Intern Pierre

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@internpierre

Luxury & markets analysis without the PR gloss. On-the-ground channel checks from Monaco to Madison Ave. Coverage includes LVMH, Ferrari, RH, Hermès, Cucinelli

Monaco internpierre.substack.com Joined October 2023

732 Following 8.9K Followers 17K Posts

Latest posts 5

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Intern Pierre @internpierre 2d

RH is guiding to +16–21% Q4 growth in what Gary Friedman calls the worst housing market in four decades.

One new collection is supposed to carry 8 points of it.

I spoke to a former insider about whether that demand is real. 🧵 $RH

Intern Pierre @internpierre 11h

Holy AI 😂 The enshittification of this airline continues

Etihad @etihad 2d

From the racetrack to the skies, and now on board.

Our McLaren Racing-themed Boeing 787 Dreamliner has completed its inaugural flight, taking off from Abu Dhabi to Madrid and beginning its journey across our global network.

To celebrate, we're also launching limited-edition Etihad x McLaren Racing loungewear for The Residence, First, and Business guests on selected long-haul flights.

Read more: etihad.com/en-ae/news/eti…

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Intern Pierre @internpierre 13h

Burberry has grown five quarters in a row. Sales up 6% to £1.1bn in six months, and a £54m profit vs an £18m loss last year. Americas up 12%, China up 7%, Europe down 2%.

Full breakdown later today for paid subscribers on Substack. Link in comments. $BRBY

Intern Pierre @internpierre 15h

Mansory-kitted Ferrari SF90 on Moscow plates. EU sanctions require Mansory and Ferrari to vet customers and end users so products can’t reach Russia via third countries.

How did these get there?

Surprised no one’s noticing given my regulatory track record (see $OFRM) $RACE

0:09

Screenshot of an Instagram post by Mansory, dated February 29, 2024, announcing the Mansory F9XX, a full conversion of the Ferrari SF90 Spider hybrid supercar. The photo shows the car from above at the front three-quarter angle, in matte red with forged carbon bodywork, a vented bonnet, an aggressive front splitter, dark multi-spoke forged wheels and a dark interior. Mansory’s caption lists forged carbon body parts, suspension changes, YT.5 Air forged wheels and leather and carbon interior work. It claims up to 1,100 hp and 980 Nm, a 355 km/h top speed and 0 to 100 km/h in 2.4 seconds.

Screenshot of a social media post by the account carmskkk, tagged Moscow, Russia, and posted six days ago, showing a blue Ferrari 12Cilindri with a white centre stripe. It is parked on a cobbled courtyard in front of a red brick building with a glass-walled terrace, under a clear sky. A black classic Ferrari is parked beside it. The plate frame reads “LSA x AVL”. The caption reads “Ferrari 12Cilindri” with the hashtags car, moscow, russia and ferrari.

Intern Pierre @internpierre 1d

Golden Goose sales are up 16% to €583M in the first nine months of 2026. More than 80% now come through its own stores and website.

Europe grew 17% even as many luxury brands struggle there.

Profits also increased, though a bit slower than sales.