Gain a better understanding of the luxury market. Find out the latest news from the luxury business sectors – openings, launches, financial situations, buyings.
Armani to open a London outpost of Armani Hotels Following Armani fashion house’s success with hotels in Dubai and Milan, the luxury brand is rumored to be looking into luxury hotel in London landmark. The iconic London’s Admiralty Arch will be turned into a £100 million hotel with 100 rooms designed floor to ceiling by … Read more
L2 Releases Inaugural Intelligence Report: Mobile “M-influence” to Replace “M -commerce” in business lexicon 23% of Google Searches for prestige brand terms originate from a mobile device (up from 14% last year), signaling a dramatic shift in device traffic for the brands reviewed, according to L2’s Inaugural “Intelligence Report: Mobile”. Although consumer usage of mobile … Read more
Famed Monégasque chef Alain Ducasse, which operates a number of restaurants including Alain Ducasse at The Dorchester, opens his first chocolate boutique in Paris. Le Chocolat Alain Ducasse, a 30-year-old dream for the Michelin-starred chef, is located in the heart of Bastille and will offer a bean-to-bar chocolate shop experience. From cacao beans roasted on-site … Read more
How business travelers spend free time on the road During their waking hours, business travelers frequent the hotel restaurant or bar with colleagues more than other activities. Aside from sleeping, which, not surprisingly, is the activity that occupies the largest share of travelers’ time at a hotel, hanging out at the hotel bar or restaurant … Read more
Fendi luxury house (launched in 1925 by Edoardo and Adele Fendi) inaugurated a new store in the Tuscan city of Florence. The fashion house’s latest location is on the popular via Tonabuoni, spanning nearly 200 square meters covering both floors of a 15th-century palace. The upper level of the store has an installation-sculpture by Jacopo … Read more
LVMH announces new Bulgari’s CEO French luxury conglomerate LVMH, owner of leading luxury brands like Bulgari, Louis Vuitton, Chaumet, Hublot, Zenith, De Beers Jewelry, Givenchy, Fendi, Marc Jacobs and Berluti, among others, announced the appointment of Jean-Christophe Babin as Chief Executive Officer of the Bulgari luxury brand which belongs to the Watch and Jewelry Division … Read more