Gain a better understanding of the luxury market. Find out the latest news from the luxury business sectors – openings, launches, financial situations, buyings.
Global luxury goods sector remains resilient, despite tougher consumer market, according to a new Deloitte report. The world’s 75 largest luxury goods companies generated luxury goods sales of $171.8 billion through the end of last fiscal year (fiscal years ended through June 2013) despite a slowdown in the global economy. The average size of the … Read more
Celine unveils a new boutique at Avenue Montaigne. Céline opened the doors of its new boutique located at 53, Avenue Montaigne in the 8th district of Paris – a very airy space to delight in the new collections of the brand’s understated luxury style. An elegant blend of wood, marble and metal creates a privileged … Read more
For over 140 years, Chopard has embraced elegance, originality and individuality in its jewelry lines. Its jewelry collections include an array of designs that adorn celebrities around the world. From this year, “Happy Diamonds“, luxurious diamonds, necklaces and pendants will adorn Chopard’s first forray into the hospitality market. The famous jeweler have diversified its portfolio … Read more
As Frieze art fair opens in New York, our power primer traces the artists and dealers, celebrity collectors and oligarchs who make the art world go round
Katara Hospitality’s Excelsior Hotel Gallia in Milan is joining Starwood Hotels & Resorts Worldwide’s The Luxury Collection brand. Excelsior Hotel Gallia Milan, owned by Katara Hospitality global hotel owner, will open this November following an extensive renovation. The internationally-renowned hotel will also join Starwood Hotels & Resorts’ Luxury Collection portfolio. The opening will mark The … Read more
Attitudes are changing in China, but western export hopes are pinned on a swelling middle class embracing its inner consumer