Business

Gain a better understanding of the luxury market. Find out the latest news from the luxury business sectors – openings, launches, financial situations, buyings.

Whisky is back in favour … and now women are calling the shots

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Female drinkers have a new favourite poison, and are also increasingly involved in running distilleries

This two-seater is a game-changing electric aircraft in terms of technological innovations and cost-efficiency

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      The type certification of the Pipistrel Velis Electro is the first step towards the commercial use of electric aircraft, which is needed to make emission-free aviation feasible. It is considerably quieter than other aeroplanes and produces no combustion gases at all. Pipistrel will deliver the first 31 Velis Electro to customers in … Read more

‘The waste and excess is more visible’: how coronavirus is shaking up fashion

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The industry has been taken apart at the seams. Is this the end of lavish shows and packed front rows?

Unfinished Business: This cognac house is helping reboot the hospitality industry despite the crisis

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    Hennessy Establishes $3 Million Small Business Recovery Initiative. “Unfinished Business” Provides Immediate Relief and Long-Term Support to Those Hit Hardest by COVID-19. Forced to shut down for long weeks, businesses in a multitude of sectors have had to close their doors permanently. To help safeguard against these closures, Hennessy has announced the Unfinished … Read more

WWF x Google platform will enable more responsible sourcing decisions in the fashion industry

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    Now more than ever, the fashion industry is answering the call to sustainability. New data-enriched, decision-making platform will help drive responsible sourcing decisions in the fashion industry. WWF and Google partner on fashion sustainability platform. Google announced a partnership with WWF Sweden to help create an environmental data platform that will enable more … Read more