Business

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

Ethical luxury: Another global leader in the luxury goods industry is going fur-free

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    Consumers are more careful in choosing sustainable products that respect the environment and animals. Prada Group declares itself fur-free starting from next year’s women’s collections. The Prada Group, one of the global leaders in the luxury goods industry, has announced that it will no longer use animal fur in its designs or new … Read more

Moët Hennessy to add a Cru Classé de Provence to its portfolio, its first rosé wine

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    Moët Hennessy, the wine and spirits division of LVMH, the world’s leading luxury products group, acquired Château du Galoupet, Côtes-de-Provence, Cru Classé Since 1955. Moët Hennessy, the largest luxury wine and spirits company in the world, encompasses 21 prestigious brands including Hennessy, Moët & Chandon, Veuve Clicquot, Dom Pérignon, Ruinart, and Krug among … Read more

Dassault Systèmes x Boom Supersonic to Reinvent the Sky with Overture – the Mach-2.2 airliner

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    Dassault Systèmes x Boom Supersonic to accelerate the development of Overture, the Mach-2.2 commercial airliner “Reinvent the Sky” industry solution experience can cut the development time of a first prototype in half. In response to increasing passenger travel and demand for new products and services, aerospace startups, new market entrants and small original … Read more

Pre-owned business aircraft transactions expected to outpace those of new deliveries four to one by 2023. Market forecast

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    The new & pre-owned business aviation will continue to grow in size and scale. Market forecast The new & pre-owned business aviation will continue to grow in size and scale, hitting nearly $30bn per year in revenue by 2023, according to a new market forecast released by business aircraft sales and acquisitions specialist … Read more

Rihanna’s Fenty label aims to rip up fashion industry rules

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Singer’s new clothing line, on sale this week, has ditched traditions such as catwalk shows