Gain a better understanding of the luxury market. Find out the latest news from the luxury business sectors – openings, launches, financial situations, buyings.
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
The average entry price for a luxury single-family home starts at $2 million in Toronto and Calgary, $2.8 million in Vancouver and $3.5 million in Montreal, according to the Top Tier Trends Report: A Comparative Survey of Canada’s Luxury Real Estate Market realesed by Sotheby’s International Realty Canada. The report goes on to uncover the … Read more
With an eclectic list of interests united only by a belief in investing for the long term, the emirate’s sovereign wealth fund is being taken seriously at last