Gain a better understanding of the luxury market. Find out the latest news from the luxury business sectors – openings, launches, financial situations, buyings.
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
Bouygues Bâtiment Île-de-France, a subsidiary of Bouygues Construction, has been declared the winner of the tender for the refurbishment of the celebrated Ritz Hotel, situated in the Place Vendôme in Paris. The luxury hotel, to close this summer and reopen in 2014, is to be totally refitted. This will encompass complete refurbishment of the decoration … Read more
Marriott aims to double footprint in the Caribbean and Latin America by 2017 Marriott International plans to double the number of hotels in the Caribbean and Latin America within the next five years. The company said also it expects to double its presence in Colombia with the additions of Marriott hotels in both Cartagena and Cali. … Read more