Gain a better understanding of the luxury market. Find out the latest news from the luxury business sectors – openings, launches, financial situations, buyings.
Hyatt hospitality chain expands its brand presence in Germany, while at the same time, restoring a local icon to once again enjoy. A 16th century castle in Baden-Baden, located in southwestern Germany will host from 2018 a a Hyatt-branded hotel. Neues Schloss Baden-Baden, a Hyatt Hotel will be the seventh Hyatt-branded hotel in Germany, joining … Read more
The ancient Chinese philosophy is experiencing a renaissance as big corporations use its principles in the digital space
Target and Altuzarra announce fall Collaboration. The Altuzarra fashion house is celebrated for embodying a combination of French sophistication and American ease, appealing to refined, independent women. This fall, Altuzarra’s aesthetic arrives at Target. The collection features a mix of iconic Altuzarra silhouettes with designs created specifically for Target. It includes nearly 50 items. “As … Read more
Burberry to launch skincare division. Building on the success of Burberry cosmetics line launched in 2010, the British fashion house announced a future line of skincare products. The luxury label follows into the footsteps of Gucci house, which also announced a beauty forray. Creative director Christopher Bailey appeared in his debut public address since also taking … Read more
The luxury market has pushed prices ever higher – but few women can afford £1,000 handbags. How did one designer bring things back within reach?
A Florida pastor has been jailed for trying to sell fake paintings by the British artist. But why does the art world give Hirst’s talentless artworks any financial value at all?