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Image of Luxurynsight and Heuritech, two French AI & Data Leaders unite to unlock next-level data intelligence for Luxury, Fashion and Beauty Brands
Luxurynsight

Luxurynsight and Heuritech, two French AI & Data Leaders unite to unlock next-level data intelligence for Luxury, Fashion and Beauty Brands

As from November 2024, Heuritech has officially joined the Luxurynsight Group. This strategic operation marks a major step forward the group’s vision to become the global Data Intelligence SaaS leader for strategic decision-making in the Luxury, Fashion and Beauty industries. This union reinforces Luxurynsight's renowned expertise in market intelligence with Heuritech’s cutting-edge demand prediction technologies creating a powerful, all-encompassing solution for professionals across the industry to make more informed, data-driven decisions. Luxurynsight built its reputation as the trusted data partner for prestigious Groups and Maisons such as LVMH, Kering, Richemont, L’Oréal, Dior, Bulgari, Balenciaga etc. Heuritech bridges the gap between AI and business by empowering brands such as Nike, Prada or Decathlon to forecast demand and trends based on 3 million social media images analyzed per day. “The addition of Heuritech AI-powered product recognition and trend forecasting strengthens our ability to provide a full 360-degree view of market dynamics and consumer behaviors, enhancing our clients' competitive edge" said Jonathan Siboni, CEO of Luxurynsight. Elaia and Serena investment funds are happy and proud to join Luxurynsight's shareholder base alongside historic strategic shareholders such as Christian Blanckaert (ex EVP of Hermès), Stanislas de Quercize (ex CEO of Cartier), Isabelle Gex (ex President of Shiseido Fragrance), Pierre Denis (ex CEO of Jimmy Choo), Boris Collardi (ex Managing Partner of Pictet, ex CEO of Julius Baer), Sandrine Zerbib (ex President of Adidas China), etc. Luxurynsight and Heuritech are very excited about the future and dedicated to continue delivering actionable insights that clients increasingly need to stay ahead of market dynamics. About Luxurynsight - Luxurynsight provides a suite of AI-powered SaaS platforms to over 50 luxury, fashion and beauty Groups, Maisons and retailers. It supports them in unparalleled data-driven analytics to optimize decision making in Competitive Intelligence and Marketing (LY News, LY Watch), Pricing (LY Price), Retail (LY Retail) or Investment. About Heuritech - Heuritech developed a world leading AI-based visual recognition technology and forecasting model for fashion brands. First recipient of the VivaTech LVMH Innovation Award, its SaaS platform brings the largest, most scalable dataset and most accurate forecast model for brands to quantify and predict what people wear by market and typology (products, colors, etc.). For more information, please visit our dedicated page: https://heuritechjoins.luxurynsight.com/ Or contact via press@luxurynsight.com | celine.cattoen@wellcom.fr

Luxurynsight and Heuritech, two French AI & Data Leaders unite to unlock next-level data intelligence for Luxury, Fashion and Beauty Brands Read More Luxurynsight and Heuritech, two French AI & Data Leaders unite to unlock next-level data intelligence for Luxury, Fashion and Beauty Brands
Luxurynsight and Heuritech, two French AI & Data Leaders unite to unlock next-level data intelligence for Luxury, Fashion and Beauty Brands
Image of Luxurynsight Named Finalist at the Franco-Chinese Innovation Award in Shanghai
Press & Events

Luxurynsight Named Finalist at the Franco-Chinese Innovation Award in Shanghai

We’re thrilled to announce that Luxurynsight is a finalist for the Franco-Chinese Innovation Award at CIIE in Shanghai! This recognition celebrates our innovative partnership with D1M, delivering a unified SaaS platform that empowers luxury brands with real-time insights and data across China. This year, marking the 10th anniversary of the award and 60 years of Franco-Chinese relations, we’re honored to stand alongside top French companies like Veolia, L’Oréal, and Orange. Thank you to our dedicated teams, D1M, and the Comité France Chine for their support. Here's to more innovation!

Luxurynsight Named Finalist at the Franco-Chinese Innovation Award in Shanghai Read More Luxurynsight Named Finalist at the Franco-Chinese Innovation Award in Shanghai
Luxurynsight Named Finalist at the Franco-Chinese Innovation Award in Shanghai
Image of Luxurynsight CEO Jonathan Siboni Hosts Opening at Comité Colbert’s 70th Anniversary Celebration in Shanghai
Press & Events

Luxurynsight CEO Jonathan Siboni Hosts Opening at Comité Colbert’s 70th Anniversary Celebration in Shanghai

On November 4th, Jonathan Siboni, CEO of Luxurynsight, had the honor of hosting the opening ceremony for Comité Colbert’s 70th-anniversary celebration at the "Sino-French Craftsmanship Garden Party" exhibition in Shanghai. This special event, held at the historic Zhang Yuan in Jing'an, commemorates not only the 70th year of Comité Colbert but also the 60th anniversary of diplomatic relations between France and China. The "Jeux de Mains" (Craftsmanship Playground) exhibition brings together master artisans from both countries, creating an inspiring dialogue between French luxury craftsmanship and Chinese artisanal traditions. The opening welcomed dignitaries like Laurent Boillot, Comité Colbert President; Sophie Primas, Ministerial Representative for Foreign Trade; Bertrand Lortholary, French Ambassador to China; and former French Prime Minister Jean-Pierre Raffarin. They were joined by government officials, brand representatives, and many others who celebrated this remarkable occasion with a ceremonial ribbon-cutting. As a trusted partner, Luxurynsight extends warm wishes for the event’s success and for future collaborations that continue to bridge the worlds of French and Chinese craftsmanship.

Luxurynsight CEO Jonathan Siboni Hosts Opening at Comité Colbert’s 70th Anniversary Celebration in Shanghai Read More Luxurynsight CEO Jonathan Siboni Hosts Opening at Comité Colbert’s 70th Anniversary Celebration in Shanghai
Luxurynsight CEO Jonathan Siboni Hosts Opening at Comité Colbert’s 70th Anniversary Celebration in Shanghai
Image of LVMH’s Expansion into Sports and Experiences
Press & Events

LVMH’s Expansion into Sports and Experiences

LVMH’s recent push into Formula 1 and football signals a transformative shift, with the luxury giant focusing on creating immersive, emotional experiences. This marks a new phase for the brand as it moves beyond traditional luxury products into the realm of entertainment and sports. Jonathan Siboni, CEO of Luxurynsight, points to the visionary nature of this move: "They're (LVMH) anticipating where the focus of the world is going. And you can't do that just as a sponsor with a logo, you want to be a part of the game to really win the game." As LVMH anticipates the future of luxury, its focus on experiential marketing will continue to boost growth and position the brand as a leader in the evolving luxury landscape. Read the full article on The Telegraph. A special thanks to journalist Henry Samuel for the feature!

LVMH’s Expansion into Sports and Experiences Read More LVMH’s Expansion into Sports and Experiences
LVMH’s Expansion into Sports and Experiences
Image of Luxurynsight's Grow China Breakfast: Key Insights for European Brands Venturing into China
Press & Events

Luxurynsight's Grow China Breakfast: Key Insights for European Brands Venturing into China

On October 8th, Luxurynsight, in partnership with KungFuData and Douyin E-commerce Global, hosted an exclusive "Grow China Breakfast" at the Hôtel des Arts et Métiers in Paris. This invite-only event brought together leaders of European brands looking to explore the vast opportunities within the Chinese market. Featuring insights from Josh Gardner, CEO of Kung Fu Data, and Demi Shi, Head of Partnerships at Douyin E-commerce Global, the event packed three dynamic sessions focused on: Navigating China's Market Post-2025 Intelligence for innovative execution Best brand practices Key Takeaways: The luxury landscape in China is shifting post-COVID, with consumers seeking more uniqueness and personalization. There is a growing trend of niche brands entering China, providing greater opportunities for smaller brands and independent designers. Despite market challenges, China is experiencing a rebirth. "Go now—thrive later" captures the sentiment of seizing opportunities during this transformative period. Body positivity is gaining momentum, but the "skinny aesthetic" still holds sway, shaping consumer preferences. Align your brand’s singularity with rising trends in China to resonate with the evolving consumer mindset. Use content as a key communication tool with Chinese consumers, delivering a statement of identity that mirrors their desired lifestyle. The event concluded with a productive networking breakfast session, fostering connections among attendees. A big thank you to all who participated in this insightful morning! Stay tuned for more opportunities to explore China’s luxury market.

Luxurynsight's Grow China Breakfast: Key Insights for European Brands Venturing into China Read More Luxurynsight's Grow China Breakfast: Key Insights for European Brands Venturing into China
Luxurynsight's Grow China Breakfast: Key Insights for European Brands Venturing into China
Image of Webinar: Journal du Luxe x Luxurynsight
Webinars

Webinar: Journal du Luxe x Luxurynsight

Key Takeaways from Our CEO, Jonathan Siboni, at the Journal du Luxe Webinar: Contrary to global reports, China’s luxury sales remain robust, staying close to the record levels seen in 2021. Emerging Market Trends: > Cashback Initiatives in Malls: To lure luxury shoppers, some malls are offering cashback rewards on high-end purchases. For example, a mall in Wuhan gives 10-15% cashback on loyalty cards for Louis Vuitton buys, generating significant customer interest and boosting foot traffic. > Cross-Border Shopping Apps: Platforms like Dewu (the new-gen Daigo) are empowering Chinese consumers to shop luxury brands abroad. According to Bloomberg, Dewu drove 14% of Louis Vuitton’s sales in China, with $300 million spent in the first half of this year alone. While these sales are recorded in other regions, the primary buyers remain Chinese. > Resurgence of International Travel: Chinese travelers are once again venturing abroad, with Japan becoming a favorite luxury destination thanks to a weakened yen. These trends showcase the evolving luxury landscape in China post-COVID. A big thank you to Eric Briones for hosting us! Watch the replay below! Disclaimer: the webinar is available in French language only.

Webinar: Journal du Luxe x Luxurynsight Read More Webinar: Journal du Luxe x Luxurynsight
Webinar: Journal du Luxe x Luxurynsight
Image of Ba&Sh’s Path to B Corp Certification and International Growth - Insights with Pierre-Arnaud Grenade
Podcasts

Ba&Sh’s Path to B Corp Certification and International Growth - Insights with Pierre-Arnaud Grenade

In the latest Luxurynsight x Fashion Network podcast, Pierre-Arnaud Grenade, the Global CEO of Ba&Sh, sits down with Olivier Guyot, editor-in-chief of Fashion Network, to discuss the brand’s remarkable journey towards sustainability, marked by its B Corp certification, and its strategies for international expansion.

Ba&Sh’s Path to B Corp Certification and International Growth - Insights with Pierre-Arnaud Grenade Read More Ba&Sh’s Path to B Corp Certification and International Growth - Insights with Pierre-Arnaud Grenade
Ba&Sh’s Path to B Corp Certification and International Growth - Insights with Pierre-Arnaud Grenade
Image of Is luxury fashion in its flop era?
Press & Events

Is luxury fashion in its flop era?

Chinese consumers are increasingly turning to Japan for luxury goods due to substantial savings on items such as Chanel, Louis Vuitton, Miu Miu, and Van Cleef & Arpels. Through tax refunds and favorable currency exchange rates, shoppers can save up to 25%, making Japan an attractive destination for luxury purchases compared to Mainland China. Specific examples include a Chanel Classic Flap costing 10,640 renminbi ($1,472) less in Japan, and a Van Cleef & Arpels Alhambra bracelet being 10,303 renminbi ($1,426) cheaper. Thank you, Edward Helmore and The Guardian for featuring Luxurynsight's CEO in the article!

Is luxury fashion in its flop era? Read More Is luxury fashion in its flop era?
Is luxury fashion in its flop era?
Image of Inside Ladurée: Paris Olympics 2024 and Global Expansion Strategies - Insights with Mélanie Carron
Podcasts

Inside Ladurée: Paris Olympics 2024 and Global Expansion Strategies - Insights with Mélanie Carron

In the latest Luxurynsight x Fashion Network podcast, Mélanie Carron, the Managing Director of Ladurée, sits down with Olivier Guyot, the editor-in-chief of Fashion Network, to discuss the iconic patisserie maison’s strategies for showcasing their expertise at the Paris Olympics 2024 and expanding their global footprint.

Inside Ladurée: Paris Olympics 2024 and Global Expansion Strategies - Insights with Mélanie Carron Read More Inside Ladurée: Paris Olympics 2024 and Global Expansion Strategies - Insights with Mélanie Carron
Inside Ladurée: Paris Olympics 2024 and Global Expansion Strategies - Insights with Mélanie Carron
Image of Chinese Consumers Propel Luxury Sales in Japan Despite Macro Concerns
Press & Events

Chinese Consumers Propel Luxury Sales in Japan Despite Macro Concerns

Chinese consumers are increasingly gravitating towards Japan for exceptional bargains on luxury goods. According to Luxurynsight, Chinese shoppers can save up to 25% through tax refunds when buying in Japan. For example, a Chanel Classic Flap is 10,640 renminbi, or $1,472, cheaper in Japan compared to the Mainland market; a Louis Vuitton carryall is around 4,900 renminbi, or $678, cheaper; the Miu Miu Aventura handbag, similar to The Row Margaux, can be bought at 9,204 renminbi, or $1,273, less, and a Van Cleef & Arpels Alhambra bracelet is 10,303 renminbi, or $1,426, less.

Chinese Consumers Propel Luxury Sales in Japan Despite Macro Concerns Read More Chinese Consumers Propel Luxury Sales in Japan Despite Macro Concerns
Chinese Consumers Propel Luxury Sales in Japan Despite Macro Concerns

Luxurynsight group is proud and honored to welcome Heuritech, French pioneer in AI and first recipient of the VivaTech LVMH Innovation Award.

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