Gain a better understanding of the luxury market. Find out the latest news from the luxury business sectors – openings, launches, financial situations, buyings.
The L’OCCITANE Group to Acquire ELEMIS for $900 Million. L’Occitane is making a major step forward in building a leading portfolio of premium beauty brands. Natural cosmetics group L’Occitane announced that it has entered into a definitive agreement to acquire luxury British skincare brand ELEMIS for $900 million in cash. ELEMIS is being sold … Read more
Rising popularity of yoga classes with men has led brands to transform their collections
Former dressmaker to the Queen calls in administrators for second time in a decade
We all want and deserve to know where their most valuable, most cherished diamond jewelry is from, and how it came to be. Beyond general assurances of “conflict free,” Tiffany believes that knowing provenance is critical to ensuring its diamonds are among the most responsibly sourced in the world. Tiffany & Co. announced that it … Read more
Americas remains largest market for Rolls-Royce Motor Cars. Rolls-Royce Cars record sales of 4,107 commissions in 2018. Torsten Müller-Ötvös, CEO, Rolls-Royce Motor Cars, announced record global results for 2018 with 4,107 Bespoke commissions delivered. The all-new Rolls-Royce Phantom drove growth and the Americas region remains the biggest by far. Rolls-Royce Motor Cars, a wholly-owned … Read more
Foster + Partners in bringing the Tulip skyscraper – a world-class visitor attraction deriving its name from its nature-inspired form. A few decades ago radio masts and TV towers were tall structures designed to support antennas for telecommunications and broadcasting, including television. They are among the tallest human-made structures. Now, the skyscrapers serves as … Read more