Gain a better understanding of the luxury market. Find out the latest news from the luxury business sectors – openings, launches, financial situations, buyings.
The luxury industry this past week has continued to grapple with the economic and consumer shifts that have defined the year, but with some notable brand-specific highlights and developments. The overarching theme remains a market slowdown, particularly in key Western markets, but with some brands and regions showing resilience. Key Financial and Market Insights Mixed … Read more
The 9th edition of VivaTech, Europe’s largest startup and technology gathering held in Paris in June 2025, served as a potent crucible for innovation, offering both glimpses into the future and tangible solutions for the present. For the luxury industry, the event underscored a profound shift: technology is no longer an auxiliary tool but an … Read more
It’s official: the United States is still the global Goliath of private wealth. The newly released USA Wealth Report 2025, produced by Henley & Partners — the international leader in residence and citizenship planning — in collaboration with New World Wealth, a respected global data intelligence firm, lays it bare: America is not just wealthy. … Read more
In the gilded atlas of global affluence, 2025’s edition has a familiar hue: American blue. The World’s Wealthiest Cities Report 2025, compiled by Henley & Partners and New World Wealth, reads like a love letter to U.S. dominance—with a generous helping of digital-era optimism and a pinch of geopolitical reality. But beneath the sparkle of … Read more
The luxury sector finds itself in a dynamic state of reinvention. Marked by audacious collaborations, a resurgence of heritage-driven storytelling, cautious responses to economic headwinds, and increasingly discerning global consumers, the industry is at a crossroads. The latest wave of developments—from fashion and hospitality to mobility and tech—paints a vivid picture of both resilience and … Read more
Let’s be honest: global travel has always had its obsessions. Once it was pyramids and postcards, now it’s Shohei Ohtani and spa retreats in the Zambian bush. According to the Mastercard Economics Institute’s freshly unboxed Travel Trends 2025 report, this year’s globetrotters aren’t just chasing deals—they’re chasing meaning. And maybe the perfect Michelin-starred ceviche in … Read more