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 faces a challenge like never before. The luxury market will face a difficult year ahead: Bain & Company expects that for the full year 2020, the market could contract between 20-35 percent, depending on the speed of the recovery. After falling by an estimated 25 percent in the first quarter … Read more
Aerion Will Build a New State-of-the-Art Campus in Melbourne, Florida. Aerion is the industry leader mapping out a successful, sustainable return to supersonic flight. The only supersonic aircraft ever designed for carbon-neutral operation. AS2 to be the first aircraft that’s safe, stylish, sustainable, and supersonic. Aerion AS2 is the first-ever privately built supersonic … Read more
Automobili Lamborghini resumes its production activities and announces new model. While company activities were temporarily suspended, Lamborghini repurposed some of its departments to produce medical protection masks and visors for St. Orsola Hospital in Bologna, and established a partnership with SIARE Engineering International Group for co-engineering and manufacturing breathing simulators. On 7 May, … Read more
2020 should have been the year for influencers to get their followers’ desires for ‘realness’ – now they’re just trying to survive the economic downturn
The Estée Lauder Companies Reports Fiscal 2020 Third Quarter Results. Company Sees Continued Acceleration of Global Online Net Sales and Initial Recovery in Mainland China. Continues Global Relief Efforts, Launches ELC Cares Employee Relief Fund. The Estée Lauder Companies reported net sales of $3.35 billion for its third quarter ended March 31, 2020, … Read more
It started as a photo-sharing platform, but quickly rose to become the most influential app of our generation. Now, a forensic new book reveals the struggles and eccentricities of the men behind Instagram