Gain a better understanding of the luxury market. Find out the latest news from the luxury business sectors – openings, launches, financial situations, buyings.
Katara Hospitality to buy French luxury hotels Famed Martinez hotel in Cannes and Paris’ Concorde Lafayette Porte Maillot are now owned by an investor of Qatar. The hotel group Groupe du Louvre (US hotel group Starwood Capital) has indeed sold these two hotels to Katara Hospitality. Starwood Capital’s Groupe du Louvre will hold a meeting … Read more
The European Commission‘s high-level advisory board on the competitiveness of the European Fashion and Luxury Industries, that includes the CEOs of LVMH brands Dior, Thomas Pink, Emilio Pucci, and Le Bon Marche, had its second meeting with European Commission Vice President Tajani. At the meeting of the high-level advisory board announced that he would adopt specific … Read more
Harrods’ Central Hall on the Ground Floor is the new home for a new Louis Vuitton store. The impressive space houses a wide selection of luggage and scarves, in addition to areas devoted to exotic skins and a much-increased selection of handbags and accessories. Original stone columns and ceiling details in the space have been uncovered and restored … Read more
The rise in high net worth individuals in China and around the globe has also paved the way for the expansion of Starwood’s luxury brands, St. Regis, The Luxury Collection and W Hotels. Starwood Hotels & Resorts, one of the leading hotel and leisure companies in the world with 1,103 properties in nearly 100 countries, … Read more
As a favoured safe haven for wealth in the midst of the Eurozone storm, the United Kingdom is a focal point for many at present. Wealth-X, the global ultra high net worth individuals (UHNW) development solution, has released a report on the ultra high net worth (UHNW) population in the United Kingdom. Wealth-X estimates that there … Read more
Yves Saint Laurent is set for name change. When Hedi Slimane was appointed Yves Saint Laurent creative director a statement explained that the designer had been given “total creative responsibility for the brand image and all of its collections.” But the move of the new Creative Director raise eyebrows. Slimane hopes to bring Yves Saint … Read more