News
Monaco’s SBM eyes global luxury empire following LVMH playbook
Monte-Carlo Société des Bains de Mer is charting an ambitious international expansion that could significantly boost revenues for both the company and the Principality. CEO Stéphane Valeri outlined the strategy during his New Year address to the press on Wednesday 7th January, detailing plans to export Monaco’s luxury hospitality model to destinations frequented by Ultra High Net Worth Individuals. The expansion strategy draws direct inspiration from Bernard Arnault’s LVMH, where the luxury conglomerate chairman sits as an administrator on SBM’s board. However, the Princely Government remains SBM’s major shareholder, positioning…
Read moreWho are the Principality’s new ambassadors?
Monaco welcomed four new Ambassadors to town on Tuesday from El Salvador, Cyprus, Mexico and Vietnam.
Monaco E-Kart Championship postponed to 2023
Just four months before the Monaco E-Kart Championship (MEKC) was due to tour France, Monaco and Italy, the inaugural 100% electric event has now been put back to 2023.
Venturi to honour Prince Albert I with Norwegian trek
As part of Prince Albert I commemorations, Venturi President Gildo Pastor has tasked one member of his team with a mission to ski across a Norwegian island mapped by the Prince between 1898 and 1907.
The great chemical detox: EU to ban widely used chemicals
Up to 74% of consumer and professional products, from food packaging to IV drips, contain toxic chemicals that are leaking into our bodies. This is why a new EU ban on notorious chemicals is so...
Be Safe Monaco gifted new car from local designer
A local association leading the fight against drink driving co-founded by Camille Gottlieb, Be Safe Monaco, has an angel in designer Elena Sivoldaeva, who has graciously donated a car to the fleet.
Presenting Mozambique business opportunities in Monaco
The Consulate of Mozambique in the Principality has hosted Mozambican Business Days, coinciding with guest visits from Africa and the 10th anniversary of the Honorary Consul’s appointment to Monaco.
