Gain a better understanding of the luxury market. Find out the latest news from the luxury business sectors – openings, launches, financial situations, buyings.
Welcome to the Future of Healthy Ageing: Life Plan Resorts in Portugal. Life Plan Resorts (LPR) has set its sights on creating a groundbreaking retirement resort for healthy ageing that promises to redefine the concept of senior living. With an integrated retirement plan and a sanctuary for mind, body, and spirit, this visionary development will … Read more
Prada Group announces the reopening of Caffè Principe in Forte dei Marmi, in Tuscany, a project that focuses on promoting the local region and the Italian traditions. This operation marks the continuation of the Group’s commitment to the high-end pastry sector which began 9 years ago with the acquisition of Marchesi 1824. In an exciting … Read more
Outstanding performance in sales and results in the first half of 2023. Leather Goods and Saddlery Business Line Outperforms. Hermès group continues the year 2023 with confidence, thanks to the highly integrated artisanal model, the balanced distribution network, the creativity of collections and the loyalty of clients. In the medium-term, despite the economic, geopolitical and … Read more
In a landmark move that marks a significant shift in the luxury fashion landscape, Kering and Mayhoola have announced a binding agreement that will see Kering acquire a 30% shareholding in the prestigious Italian luxury house, Valentino. The cash consideration for this acquisition amounts to a staggering €1.7 billion. This partnership forms part of a … Read more
What Drives Luxury Perfume Brands to Invest in the Beetroot Industry? Pour une Agriculture du Vivant: How Parfums Christian Dior, Givenchy Parfums and Kenzo Parfums support French farmers. Parfums Christian Dior, Givenchy Parfums, and Kenzo Parfums, esteemed houses within the LVMH group, are spearheading a transformative movement in the world of perfumery by joining forces … Read more
Tiffany & Co. unveils renovated Ginza flagship store in Tokyo. How Does this Ginza Flagship Revamp Reflect Trends and Innovations in Luxury Retail? The grand opening of the much-awaited Tiffany & Co. Omotesandō store in Tokyo is set for early September 2023. Why is the unveiling of Tiffany & Co.’s renovated Ginza flagship store in … Read more