Gain a better understanding of the luxury market. Find out the latest news from the luxury business sectors – openings, launches, financial situations, buyings.
Johnny Coca to take over the reins of Mulberry. British heritage brand Mulberry names Johnny Coca as new creative director. British luxury leather goods and fashion house Mulberry announced the appointment of a new Creative Director, Johnny Coca, a leading international fashion and luxury designer. Coca has the mission to end Mulberry’s low profit margins from … Read more
JW Marriott to Open Unique Luxury Private Island Resort in Venice. The new private island resort in Venice to boast largest spa in the city. JW Marriott luxury hospitality chain announced plans to open its first Italian hotel in Venice and first resort in Europe in March 2015. The new luxury property aims to bring … Read more
Wealth patterns among the top 5% of African-Americans. The top 5% of African-Americans invest a greater proportion of their wealth in lower- volatility assets relative to a white comparison group, including insurance, savings bonds and CDs, according to Credit Suisse‘s latest study “Wealth patterns among the top 5% of African- Americans.” The study also shows … Read more
The Richest US States and Cities by UHNW Population. California is the state with the highest number of ultra wealthy individuals in the United States, according to the Wealth-X Special Report on America’s Ultra Wealthy Population. New York City maintained its status as the city with the largest ultra wealthy population in the United States … Read more
The Silver Pearl Hotel, Doha, Qatar is the newest world-class hotel and conference/expo center proposed for the upcoming 2022 FIFA World Cup in Qatar. The Silver Pearl Hotel calls for a 1000 plus room luxury property to be located 1 1/2 kilometer off shore near Doha. The name of the hotel refers to a structure … Read more
Luxury Retailers are thriving throughout top global markets, according to Colliers International‘s latest global retail report. Among the top 10 global retail rents for the year (per square foot in USD), New York’s Fifth Avenue is the pinnacle, with NYC’s Madison Avenue also on the list, while Hong Kong holds three spots. The list is … Read more