Gain a better understanding of the luxury market. Find out the latest news from the luxury business sectors – openings, launches, financial situations, buyings.
Two-Thirds Of UK Top 15 Are Non-Doms Alisher Burkhanovich Usmanov is the richest individual in the United Kingdom, according to the top released by Wealth-X, the global ultra high net worth individuals (UHNW) prospecting, intelligence and wealth due diligence firm. Alisher Burkhanovich Usmanov, whose stable of companies and investments range from Metalloinvest to MegaFon and … Read more
Kempinski To Open Luxury Hotels In Ghana This Year Over the next few years, key destinations in Africa will be populated with 4 Kempinski hotels. Europe’s longest- established luxury hotel company announced the signing of a management agreement with the Simba Corporation Limited for a 200 key hotel in the heart of Nairobi and … Read more
As violence surges in Syria, The European Union decided to ban the exports to Syria of luxury goods, including boats, with possible military applications. The new EU sanctions are designed partly to target the family of the Syrian president, in particular his wife Asma al-Assad, who is said to have continued shopping for luxury products … Read more
Etihad posts new single day bookings record Etihad Airways is experiencing exceptional demand for flights across our network for this weekend and into the summer. 65,500 Etihad flight bookings were made on 11th June, establishing a new record for flights bookings in a single day for Etihad. The figure exceeded the previous record – … Read more
Counterfeit Hermes ring revealed to be run by Hermes staff The iconic Birkin bag and silk scarves made Hermès house a popular brand name for counterfeiters. Even two of the company’ own employees were involved in a racket. After a year of surveillance the people responsible for peddling imitation bags have been dismissed, but … Read more
Negotiators from developing countries insist wealthy nations must help fund their move to sustainable development