Week 29 in Luxury: Armani’s legacy, bond market jitters, Monaco’s garden return, and OPEC+ output boost

Welcome to the Week 29 edition of "This Week in Luxury," where we’ll bring you the latest developments in the world of luxury!

1.Giorgio Armani, one of the makers of modern fashion, is dead

Giorgio Armani, who transformed the tailored suit into a status symbol and led his fashion empire for over 40 years, died Thursday, September 4, at 91.

Read the full article here | LE MONDE

2.Global bond markets stabilise, for now, as fiscal storm looms


Global bond markets steady, but Japan’s record-high yields spark fresh fiscal fears.

Read the full article here | Reuters

3. Exotic Garden to Open this Autumn after Years of Renovations… and other Monaco news

The Exotic Garden of Monaco has announced that it is “closed for renovation work and to make the site safer. It will open at the end of Summer 2025”... Learn more about it and other recent Monaco news.

Read the full article here | HELLO MONACO

4. OPEC+ agrees further oil output boost from October to regain market share


OPEC+ surprised markets by agreeing to raise oil output again from October, Saudi Arabia aims to regain market share despite weakening global demand and looming winter glut.

Read the full article here | REUTERS

That concludes this week's edition of "This Week in Luxury." Stay tuned for more updates on the world of luxury in the weeks to come!

Check the past editions of “This Week in Luxury” here.


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Week 28 in Luxury: French elections jolt markets, Miley shines at Margiela, investors turn to safe assets, and Beckham brand surpasses £100M.