Gain a better understanding of the luxury market. Find out the latest news from the luxury business sectors – openings, launches, financial situations, buyings.
Get close to wildlife: Four Seasons Sets Up Camp in Tanzania’s Serengeti National Park; Lodge is First of Three Launching Brand’s Sub -Saharan Expansion Four Seasons Hotels and Resorts expand into Sub-Saharan Africa and offer new outdoor adventure experiences in Tanzania’s Serengeti National Park, UNESCO World Heritage Site. Four Seasons has signed a long … Read more
Retailers cash in on luxury goods boom as sales at airports outstrip other outlets
Branson family to make first trip on space tourism programme 528 people have been into space since Yuri Gagarin’s historic first mission. Richard Branson announced that Virgin Galactic will have 529 future astronauts signed up to join Virgin in space. British tycoon said that he and his family will be the first on board the … Read more
Catterton Partners Completes Investment In Baccarat luxury crystal company Catterton Partners private equity firm, and Groupe du Louvre, an affiliate of global investment firm Starwood Capital and the majority shareholder of Baccarat, announced the completion of Catterton’s previously announced investment in Baccarat. The French luxury brand internationally renowned as a leader in high-end and exclusive … Read more
No more luxury items, goods or commodities above certain standards in the Chinese government agencies. The Chinese government promulgated a new regulation designed to reduce administrative costs for government and public institutions, informed xinhuanet. The regulation explicitly prohibits government agencies from purchasing luxury items, goods or commodities, as well as defines a frugal working style … Read more
Qatar Holding says it will open Harrods hotels in cities such as Kuala Lumpur, New York and London, as well as China