Gain a better understanding of the luxury market. Find out the latest news from the luxury business sectors – openings, launches, financial situations, buyings.
Facebook founders top the Wealth-X list of the world’s top 10 richest individuals under 40. The list is dominated by male technopreneurs, with four of the men deriving their fortunes from their early involvement in Facebook. Self-made Mark Zuckerberg (30), co-founder, chairman and CEO of online social networking service Facebook claims top spot with 35,1 … Read more
As the world begins to drag itself out of the global economic crisis, investors are looking for opportunities to achieve a better return than they can expect from the banks or established mainstream stocks and bond markets. It seems likely base interest rates are going to remain low, at least over the medium term, and … Read more
Chinese Actor and Model Hu Bing is British Fashion newest ambassador. To build closer relationships and trade links between China and the UK, The British Fashion Council announced the appointment of Actor, Model, Singer and Philanthropist Hu Bing (born February 14, 1971) as the first International Ambassador for London Collections Men (LCM). Hu Bing is joining … Read more
The world gained an extra 5,300 UHNWIs last year and, as with other people worth $30m or more, they like property and luxury items in a big way
To coincide with the Coach’s 75th Anniversary, the New York design house of modern luxury accessories and lifestyle collections announced the opening of its first flagship store in Paris. The store is located at 372-374 Rue Saint-Honoré, in one of Paris’ most prestigious shopping districts, and is expected to open this fall. The opening of … Read more
Starwood Hotels launches a rewards partnership with ridesharing service Uber. The partnership will allow loyalty members to earn Starpoints for every Uber ride around the world. “This new partnership with Uber accelerates our SPG members’ drive to rewards and is just one more way that Starwood is combining high tech and high touch to transform … Read more