Gain a better understanding of the luxury market. Find out the latest news from the luxury business sectors – openings, launches, financial situations, buyings.
Giambattista Valli announced debut Milan flagship store. Italian designer Giambattista Valli is turning his eyes to the Italian fashion capital of Milan. With with two stores in Paris, Giambattista Valli’s first Italian store is located on 12 via Sant’ Andrea, at the ‘Quadrilatero della moda.’ The 130 sq m flagship on the luxury fashion district … Read more
Best Countries for Business: Forbes Magazine names Ireland as Best Country for Business. Ireland secured the number one spot in Forbes’ eighth annual Best Countries for Business list for the first time. Ireland’s pro-business environment and soaring stock market bumped up its ranking from last year’s sixth place. Forbes grades 145 nations in the following … Read more
Two distinct all-inclusive resort brands were opened by Hyatt luxury hotel group, owner of over 500 luxury hotels worldwide, in Mexico. According to Hyatt, the company aims to become an innovative actor in the luxury all-inclusive segment. The new “all-inclusive” packages will offer more flexibility and personalized services than in a typical resort in … Read more
The Loro Piana family and LVMH, the luxury giant which has in its stable luxury house like Louis Vuitton, Kenzo, Givenchy, Donna Karan, Marc Jacobs and Berluti, confirmed that the acquisition of 80% Loro Piana by the LVMH Group has received all final authorisations from the competent regulatory bodies, including the relevant competition authorities. Antoine Arnault … Read more
Italian luxury label Giorgio Armani opened its store in Saint Petersburg, Russia – a place entirely dedicated to the signature women’s and men’s apparel and accessories prêt-à-porter collections. Located inside of the prestigious Nevsky 152 Mall, the new Giorgio Armani boutique covers over 260 square metres spread across two floors. The same location hosts … Read more
The second Cheval Blanc hotel owned by LVMH has opened its doors, but it is accessible only by private hydroplane. LVMH brought its ultra-refined, contemporary vision of the French art of hospitality on the shores of Maldives. After the snow slopes of Courchevel, the new Cheval Blanc Randheli has welcomed its first guests in the … Read more