Selfridges accused of failing to deliver luxury bag due to ‘risk’
Customer claims the upmarket store refused to deliver the Mulberry bag because of her south London address
Business
Gain a better understanding of the luxury market. Find out the latest news from the luxury business sectors – openings, launches, financial situations, buyings.
Why sustainability professionals need to show more compassion
It is by first finding peace in ourselves that we can best encourage companies away from their destructive tendencies
The most expansive shopping experience in Dubai
Dubai aims to compete with Rodeo Drive in Beverly Hills, The Croisette or Champs Elysees in Paris in terms of shopping experiences. Luxury real estate developer, DAMAC Properties has announced the development of AKOYA Drive, one of the longest shopping strip experiences in Dubai. Similar in length to ‘The Walk’ at Jumeirah Beach Residences (JBR), … Read more
Top 10 luxury brands make exclusivity a priority over ubiquity in 2014.
Consumers felt entitled to buy luxury again. Top 10 luxury brands The value of top 10 luxury-goods brands surged 16 percent to $111 billion, according to the 2014 BrandZ study published by research company Millward Brown. The luxury category brand value rose 16 percent, following a 6 percent rise a year ago.The strong performance illustrates both … Read more
Richard Branson’s dream of commercial space flights a step nearer reality
Richard Branson’s Virgin Galactic is a step nearer to make space tourism a reality. The company announced it is going through the final stages of proving its space vehicles for commercial service. Virgin Group and Abu Dhabi’s aabar Investments PJS, and Spaceport America announced that they have signed a joint agreement with the Federal Aviation … Read more
The purchasing behavior of high net-worth consumers. Report
Affluent consumers are more likely to purchase a lifestyle property now than they were five years ago. “If the top wishes of wealthy Americans could be expressed in a single dream home, it would be a “lifestyle property” on the waterfront with a multicar collector’s garage, which they designed themselves,” says the just-released Sotheby’s International … Read more