Category: Business
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Number of ultra-rich swells to almost 173,000
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
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Coach’s first Paris flagship store to be opened on Rue Saint- Honoré
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…
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Starwood ushering in the next generation in travel rewards
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…
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Information, convenience and entertainment key for luxury brands
With technology changing the way we shop so significantly, luxury retailers will have to adapt their approach to stay relevant
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Michael Kors’ largest store in the world
New York City is Michael Kors‘ home and the source of inspiration as a designer. It’s no surprise the fashion designer opened the brand’s largest global store in SoHo, offering a full range of men’s wear. The store features multiple milestones for the luxury lifestyle brand: the debut of the men’s collection in the brand’s…
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How concerned are CEOs about climate change? Not at all
In an annual PwC survey of chief executives, global warming didn’t even make the list of key concerns or priorities, falling far below regulation and taxation