Gain a better understanding of the luxury market. Find out the latest news from the luxury business sectors – openings, launches, financial situations, buyings.
Public Investment Fund Unveils Amaala – the Riviera of the Middle East. The new destination is a natural extension of the Mediterranean Sea, and dubbed the Riviera of the Middle East. As envisioned in Vision 2030, Amaala – along with the other giga-projects – will support the diversification of Saudi Arabia’s leisure and tourism … Read more
Maison Azzedine Alaïa launches its first digital store, opening its doors to over 100 markets around the world. A project started with late designer Azzedine Alaïa, the launch of Maison-Alaia.com marks an important milestone in the history of the luxury fashion Maison. It will enable women around the world to enjoy the timeless creativity … Read more
“Italian For…”, a project developed by YOOX and ITA – Italian Trade Agency, debuts online, giving premium customers in the US and China the chance to discover a curated selection of over one hundred Italian fashion and design brands. The Italian fashion brands, both emerging and established, in clothing, footwear, bags, accessories, jewelry, and … Read more
Michael Kors’ acquisition of the Italian fashion house will modernise the brand and drive sales
Since opening its first flagship store in Shanghai in 2010, Harman International, a house of world-renowned audio brands and a wholly-owned subsidiary of Samsung Electronics, has added such cosmopolitan locations as Tokyo, and New York City. With its deep automotive roots, Munich was a natural choice for the first European Experience Store. The very … Read more
Donatella Versace expected to confirm deal with handbag and clothing brand on Tuesday