Gain a better understanding of the luxury market. Find out the latest news from the luxury business sectors – openings, launches, financial situations, buyings.
Chinese buying more luxury goods at home: survey Chinese shoppers are increasingly buying luxury goods in mainland China, turning away from high-end stores abroad and in Hong Kong, according to a poll by market research firm Ipsos, cited by AFP. The poll found that Chinese buyers preferred to shop on the mainland for luxury … Read more
LVMH Moët Hennessy Louis Vuitton, the world’s leading luxury products group, recorded revenue of €13 billion in the first half 2012, an increase of 26%. Organic revenue growth was 12%. “All business groups contributed to this performance, which is even more remarkable coming on top of the strong growth in first half of 2011. The … Read more
Benetti’s Diamonds are Forever – the largest yacht ever to be on display at Cannes Boat Show This year’s Cannes Boat Show will have the largest yacht ever to be on display at the show and the longest of the entire 35 years history of the Boat Show. We talk about the impressive 61 metre … Read more
China to build first large luxury cruise liner China aims to boost the tourism of its coastal Xiamen city, by building its first large luxury cruise liner. Xiamen is seen as a future shipping hub in southeast China, leading the economic growth of the region. The Southeast China International Shipping Center package includes 10 … Read more
Rising 103 stories above the Pearl River, the new Guangzhou International Finance Center (GZIFC) building’s top 30 floors are home to the the 88th Four Seasons’ property – Four Seasons Hotel Guangzhou. Known to centuries of western traders as Canton, Guangzhou is China’s third largest city, located 120 kilometres (75 miles) upriver from Hong Kong … Read more
World’s best hotels selected by Travel+Leisure magazine readers US-based Travel+Leisure Magazine asked its readers to answer a questionnaire developed by its editors from December 1, 2011, to March 31, 2012. The results of the 17 the annual Travel + Leisure World’s Best Awards survey revealed readers’ favorite hotels, cities, islands, cruise lines, airlines, car-rental agencies, … Read more