Reflecting on a Remarkable Year and Charting Our Course for 2024
Dear duPont REGISTRY Group Family and Friends,
As 2023 draws to a close, Christian Clerc and I are reflecting on how much duPont REGISTRY Group has achieved so far. In this festive season, we want to take a moment to pause, express gratitude, and share our excitement for what lies ahead.
This year has been nothing short of extraordinary for us all: 2023 saw not only the birth of our group, but the beginning of our transformation into a complete media and commerce ecosystem.
First, we assembled an elite board of directors: Christian, our chairman and former Global President of Four Seasons; Group Vice Chairman Sandeep Chugani, a current partner at Boston Consulting Group; and Javier Villamizar, current operating partner at Softbank Vision Fund. Their combined knowledge of our market is second to none and will help us execute our vision and deliver on our promise.
We also reinforced our teams at all levels to support and accelerate our transformation. Our executive team has grown with the arrival of Mike Guy as Director of Editorial and Events and we are actively searching for the best talents.
We launched duPont REGISTRY Insurance and our clients can now benefit from a one-stop shop for all their automotive insurance needs—we cover their daily driver as well as their collectibles. Our strong partnership with Hagerty and other carriers put us in a unique position to offer a personalized insurance product attached to a white glove service.
We continue the digital transformation of duPont REGISTRY and have begun investing heavily in our platform as well as our extensive proprietary data. We’re already seeing results with an increase in visits and conversions. 2024 will see major redesign of both the front and back ends.
Our event business is very strong, Canossa is delivering record growth this year and the brand reputation is now scaling up to new exclusive partnerships and new countries.
Finally, Sotheby’s Motorsport is building momentum. Strong with thousands of active bidders and users we are crafting a new way to online auction: “From the start, I have been impressed with the communication and overall professionalism. They put my mind at ease as a seller and what a great tool for a potential bidder/buyer to have. They simply remove much of the worry/question/anxiety involved with a transaction as such.” One of our seller told recently.
Our team has an integral role in our success in 2023. Each individual’s hard work, dedication, and passion has exceeded the lofty goals we set at the beginning of the year.
Looking Forward to 2024:
The coming year is going to be full of challenges, but it’s also full of promise. Our unwavering commitment to excellence remains constant, and that is our most powerful weapon. We will build on our successes, leverage our learnings, and embrace the opportunities that lie ahead.
As with every presidential election year, 2024 will have plenty of uncertainty, but with our current audience and global development strategy, I’m confident we can sidestep the turbulence—and even use it to our advantage.
In the coming year, our strategic focus will be on developing our Marketplace to become a completely modern platform that unlocks the power of our ecosystem and enables our clients and dealership partners to transact seamlessly. These are the relationships we value most, and we believe in taking our dealerships with us as we increase our market share. We will soon launch our Preferred program that will unlock exclusive benefits to our dealerships.
In this year of transformation and strong growth for duPont REGISTRY Group, we will add new products to our ecosystem around Financing, Leasing, and Warranty, and we will expand our portfolio of iconic brands with new acquisitions that reinforce our leadership in the market.
We will also launch a new members-only club that will offer extraordinary benefits and experiences to bring our portfolio of the best and most powerful luxury car brands to life.
By harnessing the strengths that define us and adapting to emerging trends, we will continue to be at the forefront of the Driven Lifestyle market. Our vision is not only to maintain our leadership position but to redefine the industry standard of excellence.
None of our achievements would be possible without the hard work and dedication of each and every member of the duPont REGISTRY Group family. Your passion, resilience, and creativity are what drives our success. Christian and I have the deepest gratitude for your unwavering commitment and tireless efforts.
So, on behalf of the Board of Directors, I wish you and your loved ones a joyous and restful break. May you find time to recharge, reflect, and return in the new year with renewed energy and enthusiasm.
Thank you for your outstanding contributions and for being an integral part of our success story.
Wishing you a Merry Christmas and a Happy New Year!