Gain a better understanding of the luxury market. Find out the latest news from the luxury business sectors – openings, launches, financial situations, buyings.
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
PPR and Yoox to launch Stella McCartney e-store PPR’s Stella McCartney e-store has been added to Yoox portfolio, the global Internet retailing partner for leading fashion & design brands. The joint venture agreement already includes Bottega Veneta, Yves Saint Laurent, Alexander McQueen, Balenciaga and Sergio Rossi. The Stella McCartney online store will be launched globally … Read more
After winning over Beijing and Shanghai, Boucheron house, also known as “the jeweller of light in the City of Lights”, attempts to seduce a new Asian clientele. The luxury brand opened a Hong Kong concept store located on Hong Kong’s Pedder Street. The new 850 square feet showroom was inspired by the luminosity theme, so … Read more
Aston Martin relaunches itself in Dubai with a new state of the art showroom in Downtown Dubai, near the Burj Khalifa tower, a sign of UAE’s luxury market importance. The luxury showroom is situated opposite Dubai Mall and the Burj Khalifa, the brand expecting UAE sales to pick up further in 2013. “We already have … Read more
PPR luxury group selling its American plus-size clothing business PPR announces that Redcats has entered into a definitive agreement to sell OneStopPlus Group, its plus-size business in the United States, to Charlesbank Capital Partners and Webster Capital for an enterprise value of USD 525 million. OneStopPlus Group consists of the OneStopPlus.com, Woman Within, Roaman’s, … Read more