Gain a better understanding of the luxury market. Find out the latest news from the luxury business sectors – openings, launches, financial situations, buyings.
Expedia’s 2012 Vacation Deprivation Study Reveals Stark Differences in National Attitudes Towards Vacation Japanese, Koreans, Americans and Mexicans take fewest vacation days; French, Spanish, German and Brazilian workers take most, according to Expedia’s 2012 Vacation Deprivation Study. Asian workers continue to take the fewest vacation days. Japanese workers trail the field; the average Japanese … Read more
Carla Bruni-Sarkozy to preside over charity wine auction Corton Grand Cru – Cuvée Charlotte Dumay – Pièce du Président at the 152nd Hospices de Beaune wine sale Carla Bruni-Sarkozy, France’s former first lady, is be the president of the 152nd Hospices de Beaune wine sale, the auction of Burgundy wines hels annually and directed by Christie’s. The … Read more
A rare property that embodies the best of Spanish Colonial design signed by renowned architect Wallace Neff and once owned by some of the biggest names in Hollywood was sold for $16.5 million. The authentic Spanish Colonial revival property on North Roxbury Drive in Beverly Hills, was the home of several entertainment industry legends, including … Read more
IWC Schaffhausen inaugurates first Brazilian boutique The very first IWC boutique in all of South America was unveiled in São Paulo, the largest city in Brazil, the largest city in the southern hemisphere and Americas, and the world’s seventh largest city by population. The key attraction of the new store in the luxury shopping mall, … Read more
Hong Kong Derby, the thoroughbred horse race held annually since 1873, has a new title sponsor. BMW has replaced rival Mercedes-Benz in a new five-year agreement, financial details of which were not released. The race’s title sponsor cost Mercedes-Benz US$2 million, according to sportspro. The 2013 Hong Kong Derby, which is scheduled to take place … Read more
goviral reveals best 100 brands in branded content Prada, Burberry and Louis Vuitton – most powerful luxury brands in branded content in 2012 New social channels and the explosion of video content have opened up doors for brands to own the conversation with their audience and bypass traditional gatekeepers (and in the process save millions … Read more