Gain a better understanding of the luxury market. Find out the latest news from the luxury business sectors – openings, launches, financial situations, buyings.
Al Habtoor Group buys Le Meridien Hotel Budapest Dubai’s Al Habtoor Group has bought its 10th hotel in the the group’s hotel portfolio. The latest acquisition is Le Méridien Budapest, a 218-room luxury hotel in Hungary‘s capital, situated just minutes from the Danube River. “Budapest is a beautiful, historic city with a unique atmosphere. I … Read more
Although Fisker Karma was met in the U.S. with sharp criticism and damaging publicity, the manufacturer of luxury Electric Vehicles with extended range had an exceptionally strong quarter in Europe. Fisker Automotive become one of Holland’s best-selling vehicles. Fisker was the second-highest-selling brand in the Netherlands in luxury four-door models between January and April, overtaking … Read more
The opening of the “Schiaparelli and Prada: Impossibile conversations” exhibition at the Metropolitan Museum in New York was the perfect moment for an important announcement for the world of fashion. Diego Della Valle, owner of Tod’s Group, intends to relaunch the iconic Italian fashion brand Elsa Schiaparelli. Della Valle purchased the rights to the Elsa … Read more
The secretive land-buying in foreign countries in the last decade became a major trend that involved governments, private and public companies. According to a report published by the Land Matrix project, the drive for land acquisition is a global trend that already has considerable impacts. The database on which the report is built, the largest … Read more
Jumeirah’s First European Resort is now Open Jumeirah global luxury hospitality group has celebrated the opening of its first European resort – Jumeirah Port Soller Hotel & Spa. The latest addition to Jumeirah’s portfolio of luxury spa hotels is nestled on the bay of Sóller in Mallorca, Spain, a small fishing village famous for its … Read more
Humphrey Bogart vs Burberry: Bogart sues Burberry over ‘Casablanca’ photo A photo of legend Humphrey Bogart wearing one of Burberry trenchcoats in the movie “Casablanca” caused a scandal among the Bogart Estate. The ‘Casablanca’ photo was used by Burberry in the context of a historic “timeline” of the company, used on Facebook, Twitter and Instagram. … Read more