Gain a better understanding of the luxury market. Find out the latest news from the luxury business sectors – openings, launches, financial situations, buyings.
British Shoe Designer Nicholas Kirkwood to be part of LVMH luxury giant LVMH Moët Hennessy Louis Vuitton luxury conglomerate added British Sshoe designer Nicholas Kirkwood to his stable of luxury brands that includes Moët & Chandon, Dom Pérignon, Louis Vuitton, Céline, Loewe, and Kenzo, among many others. The new partnership will allow Nicholas Kirkwood designer … Read more
More young money enters the real estate market. A new survey by Coldwell Banker Previews International and the Luxury Institute finds that Wealthy younger buyers are driving the luxury real estate market, and they are willing to pay more than similar wealthy buyers age 55 and older. According to the survey of Americans age 21 … Read more
In August, Stawood Hotels & Resorts unveiled the largest hotel suite in the United Arab Emirates (St. Regis Saadiyat Island Resort). Two months later, the luxury hospitality group announced the debut of St. Regis Abu Dhabi – the brand’s second hotel in Abu Dhabi boasting the world’s highest suspended hotel suite. The 11,600-square foot (1,078-square … Read more
U.S. wine consumption continues to shine led by sweet wines, un-oaked chards and red blends. U.S. wine industry grew 1.9% last year to reach 318.0 million 9-liter cases, according to The Beverage Information Group‘s recently released 2013 Wine Handbook. As the economy continued to stabilize in 2012, wine consumption increased for the 19th straight year. … Read more
The World’s Highest-Paid DJs Highest-paid DJs are earning more than ever, according to Forbes‘ list of the world’s highest-paid DJs. With $46 million and 70 shows over a two-year period, Calvin Harris earned more than Jay-Z or Katy Perry this year. Harris tops Forbes’ list of “Highest- Paid DJs”, while the Dutch-born DJ Tiësto goes … Read more
Sultan of Brunei’s luxury group bought Eden luxury hotel in Rome. Dorchester Collection, the luxury hotel group controlled by the sultan of Brunei, announced it has bought Rome’s landmark Hotel Eden from Britain-based Starwood Hotels & Resorts. Hotel Eden is one of the world’s most majestic and iconic hotels in a superb setting in central … Read more