Forget the Birkin: MAISON de SABRÉ Unveils The Palais
A bold new era for Australian luxury: MAISON de SABRÉ launches The Palais, a flagship handbag eight years in the making.
2 min
Luxury fashion’s next great icon has arrived, and it doesn’t come from the ateliers of Paris or Milan.
Eight years after reimagining the humble phone case as a luxury object, Australian disruptor MAISON de SABRÉ has unveiled its most ambitious creation yet: The Palais.
The Palais is the brand’s first flagship handbag, a permanent house signature that distils nine of its design codes into a single silhouette. According to Co-Founder and Creative Director Omar Sabré, it is “the most significant milestone in our craft language – an icon of the unconventional.”
Craft, Redefined
Sixteen months of design and six more of material development have delivered a handbag that sets a new standard for contemporary luxury. Each detail, from its sculptural teardrop gusset, first carved in wood, to its floating seam edged with suede, has been engineered with precision.
The bag is crafted from 100% LWG Gold-Rated DriTan™ calf leather, the most premium material the brand has used to date, and lined entirely in sueded leather. MAISON de SABRÉ has committed to a zero-waste ethos, incorporating upcycled accents and trims that marry indulgence with responsibility.
An Investment in Permanence
In a market defined by seasonal trends, The Palais is positioned as a piece of permanence. Built to endure, it has been designed to evolve through attachable charms, eyewear cases, and tech accessories, making it both timeless and adaptive.
The line debuts in two sizes:
Large ($949 AUD) in Cashmere Clay, Pecan Brown, Black Caviar, and Emerald Green
Medium ($749 AUD) in Cashmere Clay, Plum Red, Emerald Green, Black Caviar, Sandstone Brown, and Manhattan Orange
More Than a Bag
Alongside The Palais comes a suite of playful, functional accessories. The Petite Palais Charm, a miniature handbag for your handbag, holds everything from an Apple AirTag to AirPods Pro.
SABRÉMOJI™ Garden Bugs, handcrafted from leather offcuts, nod to nostalgic childhood discoveries, while the Sunglass Sling Case offers sleek utility with its detachable leather sling.
Global Stage, Australian Confidence
MAISON de SABRÉ has built a $100M luxury powerhouse without relying on traditional fashion gatekeeping, and more than 80% of its sales now come from international markets. This September, the brand debuted The Palais at Tokyo’s Miyashita Park alongside Louis Vuitton, Gucci, and Prada, followed by a residency at Paris’s legendary Le Bon Marché.
Co-Founder Zane Sabré puts it bluntly: “Heritage doesn’t guarantee relevance. The Palais proves you don’t need a century of history to create something iconic — you need conviction, execution, and a brand people actually believe in.”
Or, as Omar Sabré quips, “Hermès has the Birkin. We have The Palais. It’s not a comparison, it’s a challenge.”
From making unpopular decisions to learning when to listen, leaders from five businesses reveal what nobody prepared them for — and how running a company has challenged their expectations.
Technology and semiconductor shares fell sharply as investors questioned the debt financing the AI infrastructure boom and confronted higher rates and Chinese competition.
Elon Musk is exploring a potential merger between Tesla and SpaceX, a deal that could reshape the future of AI, robotics, autonomous vehicles and space technology. With a combined valuation potentially reaching $3.5 trillion, the move could bring Musk’s vision of an interconnected technology ecosystem closer to reality, although a deal remains uncertain.
5 min
Elon Musk has engineered ties between Tesla TSLA 3.41%increase; up pointing triangle and SpaceX SPCX 7.79%increase; up pointing triangle that are hard to break, and now he wants to fuse them together permanently.
Musk has run both Tesla and SpaceX concurrently over the past two decades, using a schedule that dictated which days he spent focused on each business.
The companies have often shared resources and personnel, signaling their close ties. Last year, SpaceX looked into creating a spacesuit for Tesla’s humanoid robot Optimus, a person familiar with the matter said. Tesla last week showed off its new Roadster, a vehicle featuring SpaceX rocket thrusters that it hopes to soon bring to market.
And in recent months, Musk has repositioned both companies by expanding beyond their core operations toward a shared mission centered on artificial intelligence.
The world’s richest man on Tuesday signaled his interest in tying up SpaceX and Tesla, marking what would be the biggest corporate merger of all time. Because he serves as chief executive of SpaceX and Tesla, Musk said committees of independent directors at both companies are evaluating a possible deal, adding that a transaction might not come to fruition.
The committees will likely evaluate, with lawyers and bankers, how each company would fare in a potential deal and how a deal might best be structured. They then present their conclusions to their respective boards, who typically vote on whether to proceed.
“It’s an odd Kabuki dance where two groups of people are talking and I can’t be in the conversation,” Musk told SpaceX investors on Tuesday in response to an analyst’s question about a potential deal.
For Musk, the merger supports his vision of a world full of autonomous cars, humanoid robots and weekly rocket launches, as well as the data centers and satellites required to keep the whole thing running.
Some investors and analysts said they expect a transaction would be structured as an all-stock deal, with SpaceX potentially paying a modest premium for Tesla shares.
SpaceX, which has a market value of about $2 trillion, said it is seeing sharp growth in revenue across its businesses, which include operating data centers, launching rockets and operating satellite networks such as the internet service Starlink. Tesla is valued at about $1.5 trillion and is expanding its operations beyond its automotive and energy business. Shares in both companies traded higher following the news Tuesday.
Musk’s substantial ownership stakes in both companies, along with voting control at SpaceX, has enabled him to set the deal in motion. Analysts and investors said the deal will probably face regulatory scrutiny internationally, though some see Musk’s close relationship with the Trump administration as an asset to getting approval.
Blurred lines
The companies haven’t said which directors are on the special committees evaluating a potential deal. Several SpaceX and Tesla board members have either personal or business ties to Musk. And like Musk, venture capitalist Ira Ehrenpreis sits on both boards.
In a filing this week, Tesla outlined millions of dollars in business agreements with SpaceX and its subsidiaries last year, including $143 million in car sales to SpaceX, $3.3 million in advertising that it bought on the social-media platform X and $430 million in revenue from the sale of Megapack batteries for SpaceX’s data centers.
The companies also split the cost of resources including the use of Musk’s SpaceX jet and the bill for his personal security, which he runs through a private company.
Employees at both companies routinely move between companies to work on special projects, and some executives have dual roles, including Charles Kuehmann, vice president of materials engineering at both SpaceX and Tesla, and Ashok Elluswamy, the vice president of AI software at Tesla who runs a joint venture with SpaceX called Digital Optimus.
Over the years, Musk has launched new startups within his empire, including brain-implant company Neuralink, underground-tunnel developer the Boring Company and xAI, the AI startup that merged with SpaceX in February.
It is that AI business that Musk thinks can serve a market worth tens of trillions of dollars, justifying the need for a merger.
The business case goes like this: Tesla is developing robotaxis and robots, which it calls “physical AI.” SpaceX is working on the back end of physical AI: the data-center capacity and internet connection required for those robotaxis and robots to operate continuously.
“I don’t see what the value of Tesla is if it’s not merged with SpaceX,” said investment adviser Ross Gerber, a former Tesla bull turned critic invested in both companies. “If they don’t merge, the brains of everything that runs Tesla is owned by another company.”
On top of it all, both companies face constraints on the supply chains they need to make this world a reality, particularly when it comes to chips. To address this, Musk earlier this year announced a joint venture between Tesla, SpaceX and Intel to design and manufacture chips in Texas. “The most epic chip-building exercise by far,” he has said.
Musk at the wheel
For Musk, a merger would also solve two problems: demands on his attention and his lack of control at Tesla.
Tesla for years was Musk’s only public company, a status that came with greater scrutiny. There, Musk reports to a public board, as well as individual investors who make up around 30% of Tesla’s voting power, according to FactSet.
The question of Musk’s attention became a particular focus for investors and the board in recent years after he acquired Twitter in 2022 and launched xAI in 2023, and again in 2025 as he spent time in Washington, D.C., running the Department of Government Efficiency in the early months of President Trump’s second term.
As Tesla’s car business suffered in 2025, Musk threatened to take his AI ambitions outside the company if he wasn’t granted 25% voting control. Last November, Tesla shareholders approved a new pay package for Musk, which created a path for him to vastly expand his stake.
As of Sept. 30, Musk owned a roughly 20% stake in Tesla, according to the company’s proxy filing.
The SpaceX IPO gave Musk a different path. When SpaceX went public in June, the deal’s structure enabled him to have more than 80% voting power at the company—so much that he can’t be fired and decisions can’t be made without his support.
If SpaceX acquires Tesla, he will likely stay in control.
From warmer neutrals to tactile finishes, Australian homes are moving away from stark minimalism and towards spaces that feel more human.
From the Caribbean to Australia’s east coast, Oyster’s latest world rally promises a bluewater voyage designed for owners seeking ultimate sailing experiences.
