Gain a better understanding of the luxury market. Find out the latest news from the luxury business sectors – openings, launches, financial situations, buyings.
Hilton Worldwide, Flamingo Las Vegas, LaQuinta Inns & Suites and Gaylord Entertainment take top honors at the Annual Hotel Tech Forum Hospitality Technology (HT) magazine has named the winners of the 2012 Visionary Awards. Every year, HT presents a select group of lodging companies with accolades for outstanding achievement in delivering technological excellence. This year’s … Read more
TA Associates private equity firm has signed an agreement to acquire a 30% stake in Zadig & Voltaire, one of the most successful French brands in the new luxury ready- to-wear market. Zadig & Voltaire represents TA’s third investment in France since 2009 following investments in fund manager DNCA Finance and in a leading provider of … Read more
Maybach customers treated to $100,000 cash back Luxury car maker Maybach offers hard cash to sell out remaining inventory after Daimler made the decision to kill off the Maybach brand. Maybach customers are treated up to remarcable $100,000 cash back. According to AOL Autos, Maybach is trying to move its uber-luxurious Type 57 and Type … Read more
Sheraton Hotels will grow its portfolio of signature hotel spas across Asia, the Middle East and Eastern Europe as the brand continues to expand its footprint in the world’s fastest growing markets. In tune with the resurgence of the economy and growing demand for luxury services, Sheraton will double its robust portfolio of Shine Spas … Read more
LVMH Moët Hennessy Louis Vuitton luxury group reported a 25% increase in first quarter 2012 revenue to 6.6 billion Euros In Fashion & Leather Goods, Louis Vuitton continued its double-digit growth (+ 17 %). The Wines & Spirits business (+ 22 %) as well as that of Perfumes & Cosmetics (+ 12 %) saw … Read more
The World’s 50 Best Restaurants Awards, now in their tenth year, is organised and compiled by Restaurant magazine. The Awards has added a new category that will recognize the most outstanding sustainable restaurant. Highland Park single malt whisky, and Slow Food UK, introduced this innovative new award, the Slow Food Restaurant of the Year Award, … Read more