Category: Business
-
“Owning a luxury hotel room or apartment in the centre of Dubai makes great investment sense”
DAMAC Maison Bay’s Edge and DAMAC Maison Royale The Distinction to Open Next Month in Dubai. Dubai’s competitive environment has forced hoteliers to become more creative in their offerings to attract visitors and residents alike. According to luxury real estate developer Damac Properties, Dubai has recently reached the 100,000-room mark and has been ranked ninth…
-
The Cartier Panthère watch re-launched with online exclusive pop-up-shop on Net-a-Porter
For the first time ever, Cartier launched exclusive pop-up-shop on Net-a-Porter luxury e-commerce platform. This is the first time Cartier has ever partnered with an online retailer. In a total premiere, French Jewelry Maison Cartier turns to Net-A-Porter for its latest watch launch. Cartier signed an online deal with the luxury e-commerce platform to sell…
-
Breitling, the luxury watch brand known for precision-made aviation chronometers, acquired by CVC Capital
Breitling, the family-owned manufacturer of Swiss luxury watches and an internationally renowned high-end brand was acquired by CVC Capital Partners. CVC announced that CVC Fund VI has agreed to acquire an 80% stake in Breitling. The financial terms of the transaction were not disclosed. As part of the transaction, Breitling CEO & Director Théodore Schneider,…
-
Where the Pacific Ocean meets the Sea of Cortez: St. Regis Los Cabos at Quivira
St. Regis Expands Presence In Mexico With Signing Of 120-Room St. Regis Los Cabos A national and international tourism destination, Los Cabos is known for its exquisite gastronomy, beautiful scenery, and white-sand beaches. Thanks to an increase in affluent national and international travelers, Los Cabos’ profile and luxury landscape has grown rapidly in the past…
-
The new status symbol: it’s not what you spend – it’s how hard you work
The rich used to show how much they could spend on things they didn’t need. Today, a public display of productivity is the new symbol of class power
-
Now on sale: Jimmy Choo (the whole company)
Shoemaker with market value of more than £700m says surprise decision to sell up followed board review of strategic options