Intelligence Briefs and Reports read the corporate narrative of luxury: earnings, governance, succession and pricing, and how the market and the financial press receive them, with image and desire before the numbers.
When a Street Stops Getting More Expensive, Watch Who Buys It
Via Montenapoleone stopped getting more expensive. It also became the most contested piece of ground in the industry. Only the second one matters.
Chanel and Charvet: The Address Was the Asset
The most valuable thing Chanel acquired is not a shirtmaker. It is an address on Place Vendôme.