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Edition 33: The Luxury Briefing

This week in luxury, one of the world’s largest superyachts takes shape, a British auction house sets a record, and Tag Heuer combines watchmaking with scientific discovery.
the valkyrie superyacht

Is this the world’s largest superyacht?

With a casino, beach club, helicopter landing pad among other luxury offerings, South Korean yacht designer Chulhun Park’s latest design is aiming to be one of the world’s largest yachts. The Valkyrie is estimated to exceed 228 metres, and will include 26 guest cabins with 92 crew members in 46 cabins.

Edition 33: The Luxury Briefing 1

Phillips record-breaking sales

In 2018, British auction house, Phillips brought in $916.5 million in sales, marking a record in the British auction house’s 220-year-long history. The top two lots that help set the record included Pablo Picasso’s 1932 La Dormeuse artwork, which sold for $57.8 million at an auction in London, and a Rolex Unicorn watch, which sold for $5.9 million.

Edition 33: The Luxury Briefing 2

Fendi Private Residences

This year residents of Scottsdale can expect a boutique collection of 41 bespoke Fendi Private Residences. Each home is said to average 325 square metres and will have private access to an impressive amenity offering.

“We’re not just putting up a sign and saying space for lease. This is not a shopping mall. This is an experience that is going to take advantage of all the senses,” said Jerry Ayoub, CEO of Five Star Development.

Edition 33: The Luxury Briefing 3

Tag Heuer combines watchmaking with scientific discovery

Tag Heuer has unveiled its newest innovation – a world premiere in watchmaking: a hairspring made of a carbon composite invented, patented and produced by the avant-garde Swiss watchmaker. The new hairspring regulates the Heuer 02T manufacture movement, which is fitted with a tourbillon mechanism and meets the official standards for classification as a chronometer.


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