Elizabeth Solaru Linkedin: Elizabeth Solaru Instagram: @luxurybusinessemporium Website: www.luxurybusinessemporium.com Simba Wakatama Linkedin: Simba Wakatama Instagram: @simbawakatama  Website: www.volobespoke.com Stories: Valentino Unveils Vintage Project Valentino wants to enter the booming resale and vintage market. The Italian luxury house and its creative director Pierpaolo Piccioli forged partnerships with a number of vintage stores around the world. Owners of Valentino vintage pieces will be encouraged to submit them to the boutiques in exchange for store credit to use on new Valentino collections. Harrods £68m in red and faces strike by dozens of restaurant workers Harrods plunged £68m into the red last year after pandemic lockdowns halved its revenues, according to recently published accounts, and the luxury department store is now facing a strike by dozens of restaurant workers. Chanel Hikes Handbag Prices in Run-up to Christmas French luxury group Chanel has hiked prices of some of its most sought after handbags at a time when strong consumer demand and low stock in the run-up to the holiday shopping season are boosting their exclusivity. Michael Jordan is the highest paid athlete of all time The retired NBA great is the highest-paid athlete of all time, with an estimated $2.62 billion in inflation-adjusted career earnings, according to an analysis by Sportico. His Airness tops a list of 12 billionaire athletes, which includes long-retired greats like Arnold Palmer and present-day stars such as Lionel Messi. Aston Martin starts Valkyrie production Aston Martin has completed its first hypercar, a huge milestone in the company's history. Indeed, the hybrid ride—the brainchild of Aston Martin and Red Bull Racing—packs the power and tech of a formidable Formula One racer. Crafted entirely from carbon fiber, the featherlight body has been honed for performance. In fact, the underfloor aerodynamics will reportedly generate 4,000 pounds of downforce. At a cost of $3.25million, only 150 models will be produced as it has taken 5 years of painstaking work to get to this stage. --- Send in a voice message: https://anchor.fm/luxurynewsweekly/message