Tag Archive for: 2021

ROLLS-ROYCE MOTOR CARS REPORTS RECORD ANNUAL RESULTS FOR 2021

In 2021, Rolls-Royce Motor Cars delivered the highest-ever annual sales results in the marque’s 117-year history. The company delivered 5,586 motor cars to clients around the world, up 49% on the same period in 2020. This overall figure includes all-time record sales in most regions, including Greater China, the Americas and Asia-Pacific, and in multiple countries across the globe.

  • Rolls-Royce Motor Cars reports record 2021 sales, up 49% on the same period in 2020
  • Highest sales in the marque’s 117-year history
  • All-time records set in most sales regions, including Greater China, the Americas and Asia-Pacific, and in multiple countries across the world
  • High demand for all models, particularly Ghost and Cullinan
  • Rolls-Royce is undisputed leader in the +€250k segment
  • Orders extend into third quarter of 2022; Bespoke commissions also at record levels
  • Record intake for Apprenticeship Programme: 37 apprentices join in September 2022


“2021 was a phenomenal year for Rolls-Royce Motor Cars. We delivered more cars than at any time in the marque’s 117-year history with unprecedented demand for all products in every global market. Our extremely strong product portfolio, an exceptional Bespoke offering, together with the first full year of availability of Ghost, the launch of Black Badge Ghost in October and the continuing record demand for Bespoke personalisation, has contributed meaningfully to our extremely strong performance. This is hugely encouraging as we prepare for the historic launch of Spectre, our first all-electric car. Building on this year’s success, we will continue to evolve as a true luxury brand, beyond the realms of automotive manufacturing.”
Torsten Müller-Ötvös, Chief Executive Officer, Rolls-Royce Motor Cars

In 2021, Rolls-Royce Motor Cars delivered the highest-ever annual sales results in the marque’s 117-year history.

The company delivered 5,586 motor cars to clients around the world, up 49% on the same period in 2020. This overall figure includes all-time record sales in most regions, including Greater China, the Americas and Asia-Pacific, and in multiple countries across the globe.

All Rolls-Royce models performed extremely strongly. Growth has been driven principally by Ghost, with demand surging further, following the launch of Black Badge Ghost in October 2021. This, together with the continuing pre-eminence of Cullinan and the marque’s pinnacle product, Phantom, has ensured order books are full well into the third quarter of 2022. The company’s Provenance (pre-owned) programme also enjoyed exceptional sales results in 2021, achieving an all-time record.

Bespoke commissions remain at record levels, with magnificent individual examples including the spectacular Phantom Oribe co-created with Hermès, alongside the Phantom Tempus, and Black Badge Wraith and Black Badge Dawn Landspeed Collection cars. The company signalled its commitment to leading a new contemporary coachbuilding movement with Rolls‑Royce Coachbuild becoming a permanent fixture in its future portfolio, and with it the unveiling of its latest coachbuilt masterpiece, Boat Tail.

Rolls-Royce also announced its first all-electric car, Spectre, during 2021.  The extraordinary undertaking of bringing Spectre to market by the fourth quarter of 2023 has now begun, and the most punishing testing protocol ever conceived for a Rolls‑Royce is underway. This 2.5‑million-kilometre journey, which extends to all four corners of the world, will simulate more than 400 years of use for a Rolls‑Royce.

While preparations are made for the marque’s all-electric future, Rolls-Royce continues to meet the surge in demand for its current portfolio through a flexible manufacturing process and the dedication of the over 2,000 people who work at the Home of Rolls-Royce in Goodwood, West Sussex and around the world.  The Rolls-Royce factory at Goodwood is currently running at near-maximum capacity, on a two-shift pattern to fulfil orders from clients around the world.

Rolls-Royce will continue to invest in its manufacturing plant in readiness for electrification, and in future talent, with a record 37 new apprentices set to join the company in September 2022.

Reflecting on the results, CEO Torsten Müller-Ötvös said, “This has been a truly historic year for Rolls-Royce Motor Cars. In the past 12 months, we have recorded our highest-ever annual sales, launched the latest addition to our Black Badge family, stunned the world with our coachbuilding capabilities and made huge strides into our all-electric future.

“As always, it has been made possible by the dedication and commitment of the extraordinary people at the Home of Rolls-Royce, our international team and our global dealer network. I wish to extend my thanks and congratulations to each and every one of them: it is my privilege and pleasure to work alongside them every day.”

CO2 EMISSIONS & CONSUMPTION.

Phantom: NEDCcorr (combined) CO2 emission: 329-328 g/km; Fuel consumption: 19.5-19.6 mpg / 14.5-14.4 l/100km. WLTP (combined) CO2 emission: 356-341 g/km; Fuel consumption: 18.0-18.8 mpg / 15.7-15.0 l/100km.

Phantom Extended: NEDCcorr (combined) CO2 emission: 329-328 g/km; Fuel consumption: 19.5-19.6 mpg / 14.5-14.4 l/100km. WLTP (combined) CO2 emission: 356-341 g/km; Fuel consumption: 18.0-18.8 mpg / 15.7-15.0 l/100km.

Ghost: NEDC (combined): CO2 emission: 343 g/km; Fuel consumption: 18.8 mpg / 15.0 l/100km. WLTP (combined): CO2 emission: 347-359 g/km; Fuel consumption: 17.88 – 18.58 mpg / 15.2-15.8 l/100km.

Black Badge Ghost: NEDCcorr (combined) CO2 emission: 359 g/km; Fuel consumption: 15.8 mpg / 18.0 l/100km. WLTP (combined) CO2 emission: 359 g/km; Fuel consumption: 17.9 mpg / 15.8 l/100km.

Black Badge Wraith: NEDCcorr (combined) CO2 emission: 367 g/km; Fuel consumption: 17.5 mpg / 16.1 l/100km. WLTP (combined) CO2 emission: 370-365 g/km; Fuel consumption: 17.2-17.4 mpg / 16.4-16.2 l/100km.

Black Badge Dawn: NEDCcorr (combined) CO2 emission: 371 g/km; Fuel consumption: 17.3 mpg / 16.3 l/100km. WLTP (combined) CO2 emission: 382-380 g/km; Fuel consumption: 16.7-16.9 mpg / 16.9-16.8 l/100km.

Cullinan: NEDCcorr (combined) CO2 emission: 341 g/km; Fuel consumption: 18.8 mpg / 15.0 l/100km. WLTP (combined) CO2 emission: 377-355 g/km; Fuel consumption: 17.0-18.1 mpg / 16.6-15.6 l/100km.

OPPO Launches Its First Foldable Flagship Smartphone, the OPPO Find N, at INNO DAY 2021

OPPO Launches Its First Foldable Flagship Smartphone, the OPPO Find N, at INNO DAY 2021

SHENZHEN, December 2021: OPPO, the global smart technology company, today launched its first foldable flagship smartphone, the OPPO Find N, on the second day of its annual OPPO INNO DAY showcase. A result of four years of research and development and six generations of prototypes, the OPPO Find N brings a new approach to the foldable form factor and offers a refreshed user experience both for people who have used foldable devices in the past, as well as users who are new to the foldable form factor.

Pete Lau, Chief Product Officer of OPPO, said, “New form factors are ushering in an exciting new time in smartphone technology. OPPO has invested a significant amount of time and effort into coming up with a better approach to a foldable smartphone, experimenting with a range of form factors, hinge designs, display materials and aspect ratios, to create a new device that meets the needs of more users. With the OPPO Find N, we aim to change people’s perceptions about what a smartphone can offer and begin making foldable devices more accessible to an even larger audience.”

From Novelty to Necessity

The OPPO Find N brings together cutting-edge technology and unprecedented quality to create an improved foldable experience, offering a fully functioning compact smartphone when folded and an intuitive and immersive landscape display when unfolded.

Landscape Ratio

For the first time in a foldable smartphone, the OPPO Find N uses a landscape ratio for the inner display, striking a better balance for users to seamlessly switch between an immersive 7.1-inch inner display and a 5.49-inch outer display that offers a full smartphone experience with no compromise on size or usability. With an 8.4:9 aspect ratio, the inner display unfolds directly into landscape mode so users can watch videos, play games or read books without the extra step of rotating the device. When folded, the 18:9 aspect ratio gives users a full, familiar smartphone experience with a display that is easy to use with one hand.

Flexion Hinge

The Flexion Hinge on the OPPO Find N brings together 136 components with extreme precision of up to 0.01 mm, ensuring the hinge works as smoothly as the joints in the human body. OPPO’s unique water-drop hinge design solves some of the biggest pain points in foldable devices by widening the angle of the fold in the display and offering a buffer when the display folds, resulting in a minimal crease that is up to 80% less noticeable compared with other devices, according to TUV. This design also practically eliminates the gap between displays when folded, offering a more integrated look and better protecting the inner display from scratches.

FlexForm Mode

The cam and spring structure inside the advanced Flexion Hinge allows the device to freely stand when unfolded at any angle between 50-120 degrees. Together with a range of software features that take advantage of the folding display, FlexForm Mode on the OPPO Find N gives users the flexibility to adapt the device to a wide range of usage scenarios.

OPPO customized the user interface to operate better and more efficiently in compatible apps like the Music, Notes and Camera apps. For example, in the Notes app, the OPPO Find N can convert into a mini laptop allowing you to take notes without needing to hold the device. Since the Find N can freely stand at various angles, the device also serves as its own tripod, making 4K HD time-lapse imaging, video calls and online meetings easy and hands-free.

Serene Display

OPPO’s custom 12-layer Serene Display offers excellent protection and durability and works with the Flexion Hinge for a smooth foldable experience. The display includes a 0.03 mm layer of Flexion UTG (ultra-thin glass), compared to 0.6 mm for regular smartphone glass, allowing it to easily bend while providing strong durability. The Serene Display is also very reliable, with the ability to be folded over 200,000 times while still maintaining an overall smooth folding experience with next to no crease, as verified by TUV.
The inner screen uses an LTPO display with smart dynamic refresh rate technology that adapts the refresh rate anywhere between 1-120 Hz based on the content you are watching. The inner display also features support for a touch sampling rate of up to 1,000 Hz.

OPPO has fine-tuned both the brightness and color calibration between the inner and outer displays to ensure a consistently smooth experience for users. Both screens provide 10,240 automatic brightness levels, ensuring user comfort in all kinds of complex lighting environments, with a peak brightness of up to 1,000 nits.

Software Innovation

A great software experience on a foldable device makes the most of the new form factor and gives users a fresh smartphone experience. The 7.1-inch inner display of the Find N offers a 60% larger visual area than a standard 6.5-inch display, creating a more immersive experience and more possibilities for software innovations in usage scenarios like multitasking and productivity.

To make full use of the larger tablet-like experience when unfolded, the OPPO Find N includes new gestures to make side-by-side multitasking more intuitive. When using a compatible app, simply use two fingers to swipe down in the middle of the device to split the screen in half, or turn a full-screen window into a floating window by pinching it with four fingers. The OPPO Find N also supports traditional split-screen gestures, such as long pressing and dragging compatible icons, while allowing you to save commonly used multi-app split-screen combinations to the home screen.

The software of the OPPO Find N is optimized to allow users to smoothly and naturally switch between the two screens. When unfolding the phone, the content is seamlessly relayed from the outer screen to the main inner display. And when folding the device, the user can swipe up on the cover screen to continue using the same function on the outer screen. In addition, a range of keyboard customizations for the large inner display, including a split keyboard that makes it easier to use two thumbs to type, help to maximize productivity.

Camera

The OPPO Find N is equipped with a flagship-level triple-camera setup for high-quality photos and videos. It includes a 50 MP Sony IMX 766 main sensor, a 16 MP ultra-wide lens and a 13 MP telephoto lens, as well as selfie cameras on both the inner and outer displays. Combined with the new form factor and the adaptability of FlexForm Mode, the OPPO Find N gives users a refreshed camera experience with customized software to fully leverage the foldable form factor.

The Flexion Hinge of the OPPO Find N allows the device to serve as its own tripod, making it a compact and burdenless gadget for advanced imaging scenarios. For example, FlexForm Mode makes 4K HD time-lapse imaging easy and hands-free at any angle between 50-120 degrees, while three templates within time-lapse mode – light trails, night sky, sun & clouds – optimize photo and video settings in one click for more exciting and creative astrophotography. When the device is bent at an angle below 60 degrees, the screen automatically moves the image preview to the bottom display to make it easier to set up your shot.

A new split-camera user interface on the OPPO Find N gives you the ability to use the large, immersive inner display to efficiently take photos on one side and then view, share or delete your most recent photo on the other side. When taking photos from the main camera with the display unfolded, you can use both the inner and outer displays for both you and your subject to preview the shot simultaneously.

The more powerful rear camera can be used to take even higher-quality selfies, using the cover screen to preview the image. Selfies can also be taken using hand gestures, so you can easily stay in the frame without having to press the shutter button.

Ergonomic Design

For the first time on a foldable phone, the OPPO Find N uses a 3D-curved design on both outer edges of the device to improve the hand feel and maintain a sleek look. The back cover and rear camera module continue the fluid curve design language of the Find X3. Streamlined curves visually lower the height of the camera module, while the Gorilla Glass Victus back panel and ceramic camera plate blend an elegant touch with a tasteful finish.

The OPPO Find N comes in three distinctive colors. The Black variant combines glittery matte glass and new film lamination techniques to achieve a subtle and premium shimmering effect on the base layer. The White option is inspired by a white ceramic glaze, with glossy glass and a refined texture that matches the ceramic camera plate to create a consistent feel. The Purple version is reminiscent of a bottle of luxury perfume, using multiple layers of customized films to create illusions of light and shadow with a transparent texture.

Performance

The OPPO Find N comes with the Qualcomm® Snapdragon™ 888 Mobile Platform, together with up to 12 GB of LPDDR5 RAM and 512 GB of UFS 3.1 storage. A large 4,500 mAh battery offers all-day battery life, while 33W SUPERVOOC Flash Charge is optimized to charge to 55% in 30 minutes and to 100% in 70 minutes. It also comes with 15W AIRVOOC wireless charging (compatible with standard Qi) and 10W reverse wireless charging. The OPPO Find N includes a side-mounted fingerprint scanner that is housed in the power button, as well as a dual speaker system and Dolby Atmos support to deliver more lifelike sound.

Availability

The OPPO Find N is available in China from December 23, 2021, with a starting price of RMB 7,699.

10 Luxury Restaurants You Need To Visit in Singapore

Not only monuments and places constitute the heritage of a country. Getting to know a culture up close is interacting with people from that place to understand the cities and their history. For this, we have gathered 10 luxury restaurants you need to visit in Singapore to enjoy a truly luxurious stay.

Les Amis

Les Amis - 10 Luxury Restaurants You Need To Visit in Singapore
Source: Les Amis

Les Amis was founded in 1994 by a few friends who share a love and appreciation for French culture and luxury cuisine. Visiting this place is like travelling without leaving Singapore.

Find this luxury restaurant here: 1 Scotts Rd, #01 – 16 Shaw Centre, Singapore 228208

Iggy’s

Iggy's - 10 Luxury Restaurants You Need To Visit in Singapore
Source: Iggy’s

Based on an elegant and intimate gastronomic experience, Iggy’s is an exclusive luxury restaurant with only a few seats. Their menu is focused on offering seasonal and fresh products from Japan and around the world.

Find this luxury restaurant here: 581 Orchard Rd, Level 3 Hilton Hotel, Singapore 238883

Jaan By Kirk Westaway

Jaan - 10 Luxury Restaurants You Need To Visit in Singapore
Source: Jaan

JAAN by Kirk Westaway is located on the highest floor of the iconic Swissôtel The Stamford and offers the best British gastronomy in the heart of Singapore.

Find this luxury restaurant here: 2 Stamford Rd, Singapore 178882

CUT by Wolfgang Puck

Cut - 10 Luxury Restaurants You Need To Visit in Singapore
Source: CUT

CUT by Wolfgang Puck’s can be found at Marina Bay Sands Singapore and offers different gastronomy than the country is used to. The steak restaurant prioritises comfort and on the menu, you can find the finest meats, poultry, and seafood.

Find this luxury restaurant here: 2 Bayfront Ave, B1 – 71, Singapore 018972

Gunther’s, Singapore

Gunther's - 10 Luxury Restaurants You Need To Visit in Singapore
Source: Gunthers’s

Gunther’s introduces modern-chic sophistication to the fine dining scene of French cuisine and can receive more people but with an intimate atmosphere at the same time.

Find this luxury restaurant here: 36 Purvis St, #01-03, Singapore 188613


Chesterfield Armchair Boca do Lobo

Shinji by Kanesaka

Shinji - 10 Luxury Restaurants You Need To Visit in Singapore
Source: Shinji

Shinji by Kanesaka is an extension of one Michelin star Chef Shinji Kanesaka’s Edo-style sushi restaurant first set up in Tokyo’s exclusive Ginza district.

Find this luxury restaurant here: 76 Bras Basah Rd, Singapore 189558

Imperial Treasure Super Peking Duck

Imperial Treasure - 10 Luxury Restaurants You Need To Visit in Singapore
Source: Imperial Treasure Super Peking Duck

Imperial Treasure Super Peking Duck is well-known, as his name says, for roasting the Peking duck to perfection, with the special attention to preserving the traditions from Emperor’s imperial kitchen.

Find this luxury restaurant here: 290 Orchard Road, Singapore 238859

Zén – Singapore

Zen - 10 Luxury Restaurants You Need To Visit in Singapore
Source: Zén Singapore

Zén is the Singapore stablemate of the much-vaunted Stockholm restaurant Frantzén and this luxury place is considered one of the 50 best ones in the whole world.

Find this luxury restaurant here: 41 Bukit Pasoh Rd, Singapore 089855

Shoukouwa Restaurant

Shoukouwa - 10 Luxury Restaurants You Need To Visit in Singapore
Source: Shoukouwa

Shoukouwa Restaurant aims to preserve the sushi tradition and with this very exclusive restaurant puts its clients right in front of the chef’s preparation table which ads a more interactive and personalized experience.

Find this luxury restaurant here: 1 Fullerton Rd, 02-02A One Fullerton, Singapore 049213

Waku Ghin By Tetsuya Wakuda

Waku - 10 Luxury Restaurants You Need To Visit in Singapore
Source: Waku Ghin

Last but not least here’s Waku Ghin by Tetsuya Wakuda, with special attention to offer fresh ingredients to its clients, this luxury restaurant dining space presents a minimalist but luxury design that integrates natural materials.

Find this luxury restaurant here:  Level 2 Dining, L2-03 The Shoppes at, 2 Bayfront Ave, Marina Bay Sands, Singapore 018956

Stay with us to discover more about the best luxury restaurants!

BOCA DO LOBO CATALOGUE 2021

Bugatti Presents the Centodieci at Concorso d’Eleganza Villa d’Este 2021 and celebrates 30 years of the legendary Bugatti EB110

With its timeless beauty, Villa d’Este on the shores of Lake Como has provided a residency for the aristocracy, princesses, marquises, sultans and tsars for centuries. Considered one of the most breath-taking architectural works of the sixteenth century, every year, this elegant five-star resort welcomes automotive enthusiasts from all over the globe to the Concorso d’Eleganza Villa d’Este. Here, they can appreciate the spectacle of some of the finest automobiles and motorcycles, in both production and prototype form, ever created. This year, visitors could also enjoy Bugatti’s stunning Centodieci, which the French luxury brand was presenting in the ‘Concept Cars & Prototypes’ category over the previous weekend from Saturday 2nd to Sunday 3rd October 2021.

With its timeless beauty, Villa d’Este on the shores of Lake Como has provided a residency for the aristocracy, princesses, marquises, sultans and tsars for centuries. Considered one of the most breath-taking architectural works of the sixteenth century, every year, this elegant five-star resort welcomes automotive enthusiasts from all over the globe to the Concorso d’Eleganza Villa d’Este. Here, they can appreciate the spectacle of some of the finest automobiles and motorcycles, in both production and prototype form, ever created. This year, visitors could also enjoy Bugatti’s stunning Centodieci, which the French luxury brand was presenting in the ‘Concept Cars & Prototypes’ category over the previous weekend from Saturday 2nd to Sunday 3rd October 2021.

Bugatti unveiled the Centodieci – which translates as 110 in Italian – during Monterey Car Week in California at the Quail in 2019 to celebrate the company’s 110th anniversary. Inspired by the legendary Bugatti EB110 of 1991 and powered by the 8.0-liter W16 engine producing 1,600PS, just 10 Centodieci units will be hand-built at Bugatti’s Molsheim Atelier and be delivered to customers next year. All ten Centodieci models had already been accounted for by customers prior to the car’s unveiling.

A Concours d’Élégance for automobiles was first held at Villa d’Este back in 1929, and Bugatti has enjoyed a long and successful relationship with the event. Recent highlights have included the Bugatti La Voiture Noire taking the premiere prize in the ‘Concept Cars & Prototypes’ category the last time the event was held in 2019. Models from Bugatti’s illustrious past, such as the 1937 Type 57S four-seater sports tourer, the 1934 Type 59 Grand Prix car and the 1938 Type 57SC Atlantic, have all been awarded significant accolades in recent years.

This year also marks the 30th anniversary of the Bugatti EB110. The groundbreaking and first supercar of its time represents the mid-period of Bugatti’s history, when Bugatti Automobili S.p.A. was based in the famous ‘Blue Factory’ in Campogalliano in Italy under the stewardship of Romano Artioli. Introduced in 1991 to mark 110 years since the birth of Ettore Bugatti in 1881, the EB110 elevated the supercar genre to a new level. It featured a revolutionary engineering package that included a carbon fiber chassis and a 3.5-litre 12-cylinder engine with five valves per cylinder and quadruple turbochargers. The transmission was also incorporated within the engine block to create more space for cabin occupants. Exemplary grip, traction and safety were delivered by four-wheel-drive, another key D.N.A. strand that remains pivotal to today’s production Bugatti models.

The historic supercar model – a blue (originally silver painted in “Grigio Chiaro metallizzato”) EB110 SuperSport – presented at Villa d’Este in the class “The Next Generation: Hypercars of the 90s” was formerly owned by Romano Artioli. The Italian entrepreneur, who relaunched Bugatti as Bugatti Automobili S.p.A. in 1987, prior to the company’s closure in 1995, has fond memories of the development of this revolutionary supercar. “While we were at the premiere of the EB110 in Paris in 1991, the engineers back at Campogalliano were urging us to return swiftly to the Blue Factory, as they were eager to begin work on the EB110 Supersport version. Everyone was focused on reducing weight and boosting power, while keeping in mind that I was ferocious that the safety characteristics of the car be upheld.”

The final result was a quite remarkable weight reduction of nearly 150kg from the original configuration, and an increase in performance from 560PS to 612PS, with the engine developed entirely in-house at Campogalliano. Immediately after the EB110 SuperSport was presented to the world’s press at Salon de l’Automobile in Geneva, the team took the car to the Nardò circuit in the South of Italy, to carry out the homologation tests.

“After a warm-up lap we set the world record with a speed of 351 km/h and an acceleration of 3.2 seconds from 0 to 100 km,” recalls Artioli proudly. And it didn’t stop there. The car also set a speed record on snow and ice at 296km/h, while a Bugatti EB110 GT powered by natural gas achieved at top speed of 344.7 km/h.

“I left my heart in my Supersport. No other car gives the same sensation of power, control and safety in every road condition as the EB110 – and with such beautiful style. I could not be more proud for “her” to be at the Concours d’Elegance in Villa D’Este.

“The Centodieci Concorso d’Eleganza at Villa d’Este is one of the jewels in the crown of the automotive season,” explains Bugatti Automobiles S.A.S. President Stephan Winkelmann. “After the event was lost to the pandemic in 2020, it is even more special for Bugatti to return to the wonderful location of Villa d’Este and present our Centodieci to customers and friends of the brand from all around the globe. And of course, the event is even more exciting with the presence of the personal Bugatti EB110 Supersport “America” owned once by Romano Artioli himself. This seminal supercar represents the second period of Bugatti’s history, and gave our designers and engineers the inspiration for the Centodieci.”

The Bugatti Centodieci was presented as a static display within the Concorso d’Eleganza Villa d’Este ‘Concept Cars & Prototypes’ area on Saturday 2nd October and again on Sunday 3rd October, the car also participated in the dynamic presentation parade.

 

 

On Tuesday September 28th, 2021 actresses Léa Seydoux and Ana de Armas attended the world premiere of No Time To Die wearing jewelry by Chopard

Léa selected to wear a pair of “Nuage”  earrings featuring brilliant-cut diamonds (totalling 3.77cts) Lea also selected an exquisite butterfly ring featuring pear shaped diamonds (totaling 14.5cts) in 18-carat white gold from The Haute Joaillerie collection and Precious Lace collections.

Ana selected to wear a pair of earrings featuring brilliant pear cut diamonds (totaling 26.78cts) a ring featuring a marquise brilliant cut diamond (totaling 9ct) with further brilliant cut diamonds set in 18-carat white gold, another ring featuring emerald cut diamonds (7.45ct) set in FairMined white gold, a pair of round brilliant solitaire earrings and lastly a ring featuring diamonds in 18-carat white gold.

 

 

 

 

 

BRAND FINANCE GIFT™ 2021

Microsoft Overtakes Apple to Become World’s Most Intangible Company

  • With an intangible asset value of nearly $2 trillion, Microsoft becomes world’s most intangible company, overtaking Apple, Saudi Aramco, and Amazon, as Microsoft Teams keeps global economy running through COVID-19 lockdowns.
  • Corporates booming – global intangible value has grown by nearly a quarter over past two years of pandemic, from $61 trillion in 2019 to $74 trillion in 2021
  • Over past 25 years, intangibles have seen astronomical growth – increasing 1145% from estimated $6 trillion in 1996. At this historic rate of change, global intangibles could be worth $1 quadrillion by 2050.
  • Brand Finance and International Valuation Standards Council call for more comprehensive reporting of intangible asset value to facilitate investor understanding and economic recovery post-COVID

Every year, the Brand Finance Global Intangible Finance Tracker (GIFT™) report ranks the world’s largest companies by intangible asset value.

This year’s number one company in terms of total estimated intangible value is Microsoft (US$1.90 trillion), which has jumped from 4th position in 2020 to overtake Apple (US$1.87 trillion), Saudi Aramco (US$1.64 trillion), and Amazon (US$1.47 trillion). Microsoft Teams has become embedded into business life for global organisations, once again proving the value of Microsoft’s ability to innovate and roll-out at scale. Microsoft is investing heavily in its business suite solutions. Although Apple is the more valuable company by approximately $200 billion, Microsoft is estimated to have more intangible value with its portfolio of brands and business operations.

Intangible assets are identifiable, non-monetary assets without physical substance. Intangible assets can be grouped into three broad categories – rights (including leases, agreements, contracts), relationships (including a trained workforce), and intellectual property (including brands, patents, copyrights).

Intangible assets boom during COVID-19 pandemic

Over the past year in particular, global intangible asset value has grown faster than usual, and at $74 trillion it exceeds pre-pandemic levels by nearly a quarter, having increased 23% compared to $61 trillion in 2019. The COVID-19 pandemic has demonstrated even further the importance of people, innovation, reputation, and brand for businesses all around the world. Intangible assets are now unequivocally a boardroom priority.

Increases through the pandemic were primarily fuelled by the growth of the world’s largest organisations which were resilient to investor uncertainty due to their scale and their focus on technologies which we continued to rely on through lockdowns. This year, growth has been driven by China and the USA, with several industries recovering from the downturn in 2020.

In times of crisis, brands – especially those most valuable and strongest in their categories and markets – become a safe haven for capital. Like gold or fine art during past economic downturns, nowadays well-managed, innovative, and reputable brands are what the global economy turns to in the hour of need. There can be no better evidence for why brands matter than the role they have already played and will continue to play in the post-COVID recovery.

David Haigh, Chairman & CEO, Brand Finance

Global intangible value grows by over 1000% in 25 years

25 years ago – when Brand Finance was established – global intangible assets were worth only an estimated $6 trillion, less than a tenth of the same value today. As of September 2021, global intangible assets are worth over $74 trillion. This is a 1145% growth over 25 years – approximately 11% per annum.

It is a pivotal moment in financial reporting for intangibles. Total estimated intangible value has grown by over 1000% in the past 25 years. At the same rate, total global intangible value could stand at over $1 quadrillion by 2050 (that is $1,000,000,000,000,000). As investors grapple with balancing various issues such as Climate Change and ESG over the coming years, it is essential that the data they need to understand these vast sums is readily available.

Annie Brown, Associate, Brand Finance

Internally generated intangibles should be recognised in financial reports

The majority of intangible assets are not recognised, due to the limitations set by the financial reporting rules, which state that internally generated intangible assets such as brands cannot be disclosed in a company balance sheet.

Investors should not be deprived of this critical information. Intangible assets such as strong, valuable brands and innovative technology can be the differentiators that drive a $2 billion company to $2 trillion in 25 years – as witnessed with Apple. This information vacuum for investors is part of the reason why Brand Finance endeavours to estimate the extent of “undisclosed intangible value” in our GIFT™ study each year.

David Haigh, Chairman & CEO, Brand Finance Plc

To truly aid investors and provide them with useful information, we believe management should be allowed and required to:

  1. Identify the key intangibles of the entire business – both internally generated and acquired.
  2. Provide an opinion on the value of those intangibles in the notes to the financial statements.
  3. Provide an opinion of the overall business value at the reporting date, to help investors to understand whether or not their capital is allocated efficiently.

Despite the importance of intangible assets to the capital markets, only a small percentage are recognised on balance sheets, typically via acquisition from a third-party transaction. The pandemic has further exacerbated the disparity between market values and book values for those industries most reliant on brands, technology, and human capital for value creation. The IVSC supports Brand Finance, and all others, that look to make progress on this most critical issue.

Kevin Prall, Technical Director, International Valuation Standards Council (IVSC)

Audi skysphere concept (2021)

Audi has unveiled the first member of a new family of concept vehicles, a spectacular roadster. Audi skysphere concept is the name of the electric-powered, two-door convertible whose lines lead directly to the Audi design of tomorrow. With it, the brand is illustrating its vision for the progressive luxury segment of the future, in which the interior becomes an interactive space and the vehicle a platform for captivating experiences. This is being made possible thanks to autonomous driving, a revolutionary redesign of the interior, and a seamless digital ecosystem.

D28 de Antonio Yachts CUPRA

Introducing the

We are proud to introduce you the D28 FORMENTOR, a unique piece of design and comfort that will delight nautical and automotive enthusiasts.

The perfect layout

The D28 FORMENTOR has the entire deck at the same level offering different sunbathing areas with seats and tables both fore and aft. The high level of space utilization provides an incomparable feeling of spaciousness.

Even with a maximum capacity of up to ten people, the D28 is the ideal day boat. Also, the boat features a 400 hp Mercury outboard engine, hidden under the stern sundeck, for very comfortable cruising at cruising speed.

A path for the future

Both companies are leaders in their respective industries, so this first collaboration is a commitment to the future that lays the foundations of a synergistic relationship in which the best talent of their creative teams is united. That is why 2021 will be full of novelties for the two Spanish brands, which are already working on hybrid versions of their products and new launches for 2022.

MORE: de Antonio Yachts

 

 

CHOPARD

Red Carpet Collection

A jewellery ‘Paradise’

It is a uniquely magical moment, the most glamorous event of the year. For the Cannes Festival, which Chopard has been officially partnering since 1998, the Maison’s workshops annually rise to a new pinnacle of creativity by reinventing the miracle of the Red Carpet Collection.

A stunning demonstration of jewellery-making prowess lighting up a lifelong passion for the cinema and paying tribute to the actresses who embody its radiant energy during the legendary ascent of the staircase. With the opening of the Cannes Festival on 6 July 2021, Chopard’s Co-President and Artistic Director, Caroline Scheufele, is unveiling all 74 creations composing this collection, themed around a fabulous haven of fantasy. Paradise expresses all the dreamy richness of which Caroline Scheufele is capable, flinging wide open the doors to the palaces of the imagination.

Theatre of dreams

Each piece of jewellery stems from an emotion, each culminating from an idea in a creation. Then comes the sketch, the mosaic of precious stones, colours like destinations, and a wild desire to share. For the opening of the Cannes Festival  (6 to 17 July) , Caroline Scheufele is unveiling the traditional Red Carpet Collection.. A creative universe whose texture and density unfold in the dazzling landscape of her imagination. Like a director, this keen film-lover orchestrates each of her collections around a real narrative, a master canvas within which her creations come to life and give substance to her vision.

Paradise, a haven of marvels

The Paradise-themed Red Carpet Collection 2021 takes us into a universe dear to the Maison: that of unspoilt, generous and sublime nature. A dreamlike and fertile place, permanently accessible to everyone, free to imagine its contours and to go there to recharge their batteries as they please. A ‘Paradise’ to be found within oneself, according to one’s imagination and desires. A realm of all possibilities.

When instilling a baroque, fanciful spirit into the Collection, Caroline Scheufele drew inspiration from the lush nature of the mythological or real places populating her fantasy repertoire. A bountiful Garden of Eden, where precious stones are picked like berries, where plants and an

imals offer their songs and spectacular colours; a secret landmark, like the island of Pantelleria, where the telluric depth of the volcanic rocks is reflected in the crystalline transparency of the waters where Caroline Scheufele loves to immerse her gaze; or a supernatural, vision of nature resembling that of the fantasy film Avatar, a metaphorical space in which to find refuge, to escape the hostility of reality and to find a new lease on life.

Among the countless references enlivening Caroline Scheufele’s majestic world, the Artistic Director has brilliantly enlisted a whole range of creative resources. She explained: “The Red Carpet Collection always gives me the opportunity to give free rein to my creativity and this year I was inspired by the idea of Paradise: I wanted our creations to invite women on a journey towards a comforting haven, an imaginary world brimming with dreams and optimism.” She continued: “There are various ways of envisaging one’s personal Paradise and I have tried to give life to these multiple worlds within the Red Carpet Collection through creations honouring fauna, flora and the finest gemstones, as well as by designing jewellery that is part of the fantasy of movies.”

“The Red Carpet Collection is a jewellery masterpiece made possible by the skill of all the artisans who pool their talents in our Haute Joaillerie ateliers. Each of these creations is a work of art in itself.

Chopard, sculptor of wonders

Among the Chopard Haute Joaillerie collections, Red Carpet is the one that embodies the ultimate dazzlement, nourished by Caroline Scheufele’s curious and lively view of the world. This collection also highlights the extraordinary work of the Artisans who exercise their skills in Chopard’s Haute Joaillerie’s Geneva workshops, the largest in Switzerland. From design to volume, from goldsmithing to gemsetting craftsmanship, these Artisans combine their talents in giving life to this collection of 74 creations corresponding to the number of years since the Cannes Festival first began.

Each year, the challenge of creating a collection of this magnitude in the same workshop is taken up by the Artisans, who apply their own genius and expertise to each creation. In this respect, the Red Carpet Collection symbolises the quintessence of classic jewellery-making expertise and carefully preserved tradition, nurtured by a fresh eye and a genuine avant-garde spirit. It is in this commitment of heart and mind, expressed through the nobility of hand craftsmanship, that the emotion of this new collection unfolds, impelled by the fertile spirit of fabulous odysseys.