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…
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F1: Charles Leclerc on the podium as Lando Norris wins in Miami
Charles Leclerc’s P3 finish in Miami takes Ferrari’s tally to six podium finishes in the six races of the season thus far.
All aboard the Prince Jacques: Princely family launch new fire and rescue vessel
The Princely family were given a tour of the new vessel, which has been named in honour of Prince Jacques, over the weekend.
Festival des Etoilés: Marcel Ravin to collaborate with Paris’ David Toutain
The next culinary rendezvous in the Festival des Etoilés series to look forward to will feature the two Michelin-starred chefs Marcel Ravin and David Toutain.
France releases guide for parents after report highlights the dangers of excessive screen use
In light of a new report that has linked screen use to rising rates of depression, obesity, anxiety and poor sleep in children, the French government has released a guide for parents that advises...
F1 history to inspire Chokolashow sculptures
Eight students from Monaco’s Pavilion Bosio and the Accademia di Belle Arti di Sanremo will be putting their sculptural skills to the test at the Chokolashow event by carving large blocks of...
Monaco locals offered grants to improve their foreign language skills
The scheme is open to students at school in the Principality, local civil servants, Monegasques and their families, and foreign residents who have lived in Monaco for a minimum of 10 years.