Monaco's SBM eyes global luxury empire following LVMH playbook
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2 Articles
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…
SBM sets its sights on growth, renewal and global expansion
Société des Bains de Mer (SBM) began the new year with an optimistic outlook as Chairman Stéphane Valeri delivered the group’s annual presentation to the press, reviewing a strong financial performance and outlining ambitious plans for the years ahead… SBM recorded a 10 percent increase in revenue in the first half of the 2025–2026 financial […] The post SBM sets its sights on growth, renewal and global expansion appeared first on NEWS.MC - Mona…
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