Gain a better understanding of the luxury market. Find out the latest news from the luxury business sectors – openings, launches, financial situations, buyings.
Moncler opens a new boutique in Cannes, one of the most exclusive resorts on the Côte d’Azur. Moncler will host the Film Festival guests in a 77m ² space designed by Gilles & Boissier, the French duo of architects which has worked with Moncler for many years, including for the “Sit on my Doudoune” armchair … Read more
PPR & Yoox prepare a joint e-commerce project French luxury group PPR and Italian online fashion retailer Yoox are holding commercial discussions to examine the possibility of working together on an e-commerce project “No definitive agreement has been signed to date,” PPR said in a statement. Shares in Yoox rose more than 10 percent after … Read more
We are honored to present an article by Fflur Roberts, Head of Global Luxury Goods Research at Euromonitor International Hit by the global economic slowdown, the luxury goods industry went through a period of decline in 2008-2009 but by 2010 the recovery had already begun, with most developed countries recording positive growth. At the same time the … Read more
American film and television production & distribution company Paramount plans to create up to 50 hotels and resorts themed around Hollywood and California. The luxury hotels will be focused on ‘elements of the California lifestyle’. The hotels of one of the leading companies in the history of cinema will be centered around the art of … Read more
Luxury trunk maker Louis Vuitton Malletier will open an innovation terminal in Beaulieu-sur-Layon, at twenty kilometers south of Angers (Maine-et-Loire). The hub of leather goods will be a highly innovative research and innovation pole in the leather trades and could eventually employ about 400 professionals. The Beaulieu-sur-Layon commune was chosen due to the existence of a … Read more
Selfridges Named Best Department Store in the World At the Global Department Store Summit in Paris (GDSS), The Intercontinental Group of Department Stores (IGDS) announced that Selfridges has once again been recognised as the Best Department Store in the World for a second time, and will retain the honour until 2014. Selfridges took the … Read more