Welcome to The Weekly Edit, your curated digest of the latest in the world of luxury. Each week, WLCC brings you a handpicked selection of industry news, insights, and stories influencing the future of high-end fashion, design, travel, real estate, and beyond. Consider this your insider’s guide to the latest in luxury.
UAE Real Estate Set to Hit $759 Billion: A Market Boom the World Can’t Ignore
The UAE real estate sector is on a transformative trajectory, projected to reach $759.04 billion by 2029, driven by Dubai and Abu Dhabi’s booming property markets. Shifts from renting to ownership, rising demand for luxury and family-friendly homes, and the dominance of off-plan projects are reshaping investor strategies. Government incentives, including the Golden Visa, coupled with robust infrastructure and tourism growth, are fueling confidence among international investors. Early access to prime developments and flexible payment plans are redefining entry points. Together, these trends signal a maturing market where innovation, strategic investment, and sustainable growth converge.
Via: Arabian Business & Pre Launch Properties
US Leadership Shakeup Signals L’Oréal’s Ambitious Growth Plans
L’Oréal is reshuffling its US leadership as Alexis Perakis-Valat is named CEO of its American business, succeeding David Greenberg, who will take on the newly created role of US chairman. Perakis-Valat, president of the consumer products division, has over 30 years at L’Oréal and grew the division’s sales from $14 billion to $19 billion, overseeing acquisitions like Korean skincare brand Dr. G. Greenberg. With 32 years at the company, helped make the US its top growth driver. Both appointments, effective Jan. 1, 2026, reflect the strategic significance of the US market for L’Oréal’s future expansion.
Via: BOF
The Algorithmic Atelier: Style in the AI Era
Fashion is entering a new era where algorithms become design collaborators. AI is breaking down barriers, allowing independent designers, students, and startups to generate, iterate, and refine concepts previously accessible only to elite fashion houses. Tools like text-to-image generators, HAIGEN (Human–AI Collaboration for GENeration) , and FedGAI (Federated Generative AI) enable creative exploration, collaboration, and privacy while supporting sustainable practices through digital prototyping. Beyond efficiency, AI fosters aesthetic diversity, cross-border inspiration, and redefined educational approaches. Challenges around authenticity, intellectual property, and equitable access remain, but ethical frameworks and industry dialogue aim to ensure AI enhances human ingenuity, making fashion more inclusive, innovative, and environmentally conscious.
Via: LLM
The Future of Sustainable Luxury Packaging Begins with Gemini
When luxury meets sustainability, innovation takes shape. Toly and Eastman have unveiled Gemini, a breakthrough compact crafted with Eastman’s Cristal™ One Renew IM812, redefining beauty packaging with elegance and responsibility. The resin delivers glass-like clarity, up to 100% certified recycled content through molecular recycling, and seamless compatibility with global PET recycling streams. Toly, the first to apply this material in compacts, reinforces its reputation for premium, sustainable solutions. As Olaf Zahra notes, Gemini balances high-end aesthetics with sustainability goals, while Eastman’s Tara Cary highlights its readiness for future regulations.
Via: Yahoo Finance
Image via Cartier
The Cartier Prize 2025: Calling Tomorrow’s Watchmaking Visionaries
Cartier opens submissions for the 28th Cartier Prize for Watchmaking Talents of Tomorrow, continuing its long-standing commitment to nurturing emerging horological talent. The theme, Changing the Balance: Reading and Understanding Time Differently, invites apprentices and students from Switzerland, France, Belgium, and Germany to reinterpret a pendulette (desk clock) movement with bold creativity and technical skill.
The 12 finalists receive up to 80 hours over three months to develop their prototypes under the mentorship of external experts. Final presentations take place at Cartier’s Maison des Métiers d’Art in La Chaux-de-Fonds, Switzerland, with the awards ceremony scheduled for spring 2026, celebrating innovation and the preservation of watchmaking heritage.
Via: Richemont Press Room & Cartier
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