Business

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

Luxe en France: L’Oréal invests in Aulnay-sous-Bois plant for luxury beauty products and fine perfumes

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  L’Oréal announces plan to further develop its manufacturing capabilities in France dedicated to luxury beauty products.  L’Oréal’s project includes a 15 million euros investment in Aulnay-sous-Bois plant which would become part of L’Oréal’s luxury Excellence Manufacturing Centre. L’Oréal, the French personal care company headquartered in Clichy, Hauts-de-Seine with a registered office in Paris, announces the … Read more

Kering luxury group sold its US sports and lifestyle brand Volcom

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  Volcom, the skate, swim, and snowboarding lifestyle brand that creates durable, stylish clothing and accessories, was sold to Authentic Brands Group (ABG). Kering luxury group, the owner of some of the biggest luxury powerhouses such as Gucci, Saint Laurent, Bottega Veneta, and Ulysse Nardin, sold its US sports and lifestyle brand Volcom. The lifestyle … Read more

Are Some Zodiac Signs More Likely to Be Wealthy Than Others?

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    Can Your Zodiac Sign Predict Your Wealth? Regardless of your personal feelings on astrology, it’s possible to study the correlations between people born under various Zodiac signs and how they live their lives. Whether you use this information as a prediction for the various people in your life (including yourself) or just use … Read more

The most active cities for luxury retailers. Study

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  London, Paris, Tokyo and Singapore are the global destinations to remain the key focus for luxury brands wanting to expand or improve their physical profile in 2019. With a 38% increase in luxury store openings last year, London became the most active destination globally for high-end brands last year, according to Marie Hickey, retail … Read more

House-hunting in Silicon Valley: tech’s newly rich fuel a spectacle of excess

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As flamenco dancers and baristas help show off multimillion-dollar homes, there is no longer room for the middle class

Gucci tops the 2019 BrandZ Top 30 Most Valuable Italian Brands ranking

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  ‘Brand Italy’ continues to make its mark on the world. Italy is recognised as a world leader in exquisite food, fast cars and elegant fashion. According to research by WPP’s BAV Group, the Italian brands perform exceptionally well in other sectors such as Energy, Oil & Gas and Cruises. ‘Brand Italy’ performs exceptionally well, … Read more