Gain a better understanding of the luxury market. Find out the latest news from the luxury business sectors – openings, launches, financial situations, buyings.
New York City’s Most Expensive Luxury Hotel Is the St. Regis The St. Regis Hotel, Mandarin Oriental and Four Seasons are the most expensive hotels in New York City, according to a new survey from NewYorkHotels.org. The study compared the hotel rates of all luxury hotels in NYC over the past 12 months. The … Read more
Travel continues to flourish, fuelled by travellers from emerging markets United States ranked as the most popular destination choice for global travelers The United States ranked as the most popular destination choice for global travelers, both for trips taken in the past two years (17 percent) and for intended travel in 2013 (10 percent), according … Read more
2luxury2’s team at Baselworld 2013. The leading show for the watch and jewellery industry BASELWORLD, opened in Basel on Thursday, April 25, 2013 presenting the innovations and trends of the industry. The fair proudly unveiled a new mega hall complex designed by Basel architects Herzog & de Meuron, a giant brand book – a premiere … Read more
Kering (PPR group) is extending and reinforcing its portfolio of luxury brands in the high growth jewellery market with the acquisition of a majority stake in the Italian Pomellato group. Pomellato, whose 2012 revenues reached €146 million, is one of Europe’s major jewellery groups,with a strong international position. The company’s success is based on the … Read more
As the death toll resulting from yesterday’s collapse of a clothing factory in Bangladesh approaches 250, and at least 1000 people receive treatment in area hospitals, New Luxury founder Creezy Courtoy has repeated her calls for the fashion industry to take a hard look at its ethical positions. “The fashion industry’s manufacturing practices are one … Read more
Toyota To Build Lexus ES 350 At Its Georgetown, Kentucky Plant Lexus is bringing the production of luxury sedans back to where the brand was born. For the first time, a Lexus vehicle will be produced in the United States. The Lexus ES 350 will be assembled at Toyota Motor Manufacturing, Kentucky (TMMK) in 2015. … Read more