://www.myluxepoint.com/wp-content/uploads/2023/02/Sven-Odia-c-Engel-Volkers.jpg636966Carloshttps://www.myluxepoint.com/wp-content/uploads/2017/11/logo2v-1.pngCarlos2023-02-04 18:41:452023-02-04 18:41:45Engel & Völkers reports 1.2 billion euros in Group commission revenues for 2022
La marca italiana SLAM se convierte en proveedor oficial de indumentaria de America’s Cup Defender Emirates Team New Zealand
La marca italiana de ropa de navegación de alto rendimiento SLAM ha unido fuerzas con el cuatro veces ganador de la America’s Cup, el Emirates Team New Zealand, en la preparación de la 37.ª edición del icónico evento en Barcelona el próximo año.
Grant Dalton, Emirates Team New Zealand CEO
SLAM, una marca global que se fundó en Génova en 1979, se sumará a la campaña de Nueva Zelanda como proveedor oficial de indumentaria mientras el equipo prepara su defensa de la America’s Cup en octubre de 2024.
Emirates Team New Zealand defendió con éxito la America’s Cup en Auckland en 2021 después de haber ganado previamente la competencia deportiva internacional más antigua del mundo en 1995, 2000 y luego nuevamente en 2017.
SLAM cambió de manos en 2021, fue comprada por VAM Investment Group y se embarcó en un nuevo viaje de alto perfil con el regatista campeón del mundo Enrico Chieffi a la cabeza como director ejecutivo y un fuerte enfoque en ropa de navegación de clase mundial técnicamente innovadora y de alto rendimiento.
El Emirates Team New Zealand defenderá la America’s Cup contra los ganadores de la Challenger Series, que será disputada por cinco equipos ultracompetitivos: el INEOS Britannia del Reino Unido dirigido por el multicampeón olímpico Sir Ben Ainslie; los dos veces ganadores de la Copa de Suiza Alinghi Red Bull Racing; el equipo italiano Luna Rossa Prada Pirelli dirigido por Max Sirena como director y patrón del equipo; American Magic dirigido por Terry Hutchinson con los ganadores de la medalla de oro olímpica Tom Slingsby y Paul Goodison; y el K-Challenge francés liderado por Stephan Kandler.
Enrico Chieffi, director ejecutivo de SLAM
El CEO de Emirates Team New Zealand, Grant Dalton, dijo: “SLAM ha demostrado su estrategia clara y positiva al trabajar para convertirse en una de las mejores marcas de ropa de navegación de alto rendimiento del mundo y todos nosotros en Emirates Team New Zealand esperamos trabajar junto a ellos en eso”. misión.
“Somos un equipo de más de 100 personas en una amplia gama de roles vitales, desde ingeniería hasta construcción de barcos y navegación, que deben trabajar juntos para ganar la Copa América. Esta filosofía se extiende a todos nuestros socios y SLAM y su compromiso con su indumentaria de calidad”.
El acuerdo hará que SLAM suministre ropa técnica al Emirates Team New Zealand luego de una colaboración en el desarrollo de materiales y diseño de productos. Se comercializará a nivel mundial una versión réplica de la indumentaria que viste el equipo con las mismas características técnicas.
Enrico Chieffi dijo: “Es un verdadero honor firmar este acuerdo y unirme a la campaña del Emirates Team New Zealand. Haremos todo lo posible para contribuir a su defensa de la America’s Cup. Grant Dalton y yo nos conocemos desde hace muchos años. Siempre ha existido una sintonía y un profundo respeto entre nosotros, incluso cuando a menudo fuimos protagonistas en los eventos más importantes de la vela mundial, primero como atletas y luego como gerentes.
“SLAM ha desempeñado un papel central en el mundo de la navegación durante más de 40 años y nuestro objetivo es establecer su lugar entre las mejores marcas de navegación de alto rendimiento del mundo. Esta asociación es un paso importante en ese camino”. The Emirates Team New Zealand la ropa técnica es el resultado de una estrecha colaboración en el desarrollo de materiales y diseño de productos”, agregó Chieffi, quien fue campeón mundial en las clases 470 y Star, doble regatista olímpico y táctico en el retador de la Copa América de Italia Il Moro di Venezia. en 1992.
Acerca de Slam
Slam S.p.A. es una reconocida marca italiana de ropa de navegación de alto rendimiento fundada en Génova en 1979. La empresa es propiedad de VAM Investment Group desde 2021, y Enrico Chieffi, campeón mundial, atleta olímpico, táctico de la Copa América y exitoso hombre de negocios, es el director ejecutivo. Con el apoyo clave del nuevo socio financiero y estratégico de la empresa, Chieffi se encarga de llevar adelante la misión de gestionar la nueva fase de desarrollo de SLAM, con el objetivo de desbloquear todo el potencial de la marca y establecer a SLAM entre las mejores marcas de navegación de alto rendimiento del mundo.
Acerca de VAM Investment Group spa
VAM es una sociedad de cartera de capital privado dirigida por el consejero delegado y accionista Marco Piana, controlada por el presidente Francesco Trapani y participada por Tages, una sociedad internacional de gestión de activos activa en fondos alternativos, infraestructura y, a través de sus accionistas, deuda en dificultades/NPL, con Umberto Quadrino como presidente y Panfilo Tarantelli como director general. VAM realiza inversiones de capital privado junto con empresarios y gerentes, proporcionando una combinación exclusiva en el mercado de conjuntos de habilidades comerciales, administrativas y financieras. A los socios de VAM se une un grupo cercano de oficinas familiares italianas e internacionales de alto perfil que conforman el VAM Investments Club. Recientemente, VAM ha llevado a cabo operaciones de inversión clave, incluida la del Grupo Florence, nombre líder en la cadena de suministro textil de Italia, y la cotización de un SPAC valorado en 210 millones en la bolsa de valores de Ámsterdam.
https://www.myluxepoint.com/wp-content/uploads/2023/01/m29374_P105064126-1.jpg9011200Nico Nicohttps://www.myluxepoint.com/wp-content/uploads/2017/11/logo2v-1.pngNico Nico2023-01-21 18:49:352023-01-21 18:58:50Italian brand SLAM becomes Official Apparel Supplier to America’s Cup Defender Emirates Team New Zealand
BENTLEY MOTORS APPOINTS NEW MULLINER AND MOTORSPORT DIRECTOR IN BESPOKE DIVISION REORGANISATION
Ansar Ali joins Bentley as Mulliner and Motorsport Director from McLaren Special Operations
Paul Williams becomes Mulliner Chief Technical Officer with Bob Martin appointed Chief Operating Officer
Reorganisation follows record levels of demand for bespoke services, increasing fivefold in the past five years
(Crewe, 13 January 2023) Bentley Motors today announced the appointment of Ansar Ali as the new Mulliner and Motorsport Director, reporting directly to Adrian Hallmark, Chairman and CEO. Ali will lead the reorganised Mulliner division as customer personalisation reaches record levels of demand.
Ali, who has a 30 year career in the automotive industry, joins from McLaren Special Operations where he was Managing Director. Before this, Ali held senior management roles at Ford, Lotus, Caterham and co-founded Zenos Cars.
Ali’s dual responsibilities at Bentley cover Motorsport activities, working closely with the GT3 race teams currently competing, and a focus on Bentley’s personal commissioning division, Mulliner, the oldest coachbuilder in the world and now with three distinct classifications; Classics, Collections and Coachbuilt. Commenting on Ali’s appointment, Adrian Hallmark said:
“Mulliner represents the very pinnacle of automotive design and expertise and Ansar joins at a time when we are experiencing record levels of demand across our features, collections, coachbuilt and classics possibilities. Ansar’s considerable industry experience, particularly leading low-volume, highly bespoke customer-led divisions will offer valuable insights that will reinforce Mulliner as the leading personal commissioning division and generate significant contributions to the wider Bentley business.”
Ali will lead a reorganised Mulliner bespoke division in which Paul Williams becomes Chief Technical Officer, having held a number of senior positions in a 15 year career at Bentley, and Bob Martin, formerly Head of Final Assembly at Bentley, becomes Chief Operating Officer. All positions are effective immediately.
Mulliner has been building bespoke bodies and cabins since 1923 and today handcrafts exquisite, personalised cars that epitomise luxury, performance, exclusivity and individuality. Mulliner’s portfolio includes coachbuilt cars such as the Batur, heritage limited editions including the Blower, and a wide variety of stunning and unique customer projects.
The high level of customer demand for bespoke services, reaching record numbers in 2022, helped push Bentley to its third consecutive record sales year, announcing earlier this week a sales success of 15,174 in 2022, a four per cent increase on 2021.
Bentley Motors
Bentley Motors is the most sought after luxury car brand in the world. The company’s headquarters in Crewe is home to all of its operations including design, R&D, engineering and production of the company’s five model lines, Continental GT, Continental GT Convertible, Flying Spur, Bentayga and Bentayga EWB. The combination of fine craftsmanship, using skills that have been handed down through generations, alongside engineering expertise and cutting-edge technology is unique to UK luxury car brands such as Bentley. It is also an example of high-value British manufacturing at its best. Bentley employs around 4,000 people at Crewe.
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Porsche put in a robust performance in fiscal year 2022, with a slight increase in deliveries. The sports car manufacturer delivered a total of 309,884 cars over the past 12 months, 3 per cent more than in 2021 – despite several global crises.
Porsche fulfills the dreams of its customers, as strong delivery figures and the continued good order situation for fiscal year 2022 demonstrate. Worldwide, the sports car manufacturer delivered 309,884 vehicles to customers last year, an increase of 3 per cent over the previous year.
Detlev von Platen, Executive Board Member for Sales and Marketing at Porsche AG
“The many challenges caused by the war in Ukraine, interrupted supply chains and the ongoing semiconductor crisis have shaped the past year and put us to the test,” says Detlev von Platen, Executive Board Member for Sales and Marketing at Porsche AG. “So I am all the prouder of the entire Porsche team. In this difficult environment, we have succeeded in fulfilling the dream of owning a Porsche for more customers than ever before.”
Deliveries in Europe 7 per cent above previous year
In the Europe sales region, Porsche delivered 62,685 cars in 2022. This is 7 per cent more than in the previous year. In its home market of Germany, 29,512 customers took delivery of their cars – an increase of 3 per cent. In North America, Porsche recorded 79,260 deliveries, matching the previous year’s level. This was a particularly strong performance in view of logistical and supply challenges that started the year. In what remains the biggest single market, China, 93,286 cars were delivered to customers (-2 per cent). The slight dip here is mainly due to the effects of the COVID pandemic. Waves of infection, COVID-related lockdowns and logistical challenges affected the deliveries. The Overseas and Emerging Markets sales region continues to develop positively with an increase in deliveries of 13 per cent. Some 45,141 cars were delivered to customers in this region during 2022.
SUVs remain popular among customers
The models with the highest demand again in 2022 were the brand’s SUVs: the Porsche Cayenne was delivered a total of 95,604 times. The Macan followed in second place with 86,724 units delivered. With 40,410 deliveries (+5 per cent) the Porsche 911 remains very popular as well. The sports saloon Panamera was delivered to 34,142 customers (+13 per cent).
The Taycan remains at a high level of orders. In 2022, Porsche delivered 34,801 cars from the model line worldwide (-16 percent). The decline was due to supply chain bottlenecks and limited component availability. Both issues affected the electric sports car in particular. Customers took delivery of 18,203 units of the 718 Boxster and 718 Cayman models.
Taycan GTS and Taycan GTS Sport Turismo
“On the sales side, results have been positive in 2022,” says von Platen. “Porsche is in a solid position. And we’re building on that basis.”
Porsche AG
Deliveries
January – December
2021
2022
Difference
Worldwide
301,915
309,884
+3%
Germany
28,565
29,512
+3%
North America
79,166
79,260
0%
China
95,671
93,286
-2%
Europe (excluding Germany)
58,576
62,685
+7%
Overseas and Emerging Markets
39,937
45,141
+13%
Disclaimer
This announcement contains ‘forward-looking statements’ that reflect the Porsche’s current view of the future events.
Words such as ‘will’, ‘presume’, ‘as a goal’, ‘could’, ‘possibly’, ‘should’, ‘believe’, ‘intend’, ‘plan’, ‘in preparation’, and ‘aim’ are used to indicate statements relating to the future. These statements are subject to a variety of risks, uncertainties and assumptions. If any of these risks or uncertainties materialise or if the assumptions underlying Porsche’s forward-looking statements should prove unfounded, the actual results could differ significantly from the ones that Porsche has expressly or implicitly assumed in these statements. Forward-looking statements in this press release are based solely on the circumstances pertaining on the day of publication.
These forward-looking statements will not be updated later. These statements are true on the day of publication and may be overtaken by later events.
LVMH organiza la cuarta edición de LVMH Watch Week en Singapur del 10 al 12 de enero
Organizado por el Grupo LVMH, LVMH Watch Week es tradicionalmente el primer evento en el calendario de exhibiciones de la industria relojera, antes de Watches and Wonders en Ginebra. Como cada año, el evento destaca el impulso dinámico de las marcas relojeras de LVMH y de toda la industria. Bulgari, Hublot, TAG Heuer Y Zenith estarán en Singapur este año para presentar sus últimas colecciones y relojes excepcionales para periodistas de todo el mundo.
Cada una de las cuatro maisones de relojería LVMH contará con su posicionamiento distintivo y su único savoir-faire: audaz creatividad y sofisticación de Bulgari, innovación dinámica en Hublot, espíritu de vanguardia para TAG Heuer y Legendary Expertise en Zenith.
A partir del 10 de enero, los sitios web y las redes sociales de LVMH, Bulgari, Hublot, TAG Heuer y Zenith mostrarán todas las nuevas y emocionantes creaciones de relojes presentadas en el evento.
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eBay Opens Store in NYC that Accepts Pre-Owned Luxury as Currency
eBay Inc. Nov 16, 2022, 08:00 ET
Shoppers are invited to have their jewelry, handbags, and watches appraised and exchanged for “closet currency” to purchase authentic items from eBay’s top luxury sellers
SAN JOSE, Calif., Nov. 16, 2022– Open during Jewelry Week in the heart of New York’s iconic Diamond District, the eBay Luxury Exchange capitalizes on the skyrocketing value of authenticated luxury items by letting shoppers exchange jewelry, handbags and watches from top brands like Gucci, Rolex, and Van Cleef & Arpels.
“It’s never been easier for luxury enthusiasts to refine their collections in a trusted environment, and we wanted to create an IRL experience that reflects what’s happening on eBay every day,” said Tirath Kamdar, GM of Luxury at eBay. “The Luxury Exchange gives shoppers an opportunity to appraise and sell their valuable goods, and add something new to their personal collections – just in time for the holiday season.”
eBay’s Luxury Exchange capitalizes on the skyrocketing value of authenticated luxury items by letting shoppers exchange jewelry, handbags and watches from top brands like Gucci, Rolex, and Van Cleef & Arpels.
eBay’s Luxury Exchange: How it Works
Shoppers have their luxury items appraised and assigned a value with which they can shop the store’s inventory of designer watches, handbags, and jewelry.
Once shoppers find an item(s) within their “currency,” they can make the exchange and walk out of the store with their new luxury goods.
If nothing in the store catches a shopper’s eye, guests can visit the on-site photo studio and opt to list on eBay themselves instead of exchanging.
The Luxury Exchange comes on the heels of the expansion of Authenticity Guarantee to jewelry, a move that significantly augments eBay’s luxury offering. eBay launched Authenticity Guarantee in 2020, and the program now includes sneakers, watches, handbags, trading cards and now, fine jewelry. As a result, more and more shoppers are turning to eBay to buy and sell their collections. This behavior is reflected in the depth and quality of inventory available on the marketplace.
eBay’s Luxury Exchange capitalizes on the skyrocketing value of authenticated luxury items by letting shoppers exchange jewelry, handbags and watches from top brands like Gucci, Rolex, and Van Cleef & Arpels.
The Rise of Resale: Luxury As Currency
As economic uncertainty proliferates, interest in alternative investment classes has continued to climb. According to “The Rise of Resale: Luxury As Currency” – a new report from BoF Insights, the data and analysis think tank from The Business of Fashion, conducted in partnership with eBay – approximately 30% of U.S. luxury shoppers surveyed believe the value of luxury handbags, watches, and jewelry is less volatile than other investment assets they own1.
eBay’s Luxury Exchange invites shoppers to have their jewelry, handbags, and watches appraised and exchanged for “closet currency” to purchase authentic items from eBay’s top luxury sellers.
eBay’s Luxury Exchange invites shoppers to have their jewelry, handbags, and watches appraised and exchanged for “closet currency” to purchase authentic items from eBay’s top luxury sellers.
More than half of these shoppers see their luxury items as a form of currency, and they think about their collections dynamically, as a way to trade for other items that they want. What’s more, sixty-two percent of respondents report that they have sold items from their collection for more than the original purchase price.
eBay Opens Store in NYC that Accepts Pre-Owned Luxury as Currency
“Everyone Deserves Real”
Physical authentication is the leading factor in convincing a shopper to purchase a second hand luxury handbag, watch, and jewelry on an online resale platform. eBay’s commitment to authenticity in the luxury category is further evidenced by its upcoming brand campaign – “Everyone Deserves Real” – which spotlights how the pervasiveness of ‘fakery’ in pop culture contrasts with the very real world of eBay’s authentication service and its expert authenticators.
Luxury on eBay – By the Numbers
Watches
In 2021, eight watches were purchased on eBay in the US every minute.
The most sold watch brands in 2022 are Hamilton, Omega, Seiko, Tag Heuer, and Tissot in the US and Canada.
Sales for trending styles like the Omega Speedmaster and Rolex Oyster Perpetual Explorer are up triple digits YoY in the US and Canada in 2022.
Handbags
In 2021, a handbag was purchased on eBay in the US and Canada every 13 seconds.
Chanel, Gucci, Louis Vuitton, and Prada are 2022’s top selling handbag brands in the US and Canada.
Sales of styles like the Balenciaga Le Cagole and Chanel 22 are up triple-digits YoY in the US and Canada in 2022.
Jewelry
In 2021, eBay sold eight fine jewelry items in the US and Canada every minute.
Cartier, David Yurman, Gucci, Swarovski, and Tiffany & Co are 2022’s top selling brands in the US and Canada.
Sales of the Chanel Coco Crush Ring, David Yurman Cable Spira Bracelet, Gucci Interlocking G Bracelet, and Mikimoto Cultured Pearl Bracelet are up triple digits YoY in 2022 in the US and Canada.
eBay’s Luxury Exchange – at 22 W. 47th Street, New York, NY – is open to the public from Wednesday, November 16 through Thursday, November 17, from 11am to 6pm.
About eBay
eBay Inc. (Nasdaq: EBAY) is a global commerce leader that connects people and builds communities to create economic opportunity for all. Our technology empowers millions of buyers and sellers in more than 190 markets around the world, providing everyone the opportunity to grow and thrive. Founded in 1995 in San Jose, California, eBay is one of the world’s largest and most vibrant marketplaces for discovering great value and unique selection. In 2021, eBay enabled over $87 billion of gross merchandise volume. For more information about the company and its global portfolio of online brands, visit www.ebayinc.com.
1 Business of Fashion survey data collection in the U.S. in October 2022.
https://www.myluxepoint.com/wp-content/uploads/2022/11/5-2.jpg13332000Carloshttps://www.myluxepoint.com/wp-content/uploads/2017/11/logo2v-1.pngCarlos2022-11-21 22:22:362022-11-21 22:22:36eBay Opens Store in NYC that Accepts Pre-Owned Luxury as Currency
Madrid, October 5, 2022.- Porsche remains the most valuable luxury and premium brand in the world, valued at US$33.7 billion according to the latest Luxury & Premium 50 2022 report by Brand Finance , the leading independent valuation consultancy for brands that comply with ISO 10668 and ISO 20671 on the subject, which analyzes the 50 most valuable luxury and premium brands in the world.
Porsche (whose brand value has fallen by 2% to US$33.7 billion) has remained in first place for another year as the most valuable luxury and premium brand in the world. Porsche’s leadership in the luxury and premium segment is good news for the brand, which has just been spun off by its owner, the Volkswagen Group , in an initial public offering on the Frankfurt Stock Exchange.
Each year, leading brand valuation consultancy Brand Finance values 5,000 of the world’s biggest brands and publishes over 100 reports ranking brands across all industries and countries. The 50 most valuable and strongest luxury and premium brands are included in the annual Brand Finance Luxury & Premium 50 2022 ranking.
Alex Haigh, Head of Brand Finance , said: “Porsche’s new IPO shows the value of a brand in a very visceral way, much like the Sergio Marchionne-led spin-off of Ferrari years ago. It made a lot of sense to extract value hidden within the Volkswagen group, especially when it comes to an iconic luxury brand like Porsche, which can generate such returns compared to other brands in the portfolio.”
Louis Vuitton is the second most valuable luxury and premium brand, valued at US$23.4 billion
Louis Vuitton (brand value up 58% to $23.4 billion) benefited from increased spending on luxury goods during the pandemic period, especially in China. Covid-19 related restrictions benefited Louis Vuitton as consumers redirected their spending away from travel, hospitality and services towards high-end luxury products.
Louis Vuitton is now trying to manage its brand through strong digital marketing campaigns focused on attracting new customer bases, while maintaining a brand heritage steeped in rich history. On the other hand, the Spanish luxury retailer Loewe, whose brand value has increased by 7%, faces similar challenges, since it has established multiple channels of communication with its customers, online and face-to-face.
Pilar Alonso Ulloa, Managing Director Iberia (Spain, Portugal) and South America commented: “LOEWE has represented Spain in this ranking since 2018. The value of the brand has been growing year after year, however its strength has been diminished in the last two years. . It is one of the top 10 brands most considered by consumers in Spain that highlight the familiarity of the brand compared to others in the sector”.
Ferrari is the strongest luxury and premium brand in the world with a AAA+ rating
In addition to calculating brand equity, Brand Finance also determines the relative strength of brands through a balanced scorecard of metrics that assess marketing spend, brand equity, and business performance (business results). Certified to ISO 20671, Brand Finance’s Stakeholder Value Assessment incorporates original market research data from more than 100,000 respondents in more than 35 countries and across nearly 30 industries.
Ferrari (whose brand value has fallen by 13% to US$8.0 billion) is one of the world’s most recognizable brands and is the world’s strongest luxury brand, with a score in the Brand Strength Index (BSI) of 90.9 out of 100 and an elite AAA+ rating.
An important attribute of the Ferrari brand is its iconic internal combustion engines. The upcoming migration to electric vehicles therefore represents both a challenge and an opportunity for the brand, which aims to manufacture its first fully electric vehicle by 2025 and expects electric vehicles to account for 40% of its product offering by 2030.
The Ritz-Carlton is the world’s fastest growing luxury and premium brand, doubling in value this year
The Ritz-Carlton (whose brand value has doubled to US$1.1 billion) is the world’s fastest growing luxury hotel brand. Its brand value has increased 112% this year, coinciding with the reopening of travel in much of the world. The rise in brand value can be attributed to their impressive revenue per available room that they have reopened after the pandemic. The Ritz-Carlton, part of the Marriott Group , has built an extremely strong brand, with a brand strength index that has increased from 79.6 to 83.2 out of 100, earning a AAA brand rating.
InterContinental luxury hotel brand value (brand value down 1% to $1.5bn) dipped slightly, with significant concern over potential delays in reopening services in key market of InterContinental, China. Despite going through one of the toughest periods the hospitality industry has ever faced, InterContinental remains focused on delivering on its “True Hospitality for Good” brand promise.
Despite the overall drop in brand value, both Lamborghini (whose brand value is down 4%, to $1.9 billion) and Aston Martin (whose brand value is down 18%, to the US $1.1 trillion) have drawn up new sustainability-focused roadmaps that already appear to be having a positive impact on their brand perception.
Dior and Dolce & Gabbana post impressive brand equity
Dior (brand value up 19% to $9.0bn) saw huge global success with its Sauvage fragrance, and the brand returned to growth after the pandemic-induced disruption. Dolce & Gabbana (brand value up 55% to $1.4 billion) is known for its distinctive personality. The Italian brand is in the process of creating Dolce & Gabbana Beauty , which in January 2023 will assume 100% control of the manufacture, sale and distribution of its fragrance and makeup products.
Estée Lauder manages to enter the top ten in brand value
Estée Lauder (brand value up 39% to $7.9 billion) has grown rapidly this year and has recently benefited from increased sales at airports, among other channels, due to the recovery of the tourism sector worldwide, and seems to have made good use of it. The brand has other significant growth opportunities, including its bid to acquire luxury fashion house Tom Ford for $3bn in what would become the largest acquisition deal to date.
Every year, Brand Finance puts 5,000 of the biggest brands to the test, assessing their strength and quantifying their value, and publishes nearly 100 reports, ranking brands across industries and countries. The 50 most valuable brands in the luxury and premium sector are included in the Brand Finance Luxury & Premium 50 2022 ranking.
The full ranking, additional explanations, charts and infographics, more information on the methodology, as well as definitions of key terms are available in the Brand Finance Luxury & Premium 50 2022 report.
Brand value is understood as the net economic benefit that a brand owner would achieve by licensing the brand on the open market. Brand strength is the effectiveness of a brand’s performance on intangible measures relative to its competitors. See below for a full explanation of our methodology.
https://www.myluxepoint.com/wp-content/uploads/2022/10/Wappen_Porsche.jpeg10891935Nico Nicohttps://www.myluxepoint.com/wp-content/uploads/2017/11/logo2v-1.pngNico Nico2022-10-05 17:34:152022-10-05 17:34:15Porsche is the most valuable luxury brand according to Brand Finance
