Gain a better understanding of the luxury market. Find out the latest news from the luxury business sectors – openings, launches, financial situations, buyings.
2013 adult beverage trends The sweet wine trend continues, with varietals including Moscato showing up in table wines and in pink sparklers on menus, according to the Top 10 Adult Beverage Trends for 2013 issued by Technomic, a premier resource for actionable adult beverage information. Red blends also proliferate, delivering a range of flavor … Read more
The Ritz-Carlton, Chengdu, Ritz-Carlton’s first flag in Southwest China to open in summer 2013 The Ritz-Carlton, Chengdu, located in the heart of the capital of Sichuan province, will become the luxury hotel operator’s first flag in Southwest China, when it opens in summer 2013. China is already one of Ritz -Carlton’s most significant international … Read more
Roberto Cavalli‘s detailed exotic prints are now available in Romania. The Italian fashion house unveiled the brand’s first store in Bucharest, the capital of Romania. The store is located in the prestigious luxury gallery The Grand Avenue, within the JW Marriott Hotel, the focal point of Romanian fashion and style. The 150 square meters store … Read more
The combined opinions of more than 5 million dining reviews for more than 15,000 restaurants in all 50 US states and the District of Columbia forms “Top 100 Best Restaurants of 2012 in the United States” list issued by OpenTable restaurant reservations management solution. California restaurants earned 24 spots on the list, followed by New … Read more
“The need to travel is defying economic difficulties” One billion tourists have travelled the world in 2012, marking a new record for international tourism – a sector that accounts for one in every 12 jobs and 30% of the world’s services exports, according to World Tourism Organisation. “The need to travel is defying economic … Read more
A large portion of affluent Generation Y attains their wealth from their parents—but they may not be on track for it in the future, according to Digitas‘ study “Affluence in America: The Next Generation.” Affluent and Aspiring Children spend between two and four times their own income, due to access to their parents’ wealth.Many of … Read more