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The Brief
Short news from across the luxury industry, each item linked to the original reporting.
- Rolex raises gold prices againReuters via MarketScreener
Gold models rose by about 5% on average in June — a rare second increase in one year, as the metal hovered near $4,200 an ounce.
- Estée Lauder lifts its outlookCPP-Luxury
First-quarter sales rose 7% to $3.72 billion, and the group raised its annual forecasts on demand for premium skincare and fragrance.
- The top ten lose valueMerca2.0 on Kantar BrandZ
Kantar BrandZ puts the combined value of the ten most valuable luxury brands at $321.2 billion in 2026, down 8% on the year.
- Mandarin Oriental heads to CortinaRus Tourism News
Mandarin Oriental Cristallo is planned for 2027 — the group’s first Alpine resort.
- Georgia joins The Leading Hotels of the WorldLuxury Travel Magazine
The Telegraph Hotel in Tbilisi, a former Soviet post office redesigned by Neri&Hu, is the country’s first member.
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