Gain a better understanding of the luxury market. Find out the latest news from the luxury business sectors – openings, launches, financial situations, buyings.
USA’s Most Expensive Hotel Located in Montana The Ranch at Rock Creek, located close to the historic mining town of Philipsburg, Montana, is the most expensive hotel in the USA. That’s according to a recent survey conducted by Luxury-Hotels.com. The survey specifically compared luxury hotels in the USA for the period spanning June through … Read more
Chinese luxury spend Set to accelerate Asian ultra high net worth (UHNW) individuals wealth is expected to grow by 7.9% annually for the next five years with China contributing to the bulk of this growth, according to the Wealth-X World Ultra Wealth Report 2012- 2013, a provider of detailed intelligence on ultra high net worth … Read more
My midget, my rabbit, my doe, my poppet, my hen, my quail, ma cocotte… After designing popular chain restaurant Paradis du Fruit, Le Royal Monceau, Café la Cigale and Mori Venice Bar all in Paris, designer Philippe Starck opened the doors of its own restaurant in Paris’ Saint Ouen flea market, one of the biggest … Read more
Jennifer Aniston became co-owner and hair care spokesperson in the Living Proof, a beauty company founded by world-renowned Biotech and Medical Scientists, a venture capital firm which “supports the translation of scientific discoveries into meaningful products”. According to the company, Aniston will actively help build the Living Proof hair care business. The actress’ role will … Read more
Digital IQ Index: Watches & Jewelry 2012 edition For the second year in a row, Tiffany & Co. has earned the top position in L2’s “Digital IQ Index: Watches & Jewelry” ranking, a study which benchmarks the digital competence of 47 prestige Watches & Jewelry brands across four dimensions: site, digital marketing, social media, and … Read more
Interparfums and Burberry announce transition agreement Burberry fragrance and beauty business will be operated by the Burberry luxury house. Interparfums, the curent fragrance and beauty partner, will continue operating the business for Burberry until March 31, 2013, at which time the business will be turned over to Burberry. Inter Parfums announced that with regard to … Read more