Gain a better understanding of the luxury market. Find out the latest news from the luxury business sectors – openings, launches, financial situations, buyings.
The global prestige beauty products brand Elizabeth Arden announced that it has made an investment in Red Door Spa Holdings, the operator of the Elizabeth Arden Red Door Spas and the Mario Tricoci Hair Salons privately owned by North Castle Partners. Elizabeth Arden has partnered with J.H. Anderson Holdings and its principal John Anderson, to collectively … Read more
Two new Hard Rock hotels to open in Shenzhen and Haikou, China Two new Hard Rock hotels will rock Shenzhen and Haikou, China, announced Hard Rock Hotels & Casinos chain that has a total of 179 venues in 54 countries around the world, including 140 cafes. Targeted to open in 2015, the hotels represent … Read more
The most expensive homes in China priced at US$47 million Villas at ThaiHot Mansion and Courtyards by the Canal, a property located in the suburbs of eastern Beijing developed by Beijing Taihe Real Estate Development Co., are the most expensive homes in China. “Prepared for the most successful people in all of China”, … Read more
World UHNW Population Loses US$480 Billion: Wealth-X Released World Ultra Wealth Report 2012-2013 The world’s ultra wealthy population grew by 0.6% to reach 187,380 and their combined wealth shrank by 1.8% to reach US$25.8 trillion, according to the latest edition of “World Ultra Wealth Report” released by Wealth-X, the ultra high net worth (UHNW) business … Read more
2012 set to be the best tourist season in Croatia’s history For the first eight months of 2012, Croatia had registered record tourism figures. “Based on the results achieved so far and announcements (for the rest of the year) this is the best tourist season in Croatia’s history,” said Tourism Minister Veljko Ostojic, adding that Croatia … Read more
Christopher Bailey announced Burberry 121 Regent Street, London, the new Burberry World Live Flagship Futuristic on-screen technology, bespoke digital signage on all floors and clever radio-frequency identification (RFID) were announced by Christopher Bailey at the new Burberry World Live Flagship on 121 Regent Street, London opened in time for London Fashion Week. The store of … Read more