Gain a better understanding of the luxury market. Find out the latest news from the luxury business sectors – openings, launches, financial situations, buyings.
Most expensive cities in the world; Australian cities remain among the most expensive in the world for expatriates despite smaller price increases this year Tokyo, Osaka and Sidney are the most expensive cities for cost of living, according to the latest Cost of Living survey from ECA International. Over the past three years, Asian locations … Read more
Dior opens first boutique in Australia Following in the footsteps of Louis Vuitton, Prada, Chanel, Gucci, Salvatore Ferragamo, Canali, Miu Miu, and Bottega Veneta, French luxury fashion house Christian Dior opened its first boutique in Australia. Designed in the style of a grand Parisian apartment, Dior’s first Australasian flagship boutique set up in Sydney replicates … Read more
Paul Smith Junior, Little Marc Jacobs, Junior Gaultier, Tommy Hilfiger, Rachel Riley and Munster Kids will present the latest creations at first ever Global Kids Fashion Week. The event will debut in London from March 19 – 20. The event celebrates childrenswear and its evolution over the past five years. “Kids’ fashion is playful, fun and … Read more
LVMH and partners to build one of the largest luxury malls in the UAE In 2011, French luxury goods conglomerate LVMH announced the intention to enter in the hospitality sector with the opening of a 45-villa Maison in the Maldives. 2013 will see LVMH embarking on the ambition plans. A 168,000 square metre mall on … Read more
Lancôme Announces Partnership With Visionary Jason Wu Celebrated fashion designer, Jason Wu and Lancôme, one of the world’s leading luxury beauty brand, teamed up to create a new color cosmetics line that will hit stores in September. The news comes a month after Lanvin designer Alber Elbaz announced a collaboration with Lancôme on his first … Read more
Mexican Billionaires Beat Brazilians In Wealth: Wealth-X Unveils Top 10 Wealthiest Latin Americans List With a net worth of US$78.9 billion, Carlos Slim remains at the top of the list of the Wealthiest Latin Americans. Coming in second is Jorge Lemann, co-founder of 3G Capital, with a net worth of US$19.2 billion. Alberto Bailleres … Read more