Gain a better understanding of the luxury market. Find out the latest news from the luxury business sectors – openings, launches, financial situations, buyings.
Travelers Prioritize Value Over Comfort; U.S. Air Travel Set To Increase in 2013 Air travel plans are on the rise for Americans as 91 percent intend to take a domestic flight at least once in 2013, up from 86 percent who said they flew domestically last year, according to the results of TripAdvisor’s annual air … Read more
Audi luxury SUVs met a significant boost in demand in February, as the Audi Q7 more than doubled its sales with a 147% sales gain, and the Audi Q5 registered 57% higher sales. The Q5 crossover vehicle now ranks as the best-selling model in the brand lineup, announced the manufacturer of German-engineered luxury vehicles. Audi … Read more
The first Karl Lagerfeld store opened its doors in Paris with the unveiling of the first line of Lagerfeld’s watches and an immersive digital experience. Located in the heart of St Germain des Près in Paris, the new concept store occupies two floors, totaling over 2,150-square feet. Fashionistas will have fashion collections, but also a … Read more
Survey: U.S. Companies Optimistic Despite Slowing China Economy China’s transitioning market, having largely moved away from the low-cost export model that once drove U.S. business strategies in China, according to AmCham Shanghai’s 2012–2013 China Business Report. U.S. companies in China continue to report strong financial performance and rank China as a top global investment destination. … Read more
Delta Air Lines to Offer Westin Heavenly In-Flight Bedding Delta Air Lines intends to revamp the in-flight sleep experience by offering Westin Heavenly In-Flight bedding, designed and manufactured exclusively for Delta, in all of its BusinessElite cabins throughout the world. The new Westin Heavenly In-Flight bedding will be available on BusinessElite International flights beginning in … Read more
Forbes Travel Guide: 55th year of rating and recommending the world’s best travel experiences Forbes Travel Guide unveiled its 55th annual listing of Star Award-winning hospitality establishments worldwide. Marking the latest installment of the travel ratings system that has been the gold standard in the hotel industry since 1958, the new awards list includes the … Read more