Business

Gain a better understanding of the luxury market. Find out the latest news from the luxury business sectors – openings, launches, financial situations, buyings.

A London penthouse for £60,000. No, not to buy – that’s the weekly rent

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Capital’s most expensive apartment is one of new breed of ultra-luxurious properties aimed at cash-splashing global super-rich

Athleisure and Luxury Apparel. What’s next

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Luxury and Wellness Redefine the Future of Fashion, Says Euromonitor in the 2017 report “The Future Direction of Athleisure and Luxury Apparel.” So, What’s next for athleisure and how luxury is stepping it  up. The fashion for wearing fitness apparel away from the gym was well and truly cemented in the mainstream fashion retail and … Read more

The global personal luxury goods market is highly fragmented. Report

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Top Vendors in the Global Personal Luxury Goods Market from 2017 to 2021: Report. The global personal luxury goods market is highly fragmented, with the presence of both global vendors and local players, says the recent global personal luxury goods market report by Technavio. This market research report also lists 14 other prominent vendors that … Read more

Snapchat to make high-profile stock debut after revealing IPO plans

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The disappearing picture message service will likely be valued at up to $25bn, cementing co-founder Evan Spiegel’s status as one of the richest people in tech

Foreign billionaires in London choosing to rent to avoid stamp duty

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Number of lettings costing more than £3,000 a week increased by 28% in the last three months of 2016, research shows

Cava producers take a pop at champagne with top-end classification

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Spain hopes new category will put fizz back into the reputation of a sparkling wine often overshadowed by its French cousin