Gain a better understanding of the luxury market. Find out the latest news from the luxury business sectors – openings, launches, financial situations, buyings.
“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
Celebrated chef Gordon Ramsay is set to open two restaurants on the Las Vegas Strip within a week of each other. Gordon Ramsay Pub & Grill will open Dec 18 at Caesars Palace and BurGR at Planet Hollywood Resort & Casino will open on open Dec. 22. Two restaurants from the same chef opening within … Read more
BMW and Boeing are known to pioneering the use of carbon fiber in their products. With the release of the BMW i3 in late 2013, followed later by the BMW i8, the BMW Group will bring two vehicles with a carbon passenger cell onto the market for the first time and Boeing’s 787 Dreamliner is … Read more
Wimbledon champion and world number one player Serbian Novak Djokovic bought up the annual supply of donkey cheese. According to thetelegraph, the entire annual production of the world’s most expensive cheese made from donkeys’ milk has been bought by the tennis player for his chain of Serbian restaurants. The cheese, known as pule, is made … Read more
ElectriCity initiative available in Rome Milano is taking a leading role towards a low carbon society. Hertz, one of the world’s largest general use car rental brand, has launched an ElectriCity initiative in Milan to provide Nissan LEAF electric vehicles for rent by the hour or day. The Nissan LEAFs can be rented from … Read more