Gain a better understanding of the luxury market. Find out the latest news from the luxury business sectors – openings, launches, financial situations, buyings.
Viennese tourism industry announces its best year ever. Gustav Klimt helped Vienna enjoy a record year for tourism in 2012 Thanks to the events marking the 150th anniversary of the birth of painter Gustav Klimt, a key figure of Vienna’s art scene, Vienna saw a record number of overnight stays in 2012 – in total, … Read more
Top-ranked artists of 2012: Warhol, Picasso and Richter Top-Selling Artists of the year Warhol, Picasso and Richter are the “top-selling artists for 2012“, according to Artnet, an internet-based resource for the international art market. Art is a business whose numbers are carefully counted each year. Which artists performed best at auction last year? Take a look … Read more
Top Halal Friendly Holiday Destinations for 2013 Malaysia has been rated the world’s top Muslim-friendly holiday destination according to Singapore-based Muslim travel consultancy Crescentrating. “Top Halal Friendly Holiday Destinations for 2013” ranking has been done based on Crescentrating‘s view of it being a good holiday destination for 2013 and the level of Halal food availability, … Read more
Porcelanosa Unveils New Design For Flagship NYC Showroom Porcelanosa, a global manufacturer of luxury tile, kitchen and bath products, unveiled new design for flagship NYC showroom in the Commodore Criterion building in Midtown Manhattan. With the interior demolition complete, Pocelanosa has confirmed the opening is scheduled for spring 2014. “As a staple of New … Read more
The PPR Group and Christopher Kane enter into a partnership The Scottish young designer, Christopher Kane has seen French luxury group PPR (owner of Balenciaga, Alexander McQueen, Stella McCartney, Saint Laurent and Italian brand Gucci) invest in his label. PPR acquires 51% of the luxury designer brand. PPR will enable the Christopher Kane brand to … Read more
Swatch Group acquires the jewelry and watch brand Harry Winston The Swatch Group acquired 100% of the shares of the Harry Winston luxury jewelry and watch brand. The Swatch Group acquired the brand and all the activities related to jewelry and watches, including the 535 employees worldwide and the production company in Geneva (Switzerland). The … Read more