Business

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

New parents looking to tech for answers fuel £1bn boom in baby products

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Gadgets that promise to make looking after our children easier are doing big business at Britain’s biggest baby show

Swiss couple Iwan and Manuela Wirth top art power list

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Wirths praised for changing model of how art is bought and sold, while Ai Weiwei ranks second and Nicholas Serota falls to fifth

Global demand for cruising has increased 68 percent over the past decade. Cruising’s Top Ten Countries

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Global demand for cruising reached 22.04 million passengers in 2014, up 68 percent from 13.1 million passengers in 2004, according to a new study from Cruise Lines International Association (CLIA), the largest cruise industry trade association and the leading authority of the global cruise community. Since 2013, demand for cruising grew 3.4 percent, from 21.3 … Read more

London’s ‘most expensive offices’ unveiled, with ‘gold’ washrooms

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The capital’s high-rollers no longer have to slum it when they go to work, as property firm spends £3m refitting a building

Ritz-Carlton entering into one of the Latin America’s most prominent capital cities

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Legendary luxury hotel brand to introduce new hotel on Avenida Reforma Mexico City. The Ritz-Carlton Hotel group announced plans to open its first hotel in Mexico City in 2019. Upon completion, the 153-room Ritz-Carlton, Mexico City will include 58 floors and 1.1 million square feet of space, rendering it one of the tallest buildings in … Read more

Michelin-decorated Alain Ducasse brings Riviera-inspired cuisine to Las Vegas

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Chef Alain Ducasse brings the soul of the Riviera to Las Vegas in the Rivea and Skyfall Lounge opened atop Delano Las Vegas, the newest luxury hotel on The Strip. Alain Ducasse, Mandalay Bay President Chuck Bowling, and Delano’s General Manager Matthew Chilton welcomed more than 250 guests to an exclusive opening celebration of Rivea … Read more