WallyYacht

Luxury Retailers Make Forays Into The Yacht Business

Luxury behemoth LVMH - Louis Vuitton, the world's leading luxury products group is expanding into the yacht business. The company is in talks to acquire Royal van Lent, a Dutch designer and builder of luxury custom mega-yachts sold under the Feadship brand. Like most of LVMH's brands, Royal van Lent's yachts target an ultra-exclusive clientele. The company specializes in yachts over 50 meters (164 feet) which sell for an average of $44 million each. Shown above is recent build, the Archimedes.

The news comes just days after luxury group Hermes announced their joint venture with the Monaco-based yacht maker Wally on what will doubtlessly be a new line of sleek and modern luxury yachts with Hermes appointments. Both of these announcements send a strong message that these brands believe the ultra high end of the luxury market is safe and sound in any economy.

Tags: hermes, lvmh, royal van lent, wally yacht, WallyYacht

Wally Pilgrim Project

by Deidre Woollard (RSS feed) —

Filed under: Yachts & Sailing

The latest news from the modern yacht geniuses at Wally is the Pilgrim project. The new yacht is a project with Hoek Design and Soto Acebal, a 200-foot (60.80-meter) yacht designed along classic lines but with high-tech additions. The design dates back to 1893 and the plan is to create a re-imagined classic. The new Piglrim will have a a carbon composite hull .The sail handling systems developed by Wally have reduced the crew requirements to eight or nine people.The deck layout has two deckhouses with tinted glass. The deck has a high bulwark and the social cockpit has free standing furniture like the latest Wally designs. There is a lounge, dining area, salon, library and four cabins plus the owner's stateroom.Yacht Forums has more pictures of the interesting project.
[via BYM News]

Tags: modern design, pilgrim project, sailing, wally yacht, WallyYacht