Gain a better understanding of the luxury market. Find out the latest news from the luxury business sectors – openings, launches, financial situations, buyings.
Etihad Airways brings momentous year to a close with spectacular A380 and B787 launch in Abu Dhabi. Etihad Airways, the national airline of the United Arab Emirates, has capped an incredible 12 months by unveiling its first Airbus A380 and Boeing 787 aircraft . The doors to the airline’s two new flagship aircraft – in … Read more
Creative Director Frida Giannini and CEO Patrizio di Marco to step down from Gucci – Marco Bizzarri appointed CEO. Kering luxury group, owner of Alexander McQueen, Balenciaga, Brioni, and Gucci, announced that the CEO of Gucci, Patrizio di Marco, will leave the company on 1 January, 2015. He will be succeeded by Marco Bizzarri. The Creative Director … Read more
Louis Vuitton Montaigne Store reopened. An epic address returns: the Louis Vuitton Montaigne Store has re-opened at 22, Avenue Montaigne in Paris in a new revamped version by architect Peter Marino. Peter Marino imagined an elegant Parisian apartment with an in-house concierge to cater to clients’ requests. For the first time in France, Louis Vuitton’s … Read more
The 2015 Gold List by Conde Nast Traveler. Like travel itself, the best hotel experiences often can’t be measured by a point system— they’re as ineffable as memory itself. Conde Nast Traveler unveiled its newly reinvented Gold List. For the first time ever, the 2015 Gold List was hand selected by Conde Nast Traveler editors, writers, … Read more
The Biggest Gainers And Losers Of 2014. Wealth-X study. According to Wealth-X, the biggest gainer of 2014 was Alibaba founder and executive chairman Jack Ma, the former English teacher-turned billionaire entrepreneur. Ma’s fortune swelled by US$18.5 billion this year to US$29.2 billion, representing an increase of 173%, largely due to Alibaba’s blockbuster IPO in September … Read more
The first Luxury Collection Hotel to open its doors in a ryokan-style accommodation. Kyoto (Japan) is a city steeped in tradition with numerous historic palaces, temples and shrines. In this well-established hospitality industry, with limited supply and few new developments at the high-end of the market, Starwood Hotels & Resorts announced will debut the … Read more