Gain a better understanding of the luxury market. Find out the latest news from the luxury business sectors – openings, launches, financial situations, buyings.
Swiss watch brand IWC Schaffhausen launches Beijing flagship Swiss watch brand IWC Schaffhausen launched its Flagship Boutique in Beijing, China. The unveiling ceremony in the Parkview Green Mall was followed by the premiere of an IWC Portuguese Sidérale Scafusia dedicated to Beijing. “Our new Flagship Boutique, now the second in Asia, takes IWC’s watchmaking heritage … Read more
The Future is Green for Venture Capitalists, Market to Triple Frost & Sullivan estimates that the venture capital (VC) funding market for renewable energy (RE) will triple by 2020 due to positive regulatory policies, environmental support for lower carbon footprint, and innovation in RE technologies. New analysis from Frost & Sullivan, Venture Capital Funding in … Read more
Gucci Italian luxury brand celebrated the opening of a new flagship inside Taipei 101, Taiwan’s tallest tower. The store is the second for Gucci in the Taiwanese capital, but the first to stock the full Gucci line. The 9,720 square-feet flagship was designed by Gucci creative director Frida Giannini, who also designed limited-edition items like … Read more
Bang & Olufsen, the Danish manufacturer of high-end audio and video products, opened a new 2950 square foot showroom in Los Angeles, the fourth B&O store to open in Los Angeles and the first showroom to open with MIR Audio – a locally owned audio and video retail provider. The Bang & Olufsen MIR Audio … Read more
New casinos in Australia, the Philippines and South Korea are aimed at appealing to Chinese high rollers This is not a secret that casinos in the Australasia region are trying to emulate the glitziness of Las Vegas. These new casinos are modelled on those found in Macau, now home to the world’s biggest casino market. … Read more
New Madison Avenue Location with 2-Story Facade to Open in May 2013 Baccarat (founded in 1764), the French luxury brand renowned for high-end and exclusive crystal products, celebrates the brand’s upcoming 250th anniversary with a new flagship store in New York City scheduled to be open in May 2013. Located at 635 Madison Avenue at … Read more