Gain a better understanding of the luxury market. Find out the latest news from the luxury business sectors – openings, launches, financial situations, buyings.
Global luxury market projected to reach €1.5 trillion in 2023, a new record for the sector, as consumers seek luxury experiences. The global luxury market is projected to reach €1.5 trillion in 2023, an 8-10% growth over 2022, setting a new record for the industry and proving its unparalleled resilience. These are among the findings … Read more
In 2024, upscale globetrotters are rewriting the travel narrative. With a commitment to exploration, celebration, environmental stewardship, intimate cruising, and ease of travel, these trends are not just a reflection of individual preferences but a collective mindset seeking the extraordinary. The Luxe Report identified five key trends upscale globetrotters are embracing in 2024. As the … Read more
Top Cities For Fake Watch Purchases: How can you tell if a Rolex is real? New research released this week reveals there are an estimated 23.3 million fake watches circulating the US market alone1, according to a study by luxury pre-owned watch specialist, Watchfinder & Co. Additionally, of all the luxury watches sent to Watchfinder … Read more
Loewe’s Tokyo Marvel: Where Fashion Meets Fine Art at CASA Loewe Omotesando” Nestled in the heart of Tokyo’s vibrant district, CASA Loewe Omotesando stands as a testament to the fusion of high fashion and artistry. The recently reopened store, revitalized under the visionary eye of creative director Jonathan Anderson, beckons both fashion enthusiasts and art … Read more
Sephora unveils new flagship Champs-Élysées store. After several months of renovation and ahead of the upcoming Paris Olympic and Paralympic Games – for which Sephora is official partner of the Olympic Torch Relay – the iconic Sephora Paris flagship store at 70-72 Avenue des Champs-Élysées has reopened, bringing customers an entirely reinvented shopping experience. This … Read more
Luxury eye-wear brand Barton Perreira acquired by LVMH-backed Thelios. Thélios strengthens its portfolio with the acquisition of luxury eyewear brand Barton Perreira. In the dazzling world of luxury eyewear, where style meets craftsmanship and innovation dances with tradition, an exciting union has been forged. Thélios, the powerhouse backed by the prestigious LVMH group, has added … Read more