Gain a better understanding of the luxury market. Find out the latest news from the luxury business sectors – openings, launches, financial situations, buyings.
Premium and high-end car manufacturer Mercedes-Benz is breaking new ground by entering the premium travel business with Mercedes-Benz Travel, being the first automotive brand entering the international market for premium travel services. The Stuttgart automaker presented its new “Mercedes-Benz Travel” brand in Shanghai. The first market for this new business concept will be China, … Read more
Sports used to be a healthy diversion for us. The amateur status was held in high esteem based on the ethos sana in corpore sano, meaning “a sound mind in a sound body.” In sports, professionalism was frowned upon. Somewhere along the line all that changed. Sports became big business. In 1968 the major tennis … Read more
Alexandra Harper Millinery Opens London Boutique Studio In Islington. Alexandra Harper’s luxury headwear are now available in a dedicated London boutique. Following a successful foray into e-commerce, leading London-based milliner has opened shop in Islington. Positioning her in the middle of one of London’s most fashionable areas, the new store showcases Alexandra’s luxury one-off … Read more
Marriott hospitality chain opened North America’s tallest hotel in New York City, a combined 378-room Courtyard hotel and 261- suite Residence Inn hotel in Midtown Manhattan. The $320 million tallest single-use hotel in North America is located at 1717 Broadway. Built and owned by G Holdings and managed by Interstate Hotels & Resorts, the … Read more
Chinese consumers still love luxury goods, love Burberry and prefer to buy their items abroad, according to “Luxury Purchase Power” survey by Chinese news site iFeng quoted by jingdaily. This year, Burberry topped the list of favorite brands and was followed closely by Chanel, Gucci, Louis Vuitton, Prada, and Dior. This reflects overall trends … Read more
Alexander McQueen brand to open Dubai boutique. From February 14, McQ, the diffusion line of the iconic British brand Alexander McQueen, will have its first store in the Emirates. The Dubai boutique will open at Dubai’s Mall of the Emirates and will present Alexander McQueen’s structured tailoring, the nipped-in waist and tartan. Prices for the … Read more