Gain a better understanding of the luxury market. Find out the latest news from the luxury business sectors – openings, launches, financial situations, buyings.
PPR acquires a majority stake in the Chinese fine jewellery brand Qeelin PPR group is increasing its portfolio of luxury brands in the jewellery segment and its presence on the Chinese market by acquiring a majority stake in the Chinese fine jewellery brand Qeelin. The transaction should be finalized in January 2013. Launched in 2004, … Read more
Luxury footwear designer Christian Louboutin unveiled the fourth menswear-only shop in the world, this time in London. After Paris in September 2011, New York in August 2012, and Los Angeles, Christian Louboutin’s men’s boutique arrived on London’s Dover Street, close to the women’s flagship on Mount Street. The first Christian Louboutin store dedicated to men … Read more
The Luxury Collection Hotels & Resorts debuts Twelve at Hengshan in Shanghai The Luxury Collection Hotels & Resorts unveiled the much-anticipated Twelve at Hengshan on the renowned tree-lined Hengshan Road, one of the most historic and fashionable areas of Shanghai. This newly built residential-style urban retreat joins the legendary Astor Hotel in Tianjin, The Royal … Read more
Revamped Fantasyland Orlando opened for public The largest expansion in the history of the Magic Kingdom at Walt Disney World Resort Walt Disney once promised that Disneyland would never be complete as long as there is imagination left in the world. As a result the parks are always expending. The New Fantasyland unveiled in December … Read more
Four Seasons Hotels and Resorts Announces New Resort in Turkey’s Cesme Peninsula Four Seasons Hotels and Resorts announced plans for a new resort property in Cesme, near Alacati, expected to open in 2016. The picturesque Aegean town, located on the coast of Turkey’s Izmir province, has long been a favourite of the Turkish elite drawn … Read more
Cost Comparison of Popular Ski Destinations in the U.S. and Canada With a total of $802, Vail, Colorado is the most expensive destination in this year TripAdvisor’s TripIndex Ski, a cost comparison of 25 popular ski destinations throughout the United States and Canada. Aspen, Colorado was the second most expensive spot registering at $717. … Read more