Business

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

Coach celebrates 75th Anniversary with ‘Coach House’ on Fifth Avenue. Stuart Weitzman will also open flagship at same location

by

Coach to Open ‘Coach House’ on Fifth Avenue in New York City. Coach, the buoyant New York design house of modern luxury accessories and lifestyle brands, announced the opening of a Fifth Avenue flagship, timed to coincide with the brand’s 75th Anniversary. The store will be located at 685 Fifth Avenue in New York City, … Read more

Ultra-Luxury St. Regis Jakarta poised to become the premium address for well-heeled travelers and residents

by

St. Regis brand is bringing bespoke service, contemporary design and refined elegance to the ever-bustling city of Jakarta. Set in the Heart of Jakarta’s Golden Triangle, the new St. Regis Jakarta and The Residences at The St. Regis Jakarta will set a new paradigm for luxury hospitality in Indonesia’s thriving Capital. Centrally located on Jalan … Read more

Chanel is the leader in Global Luxury Brand Conversation replacing Louis Vuitton’s ranking, says Report

by

. The overall digital luxury conversation grew by 75% year-over-year and social chatter more than doubled for the top 15 luxury brands, says the second annual NetBase Brand Passion Report: Luxury Brands online. Ranking the top 45 luxury brands based on volume of social mentions and intensity of consumer sentiment, the report looked at more than … Read more

A new Chairman for the European Association of Luxury. The Comité Colbert (France) elected to the presidency of ECCIA

by

Guillaume de Seynes appointed as Chairman of ECCIA. The European Cultural and Creative Industries Alliance (ECCIA) has elected Guillaume de Seynes as Chairman for the next years. Guillaume de Seynes, Vice-Chairman of Comité Colbert (France) takes over from Michael Ward, Walpole British Luxury (UK), who led ECCIA from January 2014 to January 2016. ECCIA gathers … Read more

London prime shop rents leap 9% in last quarter of 2015

by

Luxury retailers battle for prime central sites in trend towards operating fewer but more high-profile stores

2015 was a historic year for Cognac shipments

by

Did you know that 2015 was a historic year for Cognac shipments? and that America consolidated its Number One ranking with imports of 68 million bottles last year? The Cognac Board (BNIC), the trade association representing growers, producers, and merchants from Cognac region of France, announced a record growth in 2015, with exports reaching a … Read more