Gain a better understanding of the luxury market. Find out the latest news from the luxury business sectors – openings, launches, financial situations, buyings.
Beverly Hills: Breguet makes Rodeo Drive whirl. Luxury watch brand, Breguet, reopened its doors to the Beverly Hills boutique after a major renovation. Opened in 2006, Breguet Boutique Beverly Hills is located at the heart of Rodeo Drive and is the first store in the U.S. to be outfitted with the brand’s new … Read more
Around the world, the retail market rebounded in the first half of the year, with international and luxury brands expanding to new markets and high street properties growing in popularity, according to a new report from Colliers International. The 2013 Global Retail Highlights Report indicates increasing sales around the world, growing rents in highly coveted … Read more
Euromonitor International’s latest research on the global luxury goods market indicates another solid year’s performance for 2013. Driven mainly by strength in emerging economies, overall retail growth is set to be stronger than in 2012, with luxury goods sales to exceed US$318 billion worldwide. This will represent a year-on-year real value gain of over 3% … Read more
Top 20 List of Luxury Homes Sales of $10 Million and Up. Aspen, Colorado is the only non-coastal real estate market in the U.S. to make the top 20 list of ZIP codes with the most luxury real estate closed sales (16) over $10 million for the last 12 months ending June 30, 2013, according … Read more
New luxury hotel brand launches out of London. An ambitious plan of glh (Global Hotel Company) hopes to put the squeeze on well-established luxury brands like the Mandarin Oriental, the Ritz-Carlton, and The Four Seasons. The London-based global hotel subsidiary of the Singapore-listed GuocoLeisure Group, announced the launch of a new luxury hotel and private … Read more
LARTE comes to Milan: Italian dining and hospitality inspired by Altagamma. Altagamma (Associazione Italiana delle Industrie di Alta Gamma), the body of luxury brands of Italy, opened a concept store dedicated to the contemporary Italian lifestyle through the culinary excellence, the arts, design and fashion. Larte store in the heart of Milan is developed by … Read more