Gain a better understanding of the luxury market. Find out the latest news from the luxury business sectors – openings, launches, financial situations, buyings.
Perfume-makers fear EU legal blow to industry The European Commission wants to introduce new laws restricting the use of natural perfume ingredients linked to allergies. The EU estimates 1-3 percent of people in Europe are allergic or potentially allergic to ingredients found in perfumes – a number it considers high enough to justify concern. “All … Read more
Alexander McQueen comes to Savile Row The highly-anticipated Alexander McQueen’s first Flagship Menswear store on Savile Row, London is the home to the largest McQueen menswear offering in the world. The new store concept was conceived by Sarah Burton and Alexander McQueen and realised together with David Collins Studio. “Lee really wanted a shop on … Read more
2012 Digital IQ Index: Beauty and Skincare study L2 think tank released the fourth annual Digital IQ Index: Beauty. This year’s study benchmarks the digital competence of 56 prestige Beauty brands across four dimensions: site, digital marketing, social media, and mobile. Based upon more than 900 data points, brands are classified into five categories: Genius, … Read more
New York-based restaurant consultancy group Baum + Whiteman has released its list of 17 hottest food and dining trends for restaurants & hotels in 2013. Upscale donuts, Gochujang, Quinine syrup, Shiso or Charred octopus tentacles are the foods the world will be hearing a lot more of next year. Here is the food trendspotting … Read more
Top 10 Wealth Density Countries Monaco Tops First Ultra High Net Worth Wealth Density List While 60% of the top 10 Wealth Density Countries are in Europe, a surprising 30% are located in Asia. Traditional wealth centres dominated as Monaco took top spot with 55 UHNWIs to be found per 10,000 citizens. The dominance continued … Read more
Patek Philippe Maison Opening in Shanghai A new space to share views and knowledge of fine timepieces opened its doors in Shanghai. Swiss watch company Patek Philippe inaugurated first boutique in Shanghai in 2005, now to be replaced by the first Maison Patek Philippe, and of a second Boutique in Beijing in 2008. Covering an … Read more