Gain a better understanding of the luxury market. Find out the latest news from the luxury business sectors – openings, launches, financial situations, buyings.
Four Seasons Hotels and Resorts and Mabrouk Group to Open New Luxury Hotel in Tunisia in 2017. The combination of Arabic-inspired architecture and Mediterranean influences is able to create a hotel experience unlike anything else in Tunis. Four Seasons Hotels and Resorts, one of the world’s leading luxury hospitality companies, is extending their presence in … Read more
This is Christie’s moment to shine in LA. Christie’s, the world’s leading art business, announces a major exhibition to celebrate the opening of its new Los Angeles flagship in Beverly Hills. The goal is to welcome in both new and established collectors to acquaint themselves with all that Christie’s has to offer the LA community … Read more
Elon Musk’s electric car company has been valued at $49bn, leaving the 100-year-old motor manufacturer lagging behind
The Highest Price For Any Work Ever Sold at Auction in Asia. The Pink Star diamond has been sold by Sotheby’s in Hong Kong for $71.2 million, a world auction record for any diamond or jewel, and renamed The CTF Pink by the purchaser, Hong Kong jeweler Chow Tai Fook. The Pink Star is a … Read more
Get carried away this spring with three new Saks Fifth Avenue OFF 5TH stores. On Thursday, April 6, Saks Fifth Avenue OFF 5TH is celebrating the grand opening of its first location in Quebec at Place Ste-Foy in Quebec City. “We’re excited to continue the Canadian expansion of Saks OFF 5TH with the grand opening … Read more
Coty is expanding its presence in luxury cosmetics and the global position in luxury fragrances with a new acquisition. Coty enters strategic partnership with Burberry, acquiring exclusive long-term license rights for Burberry Beauty Luxury Fragrances and Cosmetics. This week, Burberry announced the new Mr. Burberry Eau de Parfum. An intense interpretation of the original fragrance, … Read more