This has never happened in history: International tourism to reach one billion in 2012
International tourist arrivals grew by over 4% in 2011 to 980 million, according to the latest UNWTO World Tourism Barometer. With growth expected to continue in 2012, at a somewhat slower rate, international…
Moncler opens in Cannes
Moncler opens a new boutique in Cannes, one of the most exclusive resorts on the Côte d’Azur. Moncler will host the Film Festival guests in a 77m ² space designed by Gilles &…
PPR + Yoox fashion e-commerce
PPR & Yoox prepare a joint e-commerce project French luxury group PPR and Italian online fashion retailer Yoox are holding commercial discussions to examine the possibility of working together on an e-commerce project…
China’s Hunger for Luxury Remains Unstoppable
We are honored to present an article by Fflur Roberts, Head of Global Luxury Goods Research at Euromonitor International Hit by the global economic slowdown, the luxury goods industry went through a period of decline…
Paramount enters luxury hospitality business
American film and television production & distribution company Paramount plans to create up to 50 hotels and resorts themed around Hollywood and California. The luxury hotels will be focused on ‘elements of the…
Louis Vuitton to open an innovation hub near Angers
Luxury trunk maker Louis Vuitton Malletier will open an innovation terminal in Beaulieu-sur-Layon, at twenty kilometers south of Angers (Maine-et-Loire). The hub of leather goods will be a highly innovative research and innovation pole…
Growth confirmed in 2012 for luxury consumption. Luxury goods market to grow 3% in Europe in 2012: study
All sectors of the global luxury market are forecasted to grow in 2012, reinforcing the organic growth of 2011. China is the fastest growing market, accessories the best performing categories. Leather goods, Shoes…
Nordstrom, Bergdorf Goodman and Barneys New York ranks first in luxury for wealthy shoppers: survey
Nordstrom Ranks First in Luxury for Wealthy Shoppers; High-End Retailer Earns Top Scores on Multiple Measures of Customer Experience and Loyalty Wealthy U.S. shoppers earning at least $150,000 a year rank…
Solís to open in Lake Tai, Suzhou, China
Solís Hotels & Resorts, one of the world’s premier luxury hotel brands, announced an agreement with Fantasia Holdings Group, a leading property developer and property-related service provider in China, to develop and…
L’Occitane and Westin Hotels are digital geniuses in emerging markets
New L2 Study Ranks Digital Competence of Over 100 Iconic Brands in Brazil, Russia, and India L’Occitane ranks #1 in both Brazil and Russia, and Westin Hotels & Resorts leads in India in…
